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BAG Ventures closes $11.3M fund for early-stage enterprise AI startups

BAG Ventures, founded by former Google VP Bontia Stewart and ex-CapitalG partner Jackson Georges Jr., has closed an $11.3 million fund after roughly two years of investing. The firm has already backed 10 startups, including SXD, BizTrip, and Nomadic, with checks ranging from $100,000 to $500,000, and plans to deploy the remainder over the next two years.