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2 clusters · 9 sources · 15 days · First seen 20 days ago · Last updated 5 days ago

Endeavor Catalyst Fund V fundraising

Overview

Endeavor Catalyst has closed its fifth venture capital fund, Endeavor Catalyst Fund V, at $320 million, surpassing its original $300 million target. This brings the organization’s total assets under management to more than $850 million.

Initial reports highlighted participation from Itaú Ventures, the corporate venture capital arm of Itaú Unibanco, which is using the capital to gain a ‘global radar’ for emerging technologies. The fund has placed a significant emphasis on the European market, which is the firm’s fastest-growing investment region.

Subsequent details revealed that Greece emerged as the largest investor participant, with 17 Greek investors—including the country’s four systemic banks and various business families—committing $70 million. This contribution represents approximately 22% of the total fund capital. The fund intends to focus on global technology trends, specifically artificial intelligence and defense technology, targeting companies with Greek founders.

Entities

Eurobank · Alpha Bank · HappyRobot · EnduroSat · National Bank of Greece

Claims

What the coverage asserts, and how many sources carry each claim.

[● 3 SOURCES] Endeavor Catalyst Fund V reached a total of $320 million. www.businessdaily.gr · www.insider.gr · www.naftemporiki.gr
[● 3 SOURCES] Greek investors committed $70 million to the fund. www.businessdaily.gr · www.insider.gr · www.naftemporiki.gr
[● 3 SOURCES] The fund includes the four systemic Greek banks: Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank. www.businessdaily.gr · www.insider.gr · www.naftemporiki.gr
[● 2 SOURCES] Greek participation accounts for approximately 22% of the fund's total capital. www.businessdaily.gr · www.naftemporiki.gr
[● 2 SOURCES] Seventeen Greek investors participated in the fund. www.insider.gr · www.naftemporiki.gr
[● 2 SOURCES] The fund targets companies in the artificial intelligence and defense technology sectors. www.businessdaily.gr · www.insider.gr
[○ 1 SOURCE] Four AI companies with Greek co-founders have a combined valuation exceeding $34 billion. www.insider.gr
[○ 1 SOURCE] Greek investment in Endeavor funds rose from $5 million in 2019 to $70 million in the current cycle. www.naftemporiki.gr

Timeline

5 days ago

[BUSINESS] 3 sources
Endeavor Catalyst Fund V reaches $320 million with record Greek investment
Greece has become the largest investor in Endeavor’s $320 million Catalyst Fund V, with 17 investors committing $70 million to target global AI and defense technology startups.
20 days ago

[BUSINESS] 6 sources
Endeavor Catalyst raises $320 million for Fund V with Itaú participation
Endeavor Catalyst has raised an oversubscribed $320 million for its Fund V, with Itaú Ventures participating to expand its global innovation reach and a strategic focus on European markets.

Sources

businessdaily.gr · insider.gr · mobile.valor.com.br · moneyreport.com.br · naftemporiki.gr · pulse2.com · techcrunch.com · techfundingnews.com · world-today-journal.com