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Marathon Venture Partners

Venture capital

Beijing · Seed–Series A · 16 people tracked

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Investment thesis

The firm invests at the early stage in China's digital healthcare sector, believing digital technology will drive a new wave of medical innovation. It focuses on three infrastructure pillars — efficient access, innovative payment, and efficiency improvement — to activate new healthcare demand, build multi-tiered lifecycle coverage, and improve the efficiency of high-quality medical supply. It sees opportunities emerging from China's aging population, high care costs, inefficient distribution channels, and ongoing regulatory reform, positioning China as potentially the world's largest market for digital health innovation.

Source: firm website, verified Sep 20, 2026.

Stage
Seed–Series A
HQ
Beijing, CN
Instruments
Equity
Founded
2016
AUM
$420M
Tracked investments
41

Team · 16 people

from the firm's website & public directories
Qiang Chen· General Partnerin
Ruirong Yang· General Partner

What they invest in

from 15 of 41 portfolio companies

Healthtech ×8Medical Devices ×7Digital Health ×6AI & Machine Learning ×4Biotech ×4Fintech ×4E-commerce ×3Data & Infrastructure ×2

HQs:China×9Brazil×1Mexico×1Singapore×1United States×1

Investments · 41 tracked

founders shown can be your intro path
Anchordxanchordx.com

AnchorDx develops, manufactures, and sells cancer early-screening and diagnostic products based on ctDNA methylation high-throughput sequencing, along with related testing services covering over 70% of high-incidence cancers such as lung, breast, digestive, and urinary cancers.

AI & Machine LearningBiotechDigital HealthHealthtechMedical DevicesGuangzhou, CN

范建兵(Founder)

Co-investorsOrbiMed6 Dimensions Capital

Crediblecredible.com𝕏

Credible operates an online marketplace where consumers compare prequalified rates for personal loans, student loan refinancing, private student loans, mortgages, mortgage refinancing, and insurance from multiple lenders and providers side-by-side without affecting their credit score.

FintechInsurTechMarketplacesSan Francisco, US

Stephen Dash(Executive Officer, Director)in

BoardDean Dorrell(Director)inSoulaimane Htite(Director)

Co-investorsRedbus VenturesCarthona CapitalDocuSignPear VC

Daoclouddaocloud.ioin𝕏

d.run is an AI operating system for AI data centers, providing compute scheduling, inference optimization, and operations management to increase compute utilization and inference performance.

AI & Machine LearningCloud ComputingData & InfrastructureSingapore, SG

Kay Yan(Founder)in

Co-investorsSky9 Capital

Estocaestoca.com.brinSeed · Dec 2022

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

Caio Almeida(Founder)inRodrigo Cava(Founder)inRodrigo Cava Pereira(Executive Officer, Director)

Co-investorsAstellaFJ LabsK50 VenturesMarathon VenturesY Combinator8VC+3 more

Grandomicsgrandomics.com

Grandomics develops third-generation sequencing services and precision genomic medicine solutions for medical diagnostics, plant and animal breeding, and species conservation.

AgTechAI & Machine LearningBiotechData & InfrastructureDigital HealthMedical DevicesBeijing, CN

汪德鹏(CEO and Head of Technology Services BU)王洋(Executive Vice President and Chief Sequencing Technology Officer)赵云龙(Chief Operating Officer)

Co-investorsMatrix Partners ChinaVitalbridge Capital

Hulian120hulian120.com

护士加 is a career-growth platform for nurses in China that pairs working nurses with expert mentors for one-on-one guidance on research papers, grant/project applications, and patents, helping them turn clinical experience into publishable results for promotions.

Digital HealthEdTechHealthtech

Meru.commeru.comin𝕏Seed

Meru operates an online marketplace connecting mechanics in Latin America with automotive aftermarket suppliers and parts dealers.

Enterprise SoftwareFintechMarketplacesMexico City, MX

Manuel Rodriguez Dao(Founder)inVirgile Fiszman(Founder)inFederico Moscato(Founder)inEduardo Mata(Founder)in

Co-investorsEmles Venture PartnersFJ LabsY Combinator0BSBold Capital PartnersBrand Capital+9 more

Nanos Medicalnanosmedical.com

Nanos Medical is a Chinese medical device company specializing in otorhinolaryngology and minimally invasive surgery equipment, offering diagnostic and surgical solutions for ENT and head-neck procedures.

HealthtechMedical DevicesShanghai, CN

Co-investorsF-Prime Capital

Realbiorealbio.cn

Realbio (锐翌生物) operates a human microbiome medical and gut microbiota health management business, offering a full-cycle service covering early detection, microbiota transplantation, and microbiome-based conditioning.

BiotechDigital HealthHealthtech

Nan Qinin

RiverPayriverpayment.com

RiverPay enables global merchants to accept payments from Chinese consumers and access Chinese marketing channels including WeChat and Alibaba payment integrations.

E-commerceFintechMarketing Tech

Co-investorsExtreme Venture PartnersExtreme Venture Partners LLPIMO Ventures

Singularmedicalsingularmedical.net

Singular Medical develops implantable cardiac devices and digital health solutions for arrhythmia and heart failure management, including pacemakers, defibrillators, and remote monitoring systems.

Advanced ManufacturingBiotechDigital HealthHealthtechMedical DevicesSuzhou, CN

Co-investorsQiming Venture PartnersNorthern Light Venture Capital

Soonsolidsoonsolid.com

Zhejiang Soon Solid Technology develops 3D printing solutions for dental practices, offering a suite of chairside digitalization tools including printers, materials, software, and AI design services.

AI & Machine LearningDigital HealthHardwareHealthtechMedical DevicesShaoxing, CN

Co-investorsG Vision CapitalZWC Partners

Vedengvedeng.com

Beidenmedical is a medical device supplier and distributor serving healthcare dealers and partners in China, operating a digital supply and services platform for medical equipment distribution.

B2B MarketplacesE-commerceHealthtechMedical DevicesSaaSNanjing, CN

Co-investorsAddor CapitalPuhua CapitalSinovation Ventures

We Medwe-med.com

Weimai (唯迈) develops medical imaging systems and clinical solutions for interventional procedures, including cardiovascular, neurointerventional, gastrointestinal, obstetric/gynecological (low-dose), and orthopedic imaging.

HardwareHealthtechMedical Devices

Co-investorsEFung Capital

Xinzitongxinzitong.com

薪资通 (Xinzitong) is a payroll and HR platform that handles attendance calculation, salary computation connected directly to China's tax authority systems, salary disbursement across 200+ cities, localized individual income tax filing, and encrypted pay slips.

FintechHR TechSaaS

数坤科技shukun.net

AI-powered medical imaging company.

Co-investors5Y CapitalQiming Venture Partners

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Au32BaozhunniuBratteaCihonDiggmeEjsinoFanmouyiliaoHofoncareIncareyIntellisuresJunipermdKnowlegeneMediTrust HealthNobleapexQijibioShendutvTotodiXinpibaoYidebYnnewcareYxvzbZhidezhenhe贝登医疗迅实科技镁信健康

Frequently asked questions

How many investments has Marathon Venture Partners made?
Marathon Venture Partners has 41 tracked investments.
What stage does Marathon Venture Partners invest at?
Marathon Venture Partners invests at the Seed, Series A stages.
What sectors does Marathon Venture Partners focus on?
Marathon Venture Partners focuses on AI & Machine Learning, Digital Health, Healthtech, InsurTech, Medical Devices.
Where is Marathon Venture Partners located?
Marathon Venture Partners is headquartered in Beijing, CN.
Who does Marathon Venture Partners co-invest with?
Marathon Venture Partners most often shares deals with F-Prime Capital, Qiming Venture Partners, B Capital Group, among 15 tracked co-investors.

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