Disruptive raises $10 billion fund to back at least 10 late-stage companies
Dallas firm will write checks of up to $1 billion in AI and defense
Dallas-based investment firm Disruptive has raised a $10 billion fund to back at least 10 late-stage companies, with individual investments of up to $1 billion, it announced Tuesday. The fund, one of the biggest raised so far this year, is aimed at the capital-intensive fields of artificial intelligence and defense.