By Tony O. Lawson BAG Ventures has closed its first fund at $11.3 million to invest in early-stage companies building artificial intelligence technology for enterprise customers. Founded by Bonita Stewart and Jackson Georges Jr., the firm has assembled 150 limited partners and made 10 investments through Fund I across enterprise AI infrastructure, cybersecurity, vertical applications and agentic workflows. The fund represents the next stage of an investing network Stewart and Georges began developing years earlier through BAG Collective. From BAG Collective to BAG Ventures BAG Collective has grown into a community of more than 450 technology operators who invest together

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