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.
The Dallas-based investment firm Disruptive, whose past bets include Palantir, Airbnb, and Spotify, announced a $10 billion fund to back at least 10 late-stage companies, with checks of up to $1 billion, it said Tuesday .
It’s one of the biggest fundraises of the year so far, aiming to back (what else?!) the capital-intensive fields of AI and defense. The Wall Street Journal first reported earlier this month that the firm was seeking to raise the fund and by then had already secured at least $7.5 billion in capital commitments.
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- TechCrunch27 Oct, 19:55
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