Greek investors contribute $70 million to Endeavor Catalyst Fund V

Greek investors contributed $70 million to the Endeavor Catalyst Fund V, representing more than 20% of the total capital raised. The fund closed in October with over $320 million, exceeding its initial $300 million target.

Endeavor Catalyst, a co-investment fund of the international organization Endeavor, focuses on financing entrepreneurs in markets that often receive limited interest from large international venture capital firms, including Greece. Since 2012, the fund has invested a total of $25 million in 15 companies with Greek founders.

In the artificial intelligence sector, Arena secured $200 million in a Series B funding round, reaching a valuation of $3.1 billion, with participation from Endeavor Catalyst. Additionally, Resolve AI, co-founded by Spyros Xanthos, ranked first in the Harmonic Hot 25 list for the third consecutive quarter.