The Innovative Startups and SMEs Fund (ISSF) has announced a strategic investment of $7 million into Endeavor Catalyst V, a prominent global co-investment fund with over $300 million in assets under management. This commitment signifies the initiation of ISSF's second investment phase, following the successful completion of its first cycle in 2025. The collaboration aims to enhance the integration of Jordanian startups into international investment networks, providing them with greater access to growth-stage capital and opportunities for global expansion.
Endeavor Catalyst, renowned for its support of high-growth companies across more than 60 countries, has a proven track record of investing in Jordanian startups, including notable names such as Tamatem Games, Altibbi, EON Dental, Tarjama, and ZenHR. The fund's focus on co-investment alongside leading venture capital firms positions it as a vital player in the global startup ecosystem.
Through this partnership, ISSF anticipates that a portion of Endeavor Catalyst V's investments will be directed towards Jordanian ventures, facilitating their international growth and connecting them with essential funding sources. This investment underscores ISSF's ongoing commitment to nurturing Jordan's entrepreneurial landscape, fostering innovation, and enabling local startups to compete on a global scale.
Endeavor Catalyst, renowned for its support of high-growth companies across more than 60 countries, has a proven track record of investing in Jordanian startups, including notable names such as Tamatem Games, Altibbi, EON Dental, Tarjama, and ZenHR. The fund's focus on co-investment alongside leading venture capital firms positions it as a vital player in the global startup ecosystem.
Through this partnership, ISSF anticipates that a portion of Endeavor Catalyst V's investments will be directed towards Jordanian ventures, facilitating their international growth and connecting them with essential funding sources. This investment underscores ISSF's ongoing commitment to nurturing Jordan's entrepreneurial landscape, fostering innovation, and enabling local startups to compete on a global scale.
Source: Wamda