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Marathon Venture Partners, VC Fund

Marathon Venture Partners

VC Fund

Shanghai, China

Marathon Venture Partners is an international VC fund that focuses on early and growth stage companies in healthcare and Fintech industry.

Total investments:
63
Last investment:
Lead investor:
46%

Last updated:

Industries Marathon Venture Partners invests in

Health CareMedicalBiotechnologyHospitalSoftware

Stages Marathon Venture Partners invests in

Series ASeries BSeedAngelSeries C

Countries Marathon Venture Partners invests in

ChinaUnited StatesHong Kong

Round sizes

Seed $7M–$13MSeries A $1.5M–$29MSeries B $14M–$142M

Contacts

NameEmailPhoneSocials
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Round size

Seed
$7M–$13M
Series A
$1.5M–$29M
Series B
$14M–$142M

Investment Focus

Industry

  • Health Care 23 (37%)
  • Medical 21 (33%)
  • Biotechnology 7 (11%)
  • Hospital 6 (10%)
  • Software 5 (8%)
See all 60 industries →

Stage

  • Series A 24 (38%)
  • Series B 13 (21%)
  • Seed 10 (16%)
  • Angel 9 (14%)
  • Series C 3 (5%)
See all 6 stages →

Country

  • China 45 (71%)
  • United States 2 (3%)
  • Hong Kong 1 (2%)

Team

NameTitleInvestmentsLinksEmail
Donald Gao
Donald Gao Partner
Partner Total investments: 0 Find email
Hou Zhancai
Hou Zhancai Investment Manager
Investment Manager Total investments: 1 Find email
Linna Dong
Linna Dong Analyst
Analyst Total investments: 0
Find email
Ray Yang
Ray Yang Partner
Partner Total investments: 1
Find email
Tang Yinan Managing director
Managing director Total investments: 3 Find email
See all 7 team members →

Investments

CompanyDescriptionRoundLinks
Fungifuture
Fungifuture is a synthetic biomaterials company specializing in the research and development and production of fungal fiber materials. Angel / Mar 23, 2026
Ruize Health
Ruize Health is a commercial insurance company that focuses on health consumption and commercial insurance. Series A / Mar 05, 2026
Wangli Technology is a digital therapy technology platform for mental illness focusing on exploring the field of human brain and spirit. Series B / Mar 02, 2026
Kidney Count Medical
Kidney Count Medical is a technology company specializing in kidney health consulting. Angel / Feb 26, 2026
Yangshan Medical Technology
Yangshan Medical Technology is a Shanghai-based company specializing in dental surgery robots. Seed / Feb 06, 2026
Dongda Wanshen
Dongda Wanshen specialises in the selling and service of intelligent disinfection technology for hospitals and public health facilities. Seed / Jan 26, 2026
Brilis Technology is a technology-driven enterprise with technological innovation at its core, committed to developing and applying advanced solutions through continuous research and development, enabling digital transformation, efficiency improvement, and sustainable growth across multiple industries. Seed / Jan 06, 2026
Huamei Haolian specializes in providing telemedicine and medical tourism services. Series C / Sep 24, 2025
Medical Image Insights is a company that specializes in medical imaging AI integration and R&D. It provide medical imaging professionals with AI and statistical-based medical imaging auxiliary tools, as well as its own medical imaging AI solutions. $13.7M / Series A / Apr 07, 2025
Femtosecond Technology Femtosecond Technology
Femtosecond Technology is a developer of label-free biological imaging technology.Femtosecond Technology is a high-tech, "specialized and innovative" firm focusing on the application of femtosecond laser technology in clinical diagnosis and treatment, as well as biomedical industrialization. $14.1M / Series A / Nov 04, 2024
See all 63 investments →

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FAQ

What does Marathon Venture Partners invest in?

Marathon Venture Partners invests primarily in Health Care, Medical and Biotechnology startups, most often at Series A and Series B stage. Most of the 63 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

What is Marathon Venture Partners's check size?

Marathon Venture Partners typically joins rounds of $7M–$13M at Seed, $1.5M–$29M at Series A and $14M–$142M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Marathon Venture Partners participates in.

How do I contact Marathon Venture Partners?

Public channels for Marathon Venture Partners include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

Who are the partners at Marathon Venture Partners?

The team at Marathon Venture Partners includes Donald Gao (Partner), Hou Zhancai (Investment Manager) and Linna Dong (Analyst), among 7 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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