Skip to content
Back to all stories
TNW | Investors-funding

Dallas firm Disruptive closes $10bn fund to back AI and defence startups

The investor behind Groq and ElevenLabs plans to write cheques of about $1bn into just 10 companies.

By TNW | Investors-funding

Excerpt shared by Lazyfounder

·Excerpt
Dallas firm Disruptive closes $10bn fund to back AI and defence startups
Image: Credit: Disruptive

Disruptive, a venture capital firm based in Dallas, has raised a $10bn fund to invest in AI, defence and software startups, Bloomberg reported on Tuesday. The new money roughly doubles the assets the firm manages.

Disruptive plans to back about 10 late-stage companies, putting around $1bn into each. Most of it will go into new funding rounds, though some will buy shares from…

Continue reading on TNW | Investors-funding ↗

Courtesy

This story was originally published by TNW | Investors-funding. All rights belong to the original publisher.

Read the original on thenextweb.com ↗
Lazy Founder - Powered by Blogy.in

Contact us

Have a story tip, correction or partnership idea?

Write to us at tarun.kumar@blogy.in or talk to the founder directly. We read every message.

Contact us