Disruptive raises $10B fund to make big bets on at least 10 companies
Disruptive has made headlines in recent years for pouring money into companies like chip startup Groq and the AI voice-generation startup ElevenLabs.
TL;DR
- Disruptive, an investment firm based in Dallas, has launched a $10 billion fund.
- The fund will back at least 10 late-stage companies, with checks up to $1 billion.
- Investments will focus on AI and defense sectors.
- This is the firm's first blind-pool fund.
- Disruptive has previously invested in companies like Groq and ElevenLabs.
- The firm has reportedly returned over $6 billion on approximately $1.9 billion invested.
- This fund is the largest venture fund raised in Texas history.