Fund profile / Greece

Marathon Venture Capital Fund III

Geography: Greece
Stage: Pre-Seed
Fund size: €75M
Focus: AI/ML, Enterprise Software and SaaS
Signals: Published

N°01 / About

About Marathon Venture Capital Fund III

Marathon Venture Capital Fund III is a venture capital firm based in Greece, focusing on Pre-Seed stage investments. The fund actively supports founders building innovative solutions in AI/ML, Enterprise Software, SaaS, providing strategic guidance and capital to help startups scale.

N°02 / Thesis

Investment Focus

Location / RegionGreece

Funding StagePre-Seed

Industry Focus

AI/ML

Enterprise Software

SaaS

Investor Signals Profile

active

Sweet Spot

Pre-seed/seed AI infra founder, Greek roots or EU-based preferred

AI/ML infrastructure

AI governance + SRE

seed-stage

Greek ecosystem

enterprise + biotech

Bullish Signals

Pitchbook Top 10 Europe 2025 rankingwebsite

NoFire AI: AI SRE for generated codewebsite

Straion: governance layer AI-driven softwarewebsite

Pallma AI $1.6m: AI agent security platformwebsite

Full legal docs + compensation report publicwebsite

Active events Sep 2026: SF, London, Athenswebsite

Dual term sheets: US + Greecewebsite

Contrarian Signals

Heavy Greek ecosystem tilt — limits deal flowexternal

Seed-only focus — no Series A follow-onexternal

Founder Do's

Lead with strong vision

Target enterprise customers

Build AI-native solutions

Engage Greek tech community

Request transparency upfront

Founder Don'ts

Don't skip cap table prep

Don't ignore Greek ecosystem angle

Don't approach post-seed

19 signals on Marathon Venture Capital Fund III

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Facts

Fund Overview

Fund Size€75M

Saves0

Website

People

Key People

George Tziralis, Anos Apadopoulos, Alex Alexakis

Panos PapadopoulosPartner

Alex AlexakisPartner

N°04 / See also

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