New fund

Endeavor Catalyst closes $320M Fund V with oversubscribed demand

What's the deal? Endeavor Catalyst has closed its fifth fund, Fund V, raising $320 million in an oversubscribed round. The close lifts the firm's assets under management past $850 million.

What's the endgame? Fund V has already committed more than $55 million to 30 companies. Endeavor Catalyst plans to deploy a further $25 million to $30 million by the end of 2026.

Who's in the portfolio? The firm's portfolio spans 437 companies across 44 markets. Of those, 83 have reached valuations of at least $1 billion, and 39 have resulted in exits.

Among the holdings are Altruist, Bending Spoons, and ElevenLabs — companies the firm cites as expanding where technology businesses originate.

The signal: By backing founders across dozens of markets, Endeavor Catalyst is betting that the next wave of billion-dollar companies will come from an ever-wider map — and that limited partners want in.

Read more: veja.abril.com.br

Image credit: Ministry of East African Affairs, Commerce & Touri

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