Two Google alumni raise $11.3M to back AI startups that enterprises will actually pay for

Automated excerpt

Two Google alumni have closed an $11. 3 million fund to back early-stage AI startups, betting that the era of enterprise AI experimentation is ending and that customers will increasingly pay only for products that prove their worth. BAG Ventures, founded by Bontia Stewart, a former Google vice president, and Jackson Georges Jr. , a former CapitalG partner, closed the fund after about two years of investing from it as it came together. It invests in startups in areas like AI infrastructure, compute, physical and edge AI, security, governance, and vertical SaaS.

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