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Dallas firm Disruptive says it raised a $10 billion flagship fund
TechCrunch reports Dallas-based Disruptive announced a $10 billion fund to back at least 10 late-stage companies with checks of up to $1 billion.
- New headline Was: “Disruptive raises $10B fund to make big bets on at least 10 companies”
- Our desk filed its story
Dallas-based investment firm Disruptive announced a $10 billion fund on Tuesday to back at least 10 late-stage companies, with individual checks of up to $1 billion, TechCrunch reported, citing a company statement1.
TechCrunch said the firm's earlier investments include Palantir, Airbnb and Spotify, and that it has recently put money into chip startup Groq and AI voice company ElevenLabs1.
The outlet cited Bloomberg as reporting that Disruptive told limited partners it has returned more than $6 billion on roughly $1.9 billion it has invested in startups1. It also cited the Dallas Business Journal as saying the new fund is the largest venture vehicle raised in Texas history1.
Independent confirmation of the limited-partner return figures, the Texas ranking, and the fund's limited-partner list was not in the TechCrunch brief1. The company statement was posted via PR Newswire, according to the report1.
