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Bain Capital Ventures closes $1.6 billion fund for early-stage AI investments

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  • Bain Capital Ventures closed its 11th fund to invest primarily in early-stage AI companies.
  • The fund raised $1.6 billion, up 14% from the previous fund’s $1.4 billion.
  • BCV plans to invest in roughly 30 to 40 companies from seed through Series B.
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