Bertelsmann Digital Media Investments (BDMI), the corporate venturing unit belonging to media conglomerate Bertelsmann, joined unnamed investors described as ‘major financial and strategic partners’ in underwriting a convertible loan of €5m ($6.9m) to venture incubator H-Farm Wednesday last week.
Founded in 2005, H-Farm is headquartered in Italy but currently has offices in the US, UK and India, and focuses mainly on tech-oriented startups which it provides with seed funding.
BDMI has recently made similar investments in a range of…
