Wamda

Endeavor Catalyst raises $320 million to back startups beyond Silicon Valley

Endeavor Catalyst, the venture capital arm of the global entrepreneurship network Endeavor, has closed its fifth fund at $320 million, bringing its assets under management to more than $850 million. The fund attracted approximately 400 limited partners, including the founders of Nubank, Revolut, Checkout.com and Careem, as well as investors such as Reid Hoffman, Bill Ackman and Prosus. Fund V aims to invest in up to 150 companies, typically committing $1 million to $3 million per investment. End

By Wamda

1 min read
Endeavor Catalyst raises $320 million to back startups beyond Silicon Valley
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