The global network provides capital and access for AI Seed-Series B teams in emerging markets, with the first investments expected in the coming months.
Entrepreneurial network Endeavor Global has announced plans to raise up to $300 million to support artificial intelligence and high-growth startups in emerging markets, including the Middle East and North Africa (MENA), the United States, Europe, Africa and Asia.
The proposed financing initiative aims to strengthen Endeavor’s co-investment arm, Endeavor Catalyst, which invests in technology companies with high growth potential. Endeavor Catalyst has made more than 360 investments across 34 countries and supports selected founders through the broader Endeavor network.
Endeavor is a nonprofit organization headquartered in New York that supports high-impact entrepreneurs in more than 40 markets around the world, including the MENA region. The network helps founders grow their businesses by providing access to global mentorship, capital, community and market connections.
The planned $300 million fund reflects a broader venture capital trend of investing in technology teams outside of traditional startup hubs. In the MENA region, Endeavor Catalyst has already backed several growth-stage companies, with over 20 investments in the region through its previous fund, including companies based in Egypt and other regional markets.