Amid Greek tech boom, a prominent seed-stage firm locks down €75 million

Marathon Venture Capital, a venture firm in Athens that prides itself on being “day one partners to Greek tech partners,” just closed its newest fund with €75 million in capital commitments, according to partner Panos Papadopoulos. The vehicle brings the firm’s total assets under management to €175 million — a meaningful amount for an eight-year-old, seed-stage investor in Greece and a reflection, too, of some sizable exits. Among them was the sale last year of Marathon’s portfolio company Augmenta to CNH, a maker of farm machinery and construction equipment in a cash deal that valued Augmenta at $110 million. Marathon also sold some of its shares in Hack the Box, a cybersecurity upskilling and talent assessment platform, to the investment firm Carlyle in a secondary transaction. We chatted with Papadopoulos ahead of an in-person sit-down with him as part of TechCrunch’s first StrictlyVC evening in Athens on Thursday, May 8, a night that will also include a deep dive with Greece’s pr ... Read full article.