Disruptive Raises $10B Fund to Back at Least 10 Companies
In one line: Investment firm Disruptive has raised a $10 billion fund to place large bets on at least 10 companies.
Key points
- The fund totals $10 billion and targets a minimum of 10 portfolio companies.
- The approach is reported to be concentrated, with sizable checks per company.
- In recent years Disruptive has made headlines by investing in AI chip startup Groq and AI voice-generation startup ElevenLabs.
Why it matters
A firm that has backed major rounds in both AI infrastructure (chips) and applications (voice generation) now has $10 billion to deploy. Because the money is concentrated in a small number of companies, the picks could shape growth and competition among the AI startups it selects.