Disruptive Announces $10 Billion Fund for Late-Stage AI and Defense Companies

Dallas-based venture firm Disruptive announced on October 27, 2026, a $10 billion fund planning to back at least 10 late-stage companies in AI and defense. The fund, the firm's first blind-pool vehicle, can write checks of up to $1 billion. Investors commit before portfolio companies are chosen. Disruptive was founded in 2012 by Alex Davis.