Disruptive closes $10B fund to back 10+ late-stage AI and defense firms
Dallas-based investment firm Disruptive announced a $10 billion fund on Tuesday, planning checks of up to $1 billion each for at least 10 late-stage companies in AI and defense. The fund is the firm's first blind-pool vehicle, meaning investors commit capital without knowing in advance which startups will receive it, a shift from its prior deal-by-deal approach.