# Marathon Venture Partners

Marathon Venture Partners is a Venture Capital based in Beijing, China.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Beijing, China
- **Region:** Asia
- **Address:** Beijing, China
- **Founded:** 2017
- **Assets under management:** Undisclosed
- **Website:** www.marathonvp.com
- **LinkedIn:** https://www.linkedin.com/company/marathonvp

## Regulatory record

- **Reports private funds:** No

## About

Marathon Venture Partners is a venture capital fund investing in early to growth stage companies in China's healthcare and fintech sectors. They have made 98 investments, including a Series B - II investment in WonderLab on March 02, 2026. The firm has one portfolio exit, AnchorDx, which exited on September 23, 2024.

## Sectors

- Venture (General)
- Enterprise Software
- AI/ML

## Questions

### What is Marathon Venture Partners' investment strategy?

The firm operates as a generalist venture capital investor, participating across the full lifecycle from seed and start-up rounds through late-stage expansion. It targets technology companies in China, with a focus on sectors such as enterprise software and artificial intelligence where founder moats and technical differentiation are strong. The strategy does not appear restricted to a single stage or vertical, allowing flexibility as China's tech landscape shifts.

### What differentiates Marathon Venture Partners from other Beijing-based VCs?

The firm's defining structural feature is its domestic concentration: a single Beijing office, no disclosed US or Singapore vehicle, and a generalist venture mandate that spans seed through late stage. This architecture suits renminbi fundraising and aligns with China's policy preference for onshore investment. For international allocators, however, it means the firm operates almost entirely outside the English-language reporting and data-vendor ecosystem.

## Related profiles

- [Marathon Management Partners](https://altss.com/profile/marathon-management-partners)
- [Marietta Wealth](https://altss.com/profile/marietta-wealth-management)

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Last updated: 2026-06-03T20:00:00.000Z

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