Marathon Venture Capital — Full Portfolio

Progressive Robotics develops intelligent, modular robotic palletizing and material handling systems that integrate with major automation ecosystems.

Advanced ManufacturingAI & Machine LearningDeep TechLogistics & Supply ChainRoboticsThessaloniki, GR

MKMarios Kiatos(Founder)inFDFotis Dimeas(Founder)inZoe Doulgeri(Founder)

Co-investorsGEGenesis Ventures

Velos Rotors designs and manufactures electric, heavy-lift UAV helicopters for cargo logistics, infrastructure inspection, surveying, and search-and-rescue operations across energy, industrial, maritime, and defense sectors.

Defense TechHardwareRoboticsWilmington, US

Jouko Salo(Chief Strategy Officer)Tasso Argyros(Director)Aris Kolokythas(Director)Michael Seal(Executive Officer, Director)

Board seatGTGeorge Tziralis· per SEC Form D

Co-investorsVEVelar Capital

Dimitris Evangelopoulos(Founder)George Varvarelis(Founder)

Co-investorsHCHCVCFEFerguson Ventures

Augmenta develops software that uses computational design and AI to automate building design, targeting the construction and engineering industry.

AI & Machine LearningConstruction TechDeep TechSaaS

FIFrancesco Iorio(Founder)in

Co-investorsFEFerguson VenturesHAHazelview VenturesPRPrelude VenturesSUSuffolk TechnologiesA1A16Z SpeedrunECEclipse+2 more

BACU offers balanced prepared meals inspired by world cuisine, sold to consumers alongside a line of ceremonial-grade matcha drinks.

ConsumerDirect to ConsumerFoodTechBogotá, CO

Juan Osuna(Founder)ACAndrew Clarkson(Founder)inStephanie Gómez Cardoso(Founder)in

Co-investorsLALatin LeapMAMarathon VenturesBEBenchstrength PartnersH2H20 CapitalHOHOF CapitalHTHTwenty+3 more

Bota Systems develops force and torque sensing solutions for robotic systems, enabling robots to safely interact with the physical world through tactile feedback.

Advanced ManufacturingAI & Machine LearningHardwareRoboticsZurich, CH

KLKlajd LikainIPIlias PatsiaourasinMHMarco Hutterin

Co-investorsKIKickstart Innovation

Causaly builds an agentic AI platform for life sciences R&D that retrieves and reasons over scientific evidence, using a scientific knowledge graph and specialized AI agents to support target identification, indication discovery, and regulatory evidence validation.

AI & Machine LearningBiotechHealthtechLondon

YKYiannis Kiachopoulos(Founder)inArtur Saudabayev(Founder)Joannis Kiahopoulos(Executive Officer, Director)Yiannis Kiachopoulos Artur Saudabayev(Founder)

BoardMarc Moens(Director)inGeorgios Tziralis(Director)

Co-investorsEBEBRD Venture Capital Investment ProgrammeEMEmerge EducationICICONIQINIndex VenturesPEPentech VenturesSNSNÖ Ventures+5 more

Centaur provides intelligent pest management and supply chain optimization solutions for agricultural operations including farms and grain elevators.

AgTechAI & Machine LearningLogistics & Supply Chain

Cobre operates a payments platform for businesses in Latin America, offering local instant payments in Colombia and Mexico, cross-border payments, bank account aggregation, and stablecoin on-ramp/off-ramp and payouts over its own infrastructure.

Crypto & Web3Enterprise SoftwareFintechBogotá, CO

Felipe Gedeon(Founder)inJVJose V. Gedeon(Cofundador y CEO)inACAlberto Chejne(Founder)inJose Donato(Cofundador y CTO)inDaniela Espinosa(Founder)Jose Vieira(Founder)

Co-investorsKAKaszek VenturesMAMarathon VenturesOAOak HC/FTQEQED InvestorsCACanary

Connectly builds an AI platform that lets retailers deploy AI agents to handle the full customer lifecycle—support, marketing, loyalty, and post-sales—across messaging (including WhatsApp), voice, and utilities.

AI & Machine LearningMarketing TechSales TechSan Francisco, US

Stefanos Loukakos(Founder)inYandong Liu(Founder)

Co-investorsDADarkmode VenturesITItalian Angels for GrowthUNUnusual VenturesCACanaryGLGlobal Founders Capital

Cube RM provides an AI-based tender management system specialized for Life Sciences organizations, using natural language processing and machine learning to help discover opportunities and optimize pricing and proposal evaluation.

AI & Machine LearningEnterprise SoftwareHealthtechSaaS

Co-investorsRURuna Capital

DataForm Lab builds software for design and manufacturing automation in offsite construction, integrating design workflows with robotic manufacturing.

Advanced ManufacturingConstruction TechRobotics

Delian develops Osiris, an alternative navigation system for UAVs that emulates GNSS and provides a jam- and spoof-resistant navigation feed to MAVLink-capable flight controllers.

Deep TechDefense TechHardwareAthens, GR

Dimitrios Kottas(Founder)

Co-investorsAIAir Street CapitalENEntropy Industrial CapitalHCHCVC

This is the personal website of an individual venture capital investor, featuring his portfolio, essays, and newsletter.

Dimitrios Kottas(Founder)

RemotePass is a global payroll, hiring, and spend platform that enables companies to manage compensation and workforce operations across borders.

Future of WorkHR TechSaaSSector AgnosticLondon, GB

BoardELErvin Luga(Head of Venture Capital Investments)inYGYalcin Gungoren(Senior member, Venture Capital team)inAZAziza Zakhidova(Senior member, Venture Capital team)inBruno Lusic(Senior member, Venture Capital team)ACAmine Chabane(Principal, Venture Capital team)in

Co-investorsEBEBRD

Estoca provides software and logistics services that help D2C e-commerce brands in Latin America manage warehousing, fulfillment, and delivery operations more efficiently.

E-commerceEnterprise SoftwareLogistics & Supply ChainSão Paulo, BR

CACaio Almeida(Founder)inRCRodrigo Cava(Founder)inRodrigo Cava Pereira(Executive Officer, Director)

Co-investorsASAstellaFJFJ LabsK5K50 VenturesMAMarathon VenturesY Y Combinator8V8VC+3 more

Finster AI builds AI agents and tools for institutional financial professionals, running multi-step research workflows, monitoring developments, and generating cited analysis and presentation-ready outputs.

AI & Machine LearningEnterprise SoftwareFintechSaaSNew York, US

SJSiddhant Jayakumar(Founder)in

BoardPDPayton Dobbs(Director)in

Co-investorsFIFinTech CollectiveHOHoxton VenturesPEPeak XV PartnersSUSurge

ConsumerDirect to ConsumerE-commerceSan Francisco, US

RJRadha Jain(Founder)inGPGenevieve Payzer(Founder)in

Co-investorsBRBridge LatamY Y CombinatorCACanary

Hack The Box provides hands-on training and simulation platforms for cybersecurity blue teams, including labs, courses, and incident response exercises designed to develop skills in SOC operations, digital forensics, and threat hunting.

AI & Machine LearningCybersecurityDeveloper ToolsEdTechEnterprise Software

Co-investorsBRBrighteye VenturesOUOUP (Osage University Partners)PAPaladin Capital Group

Hack VC is a venture capital firm that invests in early-stage web3, crypto, and AI startups, with focus areas including decentralized infrastructure, DeFi, privacy-preserving technologies, and cryptography.

AI & Machine LearningCrypto & Web3Fintech

Alex(Co-founder & Managing Partner)Ed(Co-founder & Special Advisor)

Co-investorsCICircle VenturesEVEvolution VC PartnersNINimble PartnersSESerafundUNUncorrelated VenturesWEWeb3com Ventures+4 more

ICONIQ Capital's investment management arm builds investment portfolios for influential families and mission-driven institutions, aiming to compound returns from diverse sources by leveraging its community and capital network.

FintechSector Agnostic

SRSruthi Ramaswamiin

Co-investorsDODopamine VenturesICICONIQLELeonis Capital

Wilmington, US

Ilias Koromilas(Director)Christoforos Kachris(Executive Officer, Director)Ioannis Stamelos(Director)

BoardPanagiotis Papadopoulos(Director)

NewCore is a security-focused identity platform built from the ground up to support humans, machines, and AI agents under a unified architecture.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaSLondon, GB

JSJoon Sung ParkChrisSamZAZohar Alon(CEO and Founder)inAmihaiErez

Co-investorsCYCyberstartsEVEvolution Equity PartnersJAJazzya Investments

Kalto was a Mexico City B2B fintech for Latin American SMBs—bill pay, collections, budgets, and working-capital credit.

Mexico City, MX

DPDan Pinchasi(Founder)inJLJoel Liurner(Co-Founder & CPO)in

Co-investorsKAKaszek VenturesMAMarathon VenturesPIPICUS CAPITALQEQED InvestorsLALatitud Ventures

Infrastructure platform removing roadblocks for Latin American founders building world-class technology companies.

Co-investorsFJFJ LabsGAGaingelsMAMarathon VenturesMYMyelin VCACActyusDIDivergent Capital+1 more

LearnWorlds is a cloud-based enterprise learning management system (LMS) for training employees, customers, and partners, with SCORM support, interactive authoring, assessments, certifications, white-label branded academies, and ecommerce for selling courses.

AI & Machine LearningCreator EconomyEdTechHR TechSaaSLimassol, CY

PSPanos Siozos(CEO & Co-Founder)inGPGeorge Palaigeorgiou(CPO & Co-Founder)inFDFanis Despotakis(CTO & Co-Founder)in

Co-investorsINInsight Partners

Lenses builds software that simplifies management and access to streaming data across hybrid infrastructure, enabling development teams to work independently without central bottlenecks.

AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise Software

ASAndrew Stevenson(CTO)inGAGuillaume Aymé(CEO)inAntonios Chalkiopoulos(Founder)Christina Daskalaki(Founder)

Co-investors8383North

Eduardo Mata Mitzunaga(Founder)FMFederico Moscato(Founder)inMRManuel Rodriguez Dao(Founder)inVFVirgile Fiszman(Founder)in

Co-investorsSOSoma CapitalGOGood News Ventures

Nara provides AI agents that handle customer inquiries and sales interactions on websites and social media for small and medium-sized businesses, offering product recommendations and round-the-clock availability.

AI & Machine LearningEnterprise SoftwareSan Francisco, US

ACAngela Castillo(Founder)inFAFelipe Abello(Founder)inOROscar Rojas(Founder)inMiguel Otero(Head of People)

Co-investorsMAMarathon VenturesY Y CombinatorBBBBG VenturesFIFirst Close PartnersFOForum VenturesMAMagma Partners+1 more

Netdata builds monitoring and observability software designed to simplify operational visibility for engineers and system operators.

Cloud ComputingData & InfrastructureDeveloper Tools

CTCosta Tsaousisin

Co-investorsBABain Capital VenturesBEBessemer Venture PartnersCOCota CapitalUNUncorrelated VenturesBABain CapitalMAMarathon Ventures

Netdata provides zero-config, full-stack infrastructure observability with per-second metrics collected and stored at the edge, plus an AI assistant that investigates incidents and explains root causes in plain language.

AI & Machine LearningData & InfrastructureDeveloper Tools

Costa Tsaousis(Founder)

Co-investorsBEBessemer Venture Partners

NOFire connects a company's production stack into a live, time-versioned graph of services, dependencies, ownership, and change history, scoring changes and gating AI agent actions at runtime to prevent incidents.

AI & Machine LearningCloud ComputingDeveloper ToolsDover, US

ACAntonios Chalkiopoulos(Founder)in

Pallma provides a framework-agnostic layer for reaching AI agents across interfaces such as LLM APIs, email clients, voice stacks, and custom endpoints.

AI & Machine LearningData & InfrastructureDeveloper ToolsLondon, GB

Dionysis Varelas(Founder)in

Bogotá B2B marketplace that connected Latin American micro-retailers with Asian manufacturers, starting with electronics and aiming to cut importer markups and logistics friction.

Bogotá, CO

Marcos Esterli(Co-Founder)RXRio Xin(Co-Founder & Co-CEO)in

Co-investorsACAcequia Capital (AceCap)CLClocktower VenturesGAGaingelsPAPartech VenturesPIPICUS CAPITALBABalderton Capital

A venture capital firm that assists founders in scaling startups into internationally successful companies, partnering with leading VCs, corporations, and investment banks.

Sector Agnostic

Co-investorsENEnterprise Capital FundsASAscension Ventures

PolyModelsHub builds digital twins, mechanistic models, and AI-powered software workflows for biopharma R&D, development, and manufacturing.

Advanced ManufacturingAI & Machine LearningBiotechEnterprise SoftwareSaaSLondon, GB

ABAntonio Benedetti(Chief Executive Officer)inHCHarry Christodoulou(Chief Scientific Officer)inAYAntonio Yankey(Chief Technology Officer)in

Co-investorsMOMolten Ventures

Prima provides structural steel services covering the full Division 5 scope, including engineering, detailing, fabrication, delivery, and erection support for industrial infrastructure.

Advanced ManufacturingConstruction TechMexico City, MX

PSPatricio Servitje(Founder)inDADaniel Autrique(Founder)inJPJuan Pablo Ramos(Founder)inGeorge Ottathycal(Founder)

Co-investorsACAcrew CapitalK5K50 VenturesMAMarathon VenturesNANazcaNXNXTPPIPICUS CAPITAL+6 more

Aware is a real-time reporting and data visualization software for utilities that monitors grid operations, tracks renewable energy and CO2 emissions, and generates automated reports with configurable alerts.

AI & Machine LearningCleantechCloud ComputingData & InfrastructureEnergyEnterprise SoftwareSaaS

AnastasiosDimitrios

Summit provides an accounts payable and expense management platform that consolidates and automates expense tracking across email, spreadsheets, and accounting platforms for finance teams.

Enterprise SoftwareFintechSaaSSingapore, SG

MKMohandass Kalaichelvan(Founder)inIAIsaq Ahmed Mukthar(Founder)inAlbert Lie(Vice President Engineering)Andika Prasetya(Head of Product)Adrian Spenmo(Vice President Engineering)Hans Ivander(Chief of Staff)

Co-investorsINInsight PartnersITITERATIVELOLocus VenturesOPOperator StackRORocket Internet SESISilicon Ventures+25 more

Straion is a system for engineering teams that centralizes architecture rules, security policies, and coding standards and automatically delivers the relevant ones to developers' AI coding agents, validating proposed task plans against them before code is written.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareLinz, AT

KFKatrin Freihofner(CPO)inLHLukas Holzer(CEO)inFFFabian Friedl(CTO)in

Domun is an e-commerce platform that enables merchants to create, manage, and automate online stores from a mobile interface.

E-commerceMarketing TechSaaSBogotá, CO

Joaquín Serrano(Founder)Oscar Arellano(Founder)inYerson Cacua(Founder)

Co-investorsALAlter GlobalCLClocktower VenturesMAMarathon VenturesOPOpera VenturesSTStreamlined Ventures

An online marketplace offering a wide range of products including packaging materials, industrial safety equipment, home and kitchen supplies, tools, electrical systems, hardware, paint, automotive parts, and other industrial and consumer goods.

B2B MarketplacesE-commerceMarketplacesBogota D.C., CO

EVEnrique Villamarin Lafaurie(Founder)inJuan Carlos Narvaez(Executive Officer, Director)Enrique Villamarin(Executive Officer, Director)EREric Reiner(Director)inFelipe Villamarin(Director)Nicolas Villegas(Founder)

Co-investors8V8VCALAlleyCorpAVAvenir Growth CapitalCACapria VenturesCOCoatue ManagementFOFoundamental+27 more

Vestfin designs defined-outcome investment products that use derivatives to target specified growth caps, protection buffers, and income levels for portfolios.

FintechMcLean, US

KSKaran Sood(CEO)inJCJeff Chang(President)inBill KungDaniel Roos(CEO)

Co-investorsY Y CombinatorFIFirst Round Capital

Welbe is a corporate health platform that integrates a national medical network, telemedicine, an app, and a data portal to help companies manage employee health as a measurable preventive strategy.

Digital HealthHealthtechHR Tech

Co-investorsHTHTwentyIKIKJ CapitalMAMarathon VenturesNANazcaPAParceiro VenturesBRBridge Latam+5 more

Wonder Brands develops and sells essential household consumer products across Latin America, using an online-first omnichannel model with in-house design, sourcing, and supply chain control.

ConsumerDirect to ConsumerE-commerce

MCMatias Casoy(Founder)inFederico Malek(Founder)inNicolás Gonzalez Luna(Founder)in

Co-investorsBEBeta VenturesFLFlucas VenturesHIHi VenturesKUKube VCMAMarathon VenturesNANazca+7 more