Disruptive Launches $10 Billion Fund for 10 AI and Defense Bets
Updated
Updated · TechCrunch · Oct 27
Disruptive Launches $10 Billion Fund for 10 AI and Defense Bets
3 articles · Updated · TechCrunch · Oct 27
Summary
$10 billion will be deployed by Disruptive into at least 10 late-stage AI and defense companies, with individual checks reaching $1 billion.
The Dallas firm is making its first blind-pool fund after years of raising capital deal by deal through special purpose vehicles, a shift aimed at larger, capital-intensive sectors.
At least $7.5 billion in commitments had already been secured earlier this month, making the vehicle one of 2026's biggest fundraises and the largest venture fund raised in Texas history.
Disruptive has built its pitch on past bets including Palantir, Airbnb, Spotify, Groq and ElevenLabs, and has told investors it returned more than $6 billion on roughly $1.9 billion invested.