While VCs crowd into San Francisco, Endeavor Catalyst raises $320M for founders ‘elsewhere’

Endeavor Catalyst raised $320 million to back founders outside Silicon Valley. Half of the profits go to the nonprofit that identifies these entrepreneurs. The fund targets startups in underserved regions, aiming to diversify venture capital beyond traditional tech hubs. This new capital will support early-stage companies globally, expanding access to funding for founders who lack proximity to major investors.