Endeavor Catalyst has successfully closed its fifth fund, securing $320 million. The firm focuses on co-investing in companies led by Endeavor Entrepreneurs alongside prominent venture capital firms. Europe currently represents the fund's fastest-growing market, with the organization actively increasing its regional presence.
The firm has completed over 90 investments across 10 European countries, including Bulgaria, Greece, Italy, and Ukraine. In the first half of 2026 alone, Catalyst backed 12 companies in the region, surpassing the 14 deals completed throughout 2025. Portfolio companies in Europe raised $3.3 billion in rounds involving Catalyst between 2025 and mid-2026.
Recent portfolio activity includes investments in EnduroSat, which raised $104 million in 2025, and the AI startup HappyRobot, which reached a valuation of $1.2 billion following a $150 million Series C round in August 2026. The fund also maintains stakes in major European tech firms such as ElevenLabs, ICEYE, and Bending Spoons.
ElevenLabs achieved a valuation of $22 billion following a $300 million employee tender in 2026, while ICEYE secured €450 million in a Series F round, valuing the company above €10 billion. Bending Spoons recently obtained over €500 million in debt financing to support its acquisition strategy.
Since its inception, Endeavor Catalyst has invested in 437 companies across 44 markets, resulting in 39 exits. Currently, 83 of its portfolio companies have reached valuations of at least $1 billion. The firm's London Global Hub, established in 2024, now supports over 100 companies and 90 entrepreneurs.
