Re:Build lands $2.1 billion for manufacturing expansion and new startups
General Catalyst and JPMorganChase’s Strategic Investment Group led the investment in the Massachusetts manufacturing accelerator.
Disruptive raises $10 billion fund for late-stage investments
The Dallas investment firm plans to back at least 10 companies, focusing on AI and defense, with individual investments reaching $1 billion.
Disruptive announced on October 27, 2026, that it had raised $10 billion for a fund targeting late-stage businesses in artificial intelligence and defense. The Dallas-based firm said it intends to invest in at least 10 companies, committing up to $1 billion to an individual investment.
The vehicle marks a change in how Disruptive gathers capital. It is the firm’s first blind-pool fund, in which investors pledge money before the companies receiving investments are identified. Previously, Disruptive used special purpose vehicles to raise capital for individual deals.
Earlier in October, a media report said Disruptive was seeking capital for the fund and had obtained commitments totaling at least $7.5 billion. A separate media report said the firm told its limited partners it had returned more than $6 billion from roughly $1.9 billion invested in startups.
Alex Davis, a grandson of oil billionaire Marvin Davis, founded Disruptive in 2012. Its previous investments include Palantir, Airbnb and Spotify, as well as chip startup Groq and voice-generation AI company ElevenLabs.