Marathon Venture Capital

Marathon Venture Capital is an early-stage venture capital fund on a mission to help the most ambitious Greek founders build world-class technology companies. Marathon caters to those who are willing to go after the seemingly impossible. Those who persevere in the face of adversity. The ones who will ultimately get to redefine entire industries. Marathon's team has built communities and companies from the ground up, and loves to collaborate with like-minded people taking on big challenges. Marathon partners’ track record includes Bugsense, Taxibeat, Workable and Resin.io, among others. Marathon is leading seed rounds (typically with €500k-1m for 15-20% of equity) and judges its performance on the basis of top investors joining to follow up. Marathon stands for limitless ambition, uncompromising integrity, radical openness and giving back to the community. Marathon is a long-term venture that is just getting started.

Chris Gasteratos

Associate

Thaleia Misailidou

Principal

Panos Papadopoulos

Partner

46 past transactions

Lenses.io

Seed Round in 2017
Landoop Limited develops a streaming data management platform for Apache Kafka. It provides streaming solutions that streamlines data pipelines, connects with external systems, and manages the data cluster. The company offers Lenses platform for streaming; Lenses SQL engine for analyzing and browsing data and streaming pipelines; connectors for low-latency systems for Kafka source; and Fast Data for CDH to manage Kafka services via Cloudera Manager. It also offers architectural and advisory services. The company was founded in 2016 and is headquartered in Brighton, United Kingdom with locations in Amsterdam, the Netherlands and Athens, Greece.

Netdata

Seed Round in 2018
Netdata is an open-source, distributed, real-time, performance, and health monitoring for systems and applications to help IT teams. The free, open-source Netdata Agent gives teams comprehensive, real-time visibility into the full technology stack, yet is easy to install with no configuration necessary and no limits on scalability. It was founded in 2018 and headquartered in San Francisco, California.

norbloc

Convertible Note in 2019
norbloc AB develops Fides, know-your-customer blockchain platform and application for the banking and consulting industry. Its technology results in no more paper, reduced duplication, automatic screenings, data driven insights, and secure data management. The company was founded in 2016 and is based in Stockholm, Sweden with a development hub in Athens, Greece.

norbloc

Seed Round in 2017
norbloc AB develops Fides, know-your-customer blockchain platform and application for the banking and consulting industry. Its technology results in no more paper, reduced duplication, automatic screenings, data driven insights, and secure data management. The company was founded in 2016 and is based in Stockholm, Sweden with a development hub in Athens, Greece.

Causaly

Series A in 2021
Causaly is an AI for Biomedical Cause & Effect discovery, empowering researchers and decision makers to quickly find causal evidence and generate insights from vast amounts of documents. The company is developing a machine-reading platform that turns free-flow text into causal knowledge graphs and applies machine learning to surface new knowledge. This helps users to accelerate their research schedules and improve time-to-insight significantly.

Cube RM

Seed Round in 2018
Cube RM empowers enterprises to accelerate revenue growth and be more productive in the process by offering a Revenue Management & Optimization SaaS Suite including an intuitive CPQ (Configure Price Quote) system and integrated price guidance through sophisticated machine learning models and software automation, which helps companies to efficiently manage sales quotes, create and evaluate tender proposals, and identify optimum pricing.

Hack The Box

Funding Round in 2020
Hack The Box Ltd. operates an online platform to test and advance skills in penetration testing and cyber security for companies, individuals, and universities. The company was founded in 2017 and is based in Folkestone, United Kingdom.

Centaur Analytics

Seed Round in 2018
Centaur Analytics, Inc. provides wireless sensors to track, monitor, and instantly adjust the conditions in which the food is stored. The company also offers cognitive services platform for monitoring and protecting post-harvest product quality. It serves the food industry. The company was incorporated in 2016 and is based in Ventura, California.

InAccel

Seed Round in 2018
InAccel, Inc. provides performance accelerator for applications based on novel field programmable gate arrays engines as Internet protocol blocks. The company offers hardware accelerators such as logistic regression, k-means clustering, and recommendation engines; and financial applications for risk valuation, which includes black & scholes, black77, and binomial. The company was founded in 2018 and is based in Wilmington, Delaware.

Lambda Automata

Seed Round in 2022
Lambda Automata is a seed-stage company developing autonomous technology to tackle problems with national security in the EU and its allies. They infuse the EU military industry with the vibrant and dynamic culture of VC-funded startups. creating the framework for future platforms for civil defense and protection.

Hack The Box

Series A in 2021
Hack The Box Ltd. operates an online platform to test and advance skills in penetration testing and cyber security for companies, individuals, and universities. The company was founded in 2017 and is based in Folkestone, United Kingdom.

Netdata

Private Placement in 2019
Netdata is an open-source, distributed, real-time, performance, and health monitoring for systems and applications to help IT teams. The free, open-source Netdata Agent gives teams comprehensive, real-time visibility into the full technology stack, yet is easy to install with no configuration necessary and no limits on scalability. It was founded in 2018 and headquartered in San Francisco, California.

Lenses.io

Series A in 2019
Landoop Limited develops a streaming data management platform for Apache Kafka. It provides streaming solutions that streamlines data pipelines, connects with external systems, and manages the data cluster. The company offers Lenses platform for streaming; Lenses SQL engine for analyzing and browsing data and streaming pipelines; connectors for low-latency systems for Kafka source; and Fast Data for CDH to manage Kafka services via Cloudera Manager. It also offers architectural and advisory services. The company was founded in 2016 and is headquartered in Brighton, United Kingdom with locations in Amsterdam, the Netherlands and Athens, Greece.

Augmenta

Seed Round in 2019
Augmenta started its operations at the start of 2017, in Athens, Greece, by George Varvarelis and Dimitris Evangelopoulos, both farmers and embedded systems engineers and offers an Artificial Intelligence based solution comprised of a hardware device and a web platform, to any farmer, anywhere in the world that wants to have the best possible efficiency for every inch of his land and ultimately increase his seasonal net income. Augmenta’s “Field Analyzer”, is a plug and play device that can be attached to any tractor and can determine the amount of fertilizers, fungicides and pesticides that every inch of the farm needs to reach to its full potential, all in real-time. Furthermore, Field Analyzer is capable of controlling agricultural machinery (e.g. fertilizer spreaders) also in real-time, applying the optimal amount of chemicals into every inch of the farm completely automatically and without the farmer lifting a finger. Finally, the farmer can use Augmenta’s field-viewer, the company’s easy to use web platform, to observe the progression of his field through visual data analytics which help him keep track of the results of Augmenta’s real time operation but also assist him on making data-driven, customized decisions for the future, in a farm level scale and not in a generic geographical (county or even state/country) level scale which is the norm today. Augmenta has completed successfully 2 years of pilots, in 24 fields having staggering results and is currently conducting data-based pilots with food companies like Barilla and partnered with NVIDIA for the development of its cutting edge deep learning device.
Global Positioning Augmentation Service Corporation offers global satellite positioning services utilizing a orbit and clock analysis tool. The company was founded in 2017 and is based in Tokyo, Japan.

Causaly

Series A in 2019
Causaly is an AI for Biomedical Cause & Effect discovery, empowering researchers and decision makers to quickly find causal evidence and generate insights from vast amounts of documents. The company is developing a machine-reading platform that turns free-flow text into causal knowledge graphs and applies machine learning to surface new knowledge. This helps users to accelerate their research schedules and improve time-to-insight significantly.

Causaly

Private Placement in 2019
Causaly is an AI for Biomedical Cause & Effect discovery, empowering researchers and decision makers to quickly find causal evidence and generate insights from vast amounts of documents. The company is developing a machine-reading platform that turns free-flow text into causal knowledge graphs and applies machine learning to surface new knowledge. This helps users to accelerate their research schedules and improve time-to-insight significantly.

Hack The Box

Seed Round in 2019
Hack The Box Ltd. operates an online platform to test and advance skills in penetration testing and cyber security for companies, individuals, and universities. The company was founded in 2017 and is based in Folkestone, United Kingdom.

Netdata

Series A in 2019
Netdata is an open-source, distributed, real-time, performance, and health monitoring for systems and applications to help IT teams. The free, open-source Netdata Agent gives teams comprehensive, real-time visibility into the full technology stack, yet is easy to install with no configuration necessary and no limits on scalability. It was founded in 2018 and headquartered in San Francisco, California.

Bota Systems

Seed Round in 2023
Bota Systems AG develops and manufactures sensors for use in robotic arms, exosceletons, prosthetic devices, and surgery platforms. Its products include Rokubi force torque sensor; SensONE force torque sensor for collaborative robots; R Series force torque sensors for tight integration in new robots; and customized multi-axial force torque sensors. The company was incorporated in 2020 and is based in Zurich, Switzerland.

Causaly

Series B in 2023
Causaly is an AI for Biomedical Cause & Effect discovery, empowering researchers and decision makers to quickly find causal evidence and generate insights from vast amounts of documents. The company is developing a machine-reading platform that turns free-flow text into causal knowledge graphs and applies machine learning to surface new knowledge. This helps users to accelerate their research schedules and improve time-to-insight significantly.

Ariadne

Series A in 2023
Ariadne Maps is a high technology company that provides detailed customer analytics with its cutting edge artificial intelligence approach. Ariadne enables indoor and outdoor localization and tracking in publicly accessible areas such as train stations, malls as well as shops and airports. They make use of advanced artificial intelligence algorithms for precise and anonymous tracking of passengers and customers to help businesses to optimize their infrastructure for minimizing congestion hence dwell time, advertising and marketing while maximizing satisfaction and experience of consumers.

Hack The Box

Series B in 2023
Hack The Box Ltd. operates an online platform to test and advance skills in penetration testing and cyber security for companies, individuals, and universities. The company was founded in 2017 and is based in Folkestone, United Kingdom.

Lenses.io Ltd

Private Placement in 2019
Lenses.io Ltd provides data operations platform for visibility and confidence in real time data projects, promoting inter-company data collaboration. The products of Lenses.io Ltd streamline data pipelines over Kubernetes, connect Apache Kafka with external systems and manage the cluster of data. Lenses.io Ltd was founded in 2016 and is headquartered in London, United Kingdom.

Avrio

Pre Seed Round in 2021
Collaborative Research Platform

Centaur Analytics

Private Placement in 2018
Centaur Analytics, Inc. provides wireless sensors to track, monitor, and instantly adjust the conditions in which the food is stored. The company also offers cognitive services platform for monitoring and protecting post-harvest product quality. It serves the food industry. The company was incorporated in 2016 and is based in Ventura, California.

Causaly

Seed Round in 2018
Causaly is an AI for Biomedical Cause & Effect discovery, empowering researchers and decision makers to quickly find causal evidence and generate insights from vast amounts of documents. The company is developing a machine-reading platform that turns free-flow text into causal knowledge graphs and applies machine learning to surface new knowledge. This helps users to accelerate their research schedules and improve time-to-insight significantly.

Cube RM

Series A in 2021
Cube RM empowers enterprises to accelerate revenue growth and be more productive in the process by offering a Revenue Management & Optimization SaaS Suite including an intuitive CPQ (Configure Price Quote) system and integrated price guidance through sophisticated machine learning models and software automation, which helps companies to efficiently manage sales quotes, create and evaluate tender proposals, and identify optimum pricing.

LearnWorlds

Private Placement in 2019
LearnWorlds Ltd, provide a platform to create, sell, and market online courses and also provide online training for corporates. The company provides cloud-based e-learning platform offers Professionals, Entrepreneurs & Training Managers a solution tailored to their specific needs and a team of experts to help achieve your goals. LearnWorlds Ltd, was founded in 2014 and is based in London, United Kingdom.

Ariadne

Seed Round in 2021
Ariadne Maps is a high technology company that provides detailed customer analytics with its cutting edge artificial intelligence approach. Ariadne enables indoor and outdoor localization and tracking in publicly accessible areas such as train stations, malls as well as shops and airports. They make use of advanced artificial intelligence algorithms for precise and anonymous tracking of passengers and customers to help businesses to optimize their infrastructure for minimizing congestion hence dwell time, advertising and marketing while maximizing satisfaction and experience of consumers.

Augmenta

Series A in 2021
Augmenta started its operations at the start of 2017, in Athens, Greece, by George Varvarelis and Dimitris Evangelopoulos, both farmers and embedded systems engineers and offers an Artificial Intelligence based solution comprised of a hardware device and a web platform, to any farmer, anywhere in the world that wants to have the best possible efficiency for every inch of his land and ultimately increase his seasonal net income. Augmenta’s “Field Analyzer”, is a plug and play device that can be attached to any tractor and can determine the amount of fertilizers, fungicides and pesticides that every inch of the farm needs to reach to its full potential, all in real-time. Furthermore, Field Analyzer is capable of controlling agricultural machinery (e.g. fertilizer spreaders) also in real-time, applying the optimal amount of chemicals into every inch of the farm completely automatically and without the farmer lifting a finger. Finally, the farmer can use Augmenta’s field-viewer, the company’s easy to use web platform, to observe the progression of his field through visual data analytics which help him keep track of the results of Augmenta’s real time operation but also assist him on making data-driven, customized decisions for the future, in a farm level scale and not in a generic geographical (county or even state/country) level scale which is the norm today. Augmenta has completed successfully 2 years of pilots, in 24 fields having staggering results and is currently conducting data-based pilots with food companies like Barilla and partnered with NVIDIA for the development of its cutting edge deep learning device.

Netdata

Seed Round in 2019
Netdata is an open-source, distributed, real-time, performance, and health monitoring for systems and applications to help IT teams. The free, open-source Netdata Agent gives teams comprehensive, real-time visibility into the full technology stack, yet is easy to install with no configuration necessary and no limits on scalability. It was founded in 2018 and headquartered in San Francisco, California.

Netdata

Private Placement in 2019
Netdata is an open-source, distributed, real-time, performance, and health monitoring for systems and applications to help IT teams. The free, open-source Netdata Agent gives teams comprehensive, real-time visibility into the full technology stack, yet is easy to install with no configuration necessary and no limits on scalability. It was founded in 2018 and headquartered in San Francisco, California.

LearnWorlds

Seed Round in 2019
LearnWorlds Ltd, provide a platform to create, sell, and market online courses and also provide online training for corporates. The company provides cloud-based e-learning platform offers Professionals, Entrepreneurs & Training Managers a solution tailored to their specific needs and a team of experts to help achieve your goals. LearnWorlds Ltd, was founded in 2014 and is based in London, United Kingdom.

Hack The Box

Private Placement in 2019
Hack The Box Ltd. operates an online platform to test and advance skills in penetration testing and cyber security for companies, individuals, and universities. The company was founded in 2017 and is based in Folkestone, United Kingdom.

Cube Revenue Management

Private Placement in 2018
Cube Revenue Management develops software solutions for revenue management with integrated price predictive analytics that enables companies to identify optimum pricing, efficiently manage quotes, and tenders. The software enables users to strategic pricing, deploy pricing strategy, empower the sales force, predictive price analytics, predictive customer scoring, predictive business scoring, optimize performance, and monitor and control sales strategy. The company was founded in 2017 and is headquartered in Athens, Greece.

Augmenta

Seed Round in 2018
Augmenta started its operations at the start of 2017, in Athens, Greece, by George Varvarelis and Dimitris Evangelopoulos, both farmers and embedded systems engineers and offers an Artificial Intelligence based solution comprised of a hardware device and a web platform, to any farmer, anywhere in the world that wants to have the best possible efficiency for every inch of his land and ultimately increase his seasonal net income. Augmenta’s “Field Analyzer”, is a plug and play device that can be attached to any tractor and can determine the amount of fertilizers, fungicides and pesticides that every inch of the farm needs to reach to its full potential, all in real-time. Furthermore, Field Analyzer is capable of controlling agricultural machinery (e.g. fertilizer spreaders) also in real-time, applying the optimal amount of chemicals into every inch of the farm completely automatically and without the farmer lifting a finger. Finally, the farmer can use Augmenta’s field-viewer, the company’s easy to use web platform, to observe the progression of his field through visual data analytics which help him keep track of the results of Augmenta’s real time operation but also assist him on making data-driven, customized decisions for the future, in a farm level scale and not in a generic geographical (county or even state/country) level scale which is the norm today. Augmenta has completed successfully 2 years of pilots, in 24 fields having staggering results and is currently conducting data-based pilots with food companies like Barilla and partnered with NVIDIA for the development of its cutting edge deep learning device.

InAccel

Private Placement in 2018
InAccel, Inc. provides performance accelerator for applications based on novel field programmable gate arrays engines as Internet protocol blocks. The company offers hardware accelerators such as logistic regression, k-means clustering, and recommendation engines; and financial applications for risk valuation, which includes black & scholes, black77, and binomial. The company was founded in 2018 and is based in Wilmington, Delaware.

Lambda Automata

Seed Round in 2023
Lambda Automata is a seed-stage company developing autonomous technology to tackle problems with national security in the EU and its allies. They infuse the EU military industry with the vibrant and dynamic culture of VC-funded startups. creating the framework for future platforms for civil defense and protection.

Connectly

Seed Round in 2022
Connectly.ai is a conversational commerce company focused on simplifying how small and medium-sized businesses harness their customer messages - across WhatsApp, SMS, Facebook and Instagram Messenger - to transform connections into revenue. Our WhatsApp business solution drives sales for message-first SMBs by running all stages of the customer support and marketing funnel, enabling campaign activation and retargeting, and removing the friction from message-driven sales by treating customers like people, not tickets.