BAG Ventures Closes $11M Fund for Early-Stage AI Startups

Google alumni Bontia Stewart and Jackson Georges Jr. have closed an $11.3 million venture fund to back early-stage AI startups. The pair, who met while working at Google, launched BAG Ventures after nearly two years of investing from the fund.

The firm has already backed 10 companies, including software firm SXD, AI travel agent BizTrip, and agentic reasoning platform Nomadic. BAG invests in AI infrastructure, compute, physical and edge AI, security, governance, and vertical SaaS.

Checks range from $100,000 to $500,000, with the team planning to deploy the rest of the fund over the next two years. More than 150 limited partners are backing BAG, including Google and operators from Nvidia, Amazon, and Snowflake.