Bain Capital Ventures Closes $1.6 Billion Fund XI for Post-AGI AI Startups

Bain Capital Ventures has closed Bain Capital Ventures Fund XI at $1.6 billion, marking a new vehicle for AI infrastructure, physical AI, security and services startups built around the firm's post-AGI thesis. The fund exceeded an undisclosed target and extends an early-stage playbook in which more than 82% of Fund X dollars went into Pre-Seed, Seed, Series A or Series B rounds.