# Marathon Venture Partners

> Marathon Venture Partners is a VC fund backing Health Care and Medical. See 63 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Shanghai, China
- Total investments: 63
- Last investment: Mar 2026
- Lead investor: 46%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/marathonvp/about/
- Website: http://www.marathonvp.com

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

## Contacts

5 contacts available for Marathon Venture Partners. Shizune tracks 7 team members at Marathon Venture Partners. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/marathon-venture-partners?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $7M–$13M |
| Series A | $1.4M–$16M |
| Series B | $14M–$142M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Health Care | 23 | 37% |
| Medical | 21 | 33% |
| Biotechnology | 7 | 11% |
| Hospital | 6 | 10% |
| Software | 5 | 8% |

60 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 24 | 38% |
| Series B | 13 | 21% |
| Seed | 10 | 16% |
| Angel | 9 | 14% |
| Series C | 3 | 5% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| China | 45 | 71% |
| United States | 2 | 3% |
| Hong Kong | 1 | 2% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Donald Gao | Partner | 0 | https://shizune.co/investors/profile/donald-gao |
| Hou Zhancai | Investment Manager | 1 | https://shizune.co/investors/profile/hou-zhancai |
| Linna Dong | Analyst | 0 | https://shizune.co/investors/profile/linna-dong |
| Ray Yang | Partner | 1 | https://shizune.co/investors/profile/ray-yang |
| Tang Yinan | Managing director | 3 | https://shizune.co/investors/profile/tang-yinan |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| 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 | 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 | 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 | Huamei Haolian specializes in providing telemedicine and medical tourism services. |  | Series C | Sep 24, 2025 |  |
| Medical Image Insights | 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 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 |  |

10 of 63 investments shown.

## Co-investors
- [Northern Light Venture Capital](https://shizune.co/investors/profile/northern-light-venture-capital) — VC Fund, 7 deals together
- [Sinovation Ventures](https://shizune.co/investors/profile/sinovation-ventures) — VC Fund, 4 deals together
- [SND Ventures Group](https://shizune.co/investors/profile/snd-ventures-group) — VC Fund, 3 deals together
- [6 Dimensions Capital](https://shizune.co/investors/profile/6-dimensions-capital) — VC Fund, 2 deals together
- [Ant Group](https://shizune.co/investors/profile/ant-group) — VC Fund, 2 deals together
- [BioTrack Capital](https://shizune.co/investors/profile/biotrack-capital) — VC Fund, 2 deals together

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### Similar stage
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### Similar country
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## Featured in investor lists
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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, $1.4M–$16M 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 Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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