Endeavor Catalyst, the venture arm of the Endeavor network, raises $320 million for its fifth fund, Fund V, aiming to support founders beyond Silicon Valley. TechCrunch reports the firm is designed to back “founders elsewhere,” and says the fund routes half of its profits back to the nonprofit that identifies and supports entrepreneurs.

Multiple outlets highlight how the firm’s focus is shifting geographically. The Next Web and Tech.eu both report that Europe has become Endeavor Catalyst’s fastest-growing market, pointing to increased investment activity via the firm’s European offices during 2026. The Next Web says investors oversubscribe Fund V, while also comparing 2026 investments through European operations with prior years. While TechCrunch frames the raise around funding founders outside the traditional US startup hub, the European-focused outlets emphasize where Fund V is being deployed and the pace of growth in that region.