Endeavour catalystFund Endeavour GlobalHe collects a recent fund value $ 300 million, its fifth and largest fund, which goals to deepen the plant into highly developed startups in Africa, Latin America, the Middle East and Southeast Asia, learned TechCrunch.
According to sources, the recent fund is still at the early stages of obtaining funds. The previous fund was the IV fund value USD 292 million in 2022. The company has already began early talks with limited partners, including family offices, financial financial institutions and technology founders from the entire global network.
If it succeeds, the fund would bring the resources of Endeavor Catalyst under the management of over $ 800 million, which further strengthen their position as one of the most energetic players in emerging markets.
Endeavor Catalyst refused to comment on the activity of collecting funds.
Collecting funds appears when many investors of emerging markets projects are facing the wind: slow exits, smaller rounds and a limited global capital environment. But Endeavor Catalyst bet on that his model can survive the deterioration of the economic situation and scale promising and well -established corporations in these markets.
The company, created in 2012, solves a lasting gap in the Venture capital in developing markets: access to financing the growth stage. In contrast to traditional VC, Endeavor Catalyst only invests in the founders chosen by the Endeavor Global-“high-influence entrepreneurs”, calls them. He participates in capital rounds in the amount of at least $ 5 million (normally at the A to C series stages) and invests together with other institutional VC.
Endeavour Global identifies the founders of Breakout early, provides them with global mentoring and access to the market, and then supports them (with Catalyst Endeavor), when they intend to raise capital, without leading or setting conditions (the fund does not run rounds or take places on deck).
Linda Rottenberg, who was a co -founder of Endeavor in 1997, saw something that was not most investors: this sight of founders on emerging and border markets might be built by large corporations if they’d the right foundation. This early belief that began in Latin America laid the foundations for a global network that helped scale lots of of corporations long before investors noticed their markets.
So far, the thesis seems to pay.
In 4 funds, Endeavor Catalyst collected over $ 540 million and revamped 360 investments in 34 countries. The portfolio includes 63 corporations value over $ 1 billion, including Türkiye InitiateFlutterwave Nigeria, Rappi in Colombia, tabby in the United Arab Emirates and Carro Indonesia.
Endeavor Catalyst also supports startups in less energetic startup ecosystems in the USA and Europe. Polish startup AI Elevenlabs, Spanish platform Jobandtalent and USA ” Altruistic These are a few names.
The fifth Endeavor Catalyst fund begins in a completely different climate than its predecessors. After the boom in 2021, the global capital Venture Capital significantly slowed down from 2022 to 2024, and many investors Crossover withdrew and dried capital in emerging markets.
However, the investor from New York remained extremely energetic, especially last 12 months. In the fourth quarter of 2024, the company accomplished 13 recent investments in seven markets – in the third most energetic quarter Annual report.
The fund’s results so far have also helped build credibility. Over 30 portfolio corporations got here out via IPO or acquisition, ensuring phrases and proving that prime results are possible in markets outside the USA, China, Europe and India. Names equivalent to Argentina GlobantCornershop Chile and Instadeep Tunisia come to mind.
Despite this, the success of Endeavor Catalyst is vital outside his own phrases. As one of the few global VC with a mandate of purely emerging markets and a built -in advantage of acquisition, it plays a huge role in proving the possibilities of investing technology markets outside Silicon.
Endeavor Catalyst are supported by outstanding investors and founders, including Bill Ford, Bill Ackman, Michael Dell, Pierre Omidar and Reid Hoffman.
Similarly, the founders and “Endeavor entrepreneurs”, including Marcos Galperin (Mercadolibre), David Vélez (Nubank) and Marcin Zukowski (Snowflake), are also partners with limited partners (30% LPS on the first 4 funds are also “entrepreneurial enterprises”).
Companies equivalent to General Atlantic, Tiger Global, Qed Investors, Pask Ventures, Prosus Ventures and Peak XV and STV are frequent local and international co -investors in their startups.