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Home Business & Finance Greece’s Marathon Venture Capital completes first close for Fund II, reaching $47M...

Greece’s Marathon Venture Capital completes first close for Fund II, reaching $47M – TechCrunch

Document Analysis NLP IA

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Summary (IA Generated)

Marathon Venture Capital in Athens, Greece has completed the first closing of its second fund, reaching the €40m / $47M mark.

Marathon’s most prominent portfolio company is Netdata, which last year raised a $17 million Series A led by Bain Capital, and later raised another $14m from Bessemer.

Taxibeat was backed by an earlier fund previously created by Tziralis.

Partners George Tziralis and Panos Papadopoulos tell me the fund is focused generally on enterprise/B2B, plusGreek founders, anywhere”.

Tziralis tells me the majority of its next ten companies have already raised a Series A round.

Tziralis and Papadopoulos have been key players in the Greek startups scene, backing many of the first startups to emerge from the country over 13 years ago.

Fund I invested in 10 companies with the first fund, and most have raised a Series A.


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