Why You Don’t Want SoftBank in Your Seed Round

Originally posted on Marathon. We frequently encounter the following train of thought by founders: “I’m raising a seed round of one million. I haven’t found my lead investor yet, but we are close to having {Sequoia} to join the round with a small amount, say, a hundred thousand or even half of it. I don’t …

Marathon Completes Second Closing, Increases Fund Size to €32m

Originally posted in Marathon Venture Capital We are pleased to announce the completion of Marathon’s second closing. Equifund and the European Investment Fund are now part of our mission, alongside a number of new backers including National Bank of Greece. Leveraging our enthusiastic reception by entrepreneurs from around the world, we aim to make good …

Ενα οικοσύστημα που ωριμάζει και εξαπλώνεται

Δημοσιεύθηκε στην Καθημερινή. Τα τελευταία χρόνια το ελληνικό οικοσύστημα του τεχνολογικού επιχειρείν έχει αποκτήσει σάρκα και οστά. Ενδεικτικά, πρόσφατη μελέτη μας κατέγραψε 137 startups, στις οποίες επενδύθηκαν άνω των 200 εκατ. ευρώ σε 214 γύρους χρηματοδότησης κατά το διάστημα 2010-2016. Το 2017 αναμένεται να ολοκληρωθεί με περί τις δέκα –μεγαλύτερες ή μικρότερες– εξαγορές εταιρειών λογισμικού. …

Introducing Marathon Venture Capital

Originally posted on Marathon Venture Capital. We are launching Marathon Venture Capital with the goal of fostering innovation coming out of the worldwide Greek network of entrepreneurs and technologists. On Friday March 17th, we presented our team, goals and ambitions for the new vehicle. If you missed our live presentation you can read here everything …

Openfund Concludes Investment Period, Reports Results

Originally posted in Openfund. Openfund started in 2009 to become the first startup investor in Greece and the broader region. Our first, €500k syndicate proved quite successful, giving birth to companies like Taxibeat. Jeremie Openfund II was launched in December 2012 with €15m under management to take this track record to the next level. Three …