Weekly corporate venturing deal net: 27 June-1 July 2016

Jul 1, 2016 • Robert Lavine

Canada-based video distribution and content discovery platform Vemba secured $5m in series A funding on Monday from Bertelsmann Digital Media Investments, the corporate venturing arm of media group Bertelsmann, as well as venture capital firm Upfront Ventures and Enterprise Fund at the John S. and James L. Knight Foundation. Vemba had reportedly already raised $3.3m from Rowanwood Ventures, the VC fund managed by iGan Partners, as well as angel investor Steven Harmer.

PSA Group, the parent company of automotive brands…

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