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

Key takeaways

Endeavor Catalyst raises $320M to support founders outside major tech hubs, focusing on companies beyond Silicon Valley.

• Endeavor Catalyst's fifth fund totals $320M, with $850M in total assets under management.
• The fund focuses on founders outside major tech hubs, with a high selection process.
• Investments range from $1M to $3M, with checks not exceeding 10% of a round.

Summarised automatically by AI from the original article by TechCrunch. AI can make mistakes, so check the original for details.