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Endeavor Catalyst raises $320 million for founders outside San Francisco

Endeavor Catalyst raises $320 million for founders outside San Francisco

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Summary

Endeavor Catalyst has raised $320 million to support founders based outside San Francisco. The announcement comes as venture capital investors continue to cluster in the city.

Details

Endeavor Catalyst has raised $320 million to support founders building their companies outside San Francisco, TechCrunch reports.

The fundraising comes as venture capital investors concentrate in San Francisco. The fund is focusing on entrepreneurs located elsewhere.

The available information does not specify the size of individual investments, the markets involved, or which companies will receive funding. It also provides no further details about the structure of the capital raised.

NEXORA AI — Why it matters

The fundraising highlights Endeavor Catalyst’s focus on backing founders beyond San Francisco’s concentrated venture capital ecosystem.

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Read the original publication at TechCrunch