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Ex-Google founders raise $11.3M fund to invest in enterprise-focused AI startups

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BAG Ventures, a firm founded by two former Google employees, has announced the successful close of its debut Fund I, raising $11.3 million. The fund is focused exclusively on artificial intelligence investments. The firm's strategy centers on backing AI startups that target enterprise customers — businesses willing to pay for AI-driven solutions. The close marks a significant milestone for the newly established venture firm as it enters a competitive AI investment landscape.

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Ex-Google founders raise $11.3M fund to invest in enterprise-focused AI startups · ShortSingh