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Two Google alumni raise $11.3M for AI venture fund

Original: Two Google alumni raise $11.3M to back AI startups that enterprises will actually pay for https://techcrunch.com/2026/09

Two former Google employees have raised $11.3 million for a new venture firm, Bag Ventures, that will invest in artificial intelligence startups. The fund is focusing on AI companies building deeper in the technology stack, with an emphasis on startups that offer practical products enterprises are willing to pay for rather than hype-driven ventures.

Why now: Investors and founders are closely watching where early-stage AI funding is flowing as enterprise demand separates durable startups from hype.

Bag VenturesGoogle

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