ImpactAlpha, September 17 – Global startup network and investor Endeavor launched its Catalyst initiative in 2012 to back high-impact startups and entrepreneurs designing products and services that fill large market gaps. It has invested in 150 startups in 30 markets, including Kenyan “Amazon” Copia, Mexican waste-to-fuel company Sistema.Bio and fast-growing financial services firms like Brazil’s Nubank.
Endeavor Catalyst has now closed its third fund at $134 million. Investors include LinkedIn founder Reid Hoffman, Michael Dell, Pierre Omidyar and Bill Ackman.