Marathon Venture Partners, an Athens-based venture firm, has raised â¬75 million, increasing its total assets under management to â¬175 million. This is notable for Greece's venture landscape, which traditionally lags behind other European countries. Recent successful exits, such as the â¬110 million sale of Augmenta, demonstrate potential in the Greek market. Partner Panos Papadopoulos emphasizes a focus on difficult, impactful sectors, capturing trending fields such as AI, robotics, and defense. The firm aims to back founders who possess unique expertise in regulated or overlooked industries during a challenging global fundraising environment.
"Marathon is backing founders who tackle challenging, impactful markets, requiring unique expertise or insight into overlooked industries like power grid management."
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