Disruptive closes $10 billion fund for SI and defense startups
Prepared by Sintelligent with the help of SI. Published in SI: . Updated: .
Big late-stage rounds for SI companies require ever larger checks, and money is gathering in megafunds.
The Dallas-based firm has roughly doubled its assets under management and is moving from individual deals through SPVs to a single fund: it plans to invest in about ten late-stage companies, around $1 billion each. Its portfolio includes ElevenLabs, Databricks and military drone maker Shield AI. According to The Next Web, citing Bloomberg documents, the fund has returned more than $6 billion to investors on about $1.9 billion invested.
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