Disruptive raises $10B fund to back at least 10 late-stage companies
AIDallas-based investment firm Disruptive announced a $10 billion fund to back at least 10 late-stage companies, with checks of up to $1 billion. The firm said the fund targets capital-intensive fields including AI and defense, and that it is its first blind-pool fund, meaning investors commit money without knowing which companies it will back.
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TechCrunch · AI · Dominic-Madori Davis · techcrunch.comPublished · added here
Original title: Disruptive raises $10B fund to make big bets on at least 10 companies