BDMI is an European venture capital firm headquartered in New York and Berlin focused on innovative digital media technologies, products, and distribution channels in Europe, Israel and North America.
BDMI concentrates on early stage investments into growing companies in the digital media landscape. The company focuses predominantly on Series A and B investments but also maintains a seed fund that include about 20 companies. The initial investment range is from €0.5 to 3 million. The company looks for opportunities where they can accelerate growth through BDMI’s financial and management resources and close connectivity with one or more Bertelsmann divisions.
Although BDMI is a 100%-owned subsidiary of Bertelsmann SE, it is not a strategic investor and conducts investments as every other financial VC.
With consolidated revenues of over €19 billion (U.S. $25 billion), Bertelsmann is an international media company encompassing television (RTL Group), book publishing (Penguin Random House), magazine publishing (Gruner + Jahr), music (BMG), media services (Arvato), and media clubs (Direct Group) in more than 60 countries. Due to the vast resources of Bertelsmann SE & Co. KGaA, BDMI is an investor that provides not only capital, but can also support startups by using its network of diverse Bertelsmann contacts and businesses.
Current Team (9)Update
1745 Broadway # 3
New York, NY 10106
- 11/01/10 -techcrunch.com
- 07/13/09 -techcrunch.com