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

Endeavor Catalyst has raised $320 million to invest in founders building companies beyond Silicon Valley. The fund is tied to Endeavor’s nonprofit network, with half of its profits flowing back to support entrepreneur programs.

The raise highlights continued investor appetite for global startup ecosystems even as many VCs refocus on San Francisco. Endeavor’s model blends venture returns with nonprofit reinvestment, positioning it as both a capital source and ecosystem builder for founders outside traditional tech hubs.