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BGV Raises $110M to focus on Enterprise AI and Cross-Border Investments

SARR’s CEO, Ikkei Matsuda is Japan Advisory Partner of BGV. BGV has announced the close of BGV-IV.

“BGV Raises $110M to focus on Enterprise AI and Cross-Border Investments”

With a global set of LPs from Europe, Asia and the U.S., the VC firm’s fourth fund will support disruptive Enterprise 4.0 companies from around the world.

 

From the press release:

“For BGV, if you are a talented entrepreneur, it doesn’t matter where you’re from. What matters is that your idea and your company are innovative, unique, and transformative across global markets,” said Eric Benhamou, Founder and General Partner at BGV. “We’re grateful to the many new global investors who placed their trust and capital in us. We are proud to close this fourth fund and will continue our work helping the next generation of cross-border entrepreneurs in their company building journey.”

With this fourth fund, BGV will focus exclusively on the Enterprise 4.0 domain. Enterprise 4.0 describes AI-first B2B startups that apply deep tech to novel data sets coupled with workflow automation. Most importantly these startups do so without introducing unintended race, gender or age bias while addressing data privacy and security concerns and providing transparency. The BGV team has thought deeply about the importance of ethical AI as it relates to B2B implementations and recently established a diverse community of entrepreneurs and industry executives to democratize the evolution and growth of Ethical AI Governance. This new fund will allocate capital towards companies implementing cutting-edge AI solutions in ways that are ethical and serve to deliver strong returns while improving the world around them.

Often holding seats on the boards of its portfolio companies, BGV has a hands-on, long-term approach to investments. The VC firm helps startups accelerate market validation and de-risk execution in order to scale and compete on a global playing field, both within and outside of the US.

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