Endeavor Catalyst Secures $320M to Fund Tech Startups Outside Silicon Valley
Venture capital firm Endeavor Catalyst has raised $320 million for its eighth fund to invest in high-growth startups located outside traditional tech hubs like San Francisco. Uniquely, half of the fund's profits will be reinvested into its parent nonprofit, driving global entrepreneurial growth and proving that innovation thrives far beyond major metropolitan centers.
Source: TechCrunch