Former Google leaders close $11.3M fund for early-stage AI startups

BAG Ventures writes $100K to $500K checks into AI infrastructure and vertical SaaS companies.

Bonita Stewart, a former Google vice president, and Jackson Georges Jr., a former partner at CapitalG, have closed BAG Ventures, an $11.3 million fund for early-stage AI startups. It has already backed 10 companies, focused on AI infrastructure and vertical SaaS.

Checks range from $100,000 to $500,000, and the team plans to invest the rest of the fund over the next two years. Beyond capital, the founders say they offer introductions and go-to-market help. Limited partners include executives from Google and Nvidia.

Read the original at The American Bazaar ↗