Disruptive Announces $10 Billion Blind-Pool Fund for Late-Stage AI and Defense Bets

Dallas-based venture firm Disruptive announced on October 27, 2026, a $10 billion fund that plans to back at least 10 late-stage companies in AI and defense. It is the firm's first blind-pool vehicle, meaning investors commit before any portfolio companies are chosen. Individual checks can reach $1 billion. Alex Davis founded Disruptive in 2012.