• Endeavor Catalyst is raising a USD 300M fund to back high-growth startups across MENA, Africa, Latin America, and Southeast Asia.
• This marks its fifth and largest fund, as the VC doubles down on emerging markets despite global venture headwinds.
• The fund is still in early stages, with talks underway with family offices, DFIs, and tech founders in its network.

Endeavor Catalyst

What happened? Endeavor Catalyst, the co-investment affiliated with global entrepreneurial network Endeavor Global is raising a new USD 300 million fund.

This would be its fight and largest fund yet. It aims to target high growth startups in Africa, Latin American, Middle East, and Southeast Asia.

The fund is still in its early fundraising stages and the firm is currently in early talks with limited partners. This includes family offices, development finance institutions, and tech founders across its global network. 

Emerging Markets

Why does this matter? The fund comes at a time when many venture investors in emerging markets are facing obstacles. These obstacles include inadequate exits, fewer follow-up rounds and a constrained global capital environment. However, Endeavor Catalyst is aiming to tackle these challenges and scale promising startups in these markets.

How does it work? The VC seeks to identify breakout founders early, providing them with global mentorship and market access. Additionally, it then also backs them with funding when they need to raise capital without leading or setting terms

Who are they? Endeavor Catalyst is the rules-based, co-investment fund of Endeavor. It aims to target high growth founders by supporting and investing in them to scale faster.

Bottom Line: Endeavor Catalyst’s fifth fund signals continued investor appetite for emerging markets, even in a tough global funding climate. With USD 300 million in its sights, the firm is betting that early support, global networks, and flexible capital can help high-growth startups push through today’s venture slowdown.