Bertelsmann Investments (BI) bundles Bertelsmann’s global venture capital activities and the Bertelsmann Next growth unit. The venture capital arm comprises the funds Bertelsmann Asia Investments (BAI), Bertelsmann India Investments (BII) and Bertelsmann Healthcare Investments (BHI), as well as selected fund and direct investments in Europe, the United States, Brazil, Southeast Asia and Africa, among other regions. The Bertelsmann Next unit drives the entrepreneurial development of new growth industries and lines of business, particularly in the fields of mobile ad tech (AppLike), HR tech (EMBRACE) and pharma tech (cormeo). Through Bertelsmann Investments’ fund network and Next activities, approximately €2.0 billion has been invested in around 500 innovative companies and funds to date. Bertelsmann Investments currently holds over 350 active investments worldwide through its start-up and fund network.