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…

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