Endeavor Catalyst Fund has invested in eight South African businesses in the past 12 months: Aerobotics, Clickatell, Entersekt, Go1, MFS Africa, Ozow, SweepSouth and TymeBank.
Endeavor Catalyst Fund invests in early-stage venture funds in the emerging and underserved markets outside of the US, China and India; and is a co-investment fund of Endeavor Global, which is the largest global community of high-growth entrepreneurs with a presence in 40 markets.
Venture capital is a form of private equity financing that is provided by venture capital firms or funds to start-ups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth.
This as Endeavor announced the final closing of Endeavor Catalyst Fund IV, a $292 million (R4.6 billion) venture capital (VC) fund through…