Marathon Venture Capital leads seed-stage technology companies, providing capital, hands‑on operational support, and a strong network to help founders scale. They continue to participate in follow‑on rounds (Series A and B) to protect their pro‑rata ownership and back companies as they grow. Their focus is on AI‑enabled, hardware‑intensive, and enterprise software startups in Europe with the potential for global impact.
Industries
Industry breakdown
Top industries in the portfolio
Geography
Geographic scope
Europe
Geography breakdown
Darker regions = more portfolio companies
Top 5 countries
United States of America
25.0%United Kingdom
15.0%Greece
15.0%Switzerland
10.0%France
5.0%Other
20.0%Countries with a higher share of the portfolio are shaded darker on the map.
Stages
Stage indicator
Seed → Series B
Stage breakdown
Portfolio by stage
Portfolio vintage
Companies by founded year
Fund details
Funds
Marathon Venture Capital Fund III
Vintage 2025 • $82.5
Marathon Venture Capital Fund II
Vintage 2022 • $77.0