As AI deals get increasingly expensive and the landscape becomes cluttered with more startups, it gets harder and harder for investors to get in on the ground floor at the “right” startup.

Bain Capital Ventures is trying to solve that problem through something quietly launched in the summer — BCV Labs, its new AI incubator program.

The new incubator — which has already made a trio of deals — was developed by BCV investors Aaref Hilaly and Rak Garg at BCV’s Palo Alto, California, offices. The idea for the lab sprung from the fact that while AI networking events have been popping up all over the Bay Area in the last year-plus, actually getting to meet the right people has only become more difficult.

https://news.crunchbase.com/ai/bain-capital-launches-bcv-labs-startup-venture/