Athens has a deep seed bench now. Marathon and Metavallon lead it. A new Brain Gain Fund pulls talent home. EU money backs the funds. Here are 13 seed investors backing Athens startups in 2026.
Athens now holds a deep bench of active seed funds. Marathon and Metavallon anchor most of this group.
A new Brain Gain Fund pulls lost talent back home. Greece is slowly winning back its top tech people.
EU money seeds most of the local seed-stage funds. That public cash pulls in real private capital too.
You will pitch several of these funds in one cycle. Ellty keeps your whole deck behind one tracked link.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| Marathon Venture Capital | VC (Athens) | EUR 1M-1.5M | Seed tech, fintech | marathon.vc |
| Metavallon VC | VC (Athens) | EUR 0.5M-1.5M | Seed deep tech, B2B | metavallon.vc |
| VentureFriends | VC (Athens) | EUR 0.3M-2.5M | Seed consumer, fintech | venturefriends.vc |
| Velocity.Partners | VC (Athens) | Pre-seed, seed | Seed tech, SaaS | velocity.partners |
| Uni.Fund | VC (Athens) | EUR 100K-1.5M | Pre-seed tech | uni.fund |
| Big Pi Ventures | VC (Athens) | Multi-stage | Seed deep tech | bigpi.vc |
| Genesis Ventures | Angel co-fund (Athens) | EUR 100K-400K | Seed software | genesis-ventures.vc |
| Apeiron Ventures | VC (Athens) | EUR 200K-400K | Pre-seed AI, B2B | apeiron.vc |
| LAUNCHub Ventures | VC (Sofia) | EUR 0.3M-4M | Seed, Series A | launchub.com |
| Eleven Ventures | VC (Sofia) | Pre-seed, seed | Seed SEE tech | eleven.vc |
| HeBAN | Angel network (Athens) | Angel tickets | Pre-seed, generalist | heban.gr |
| HDBI | Fund-of-funds (Athens) | LP commitments | VC and PE funds | hdbi.gr |
| EBRD | Development bank | Fund + direct | VC funds, growth | ebrd.com |
Run your seed raise from one link
Ellty shows which VC opened your deck, so you follow up first, not late.
Start free 14-day trialWhat an Athens seed VC backs
They back early traction and a sharp founding team. Some early revenue helps, but it is not required yet.
They want a clear wedge and a genuinely large market. The founding team has to ship product really fast.
Most of them write one of your very earliest cheques. They will often follow on into the priced seed round.
See our Athens angel investors list for earlier cash. Ellty shows exactly which fund opened your full deck.
We are not just targeting Greek founders abroad. There is already a clear movement among global deep-tech startups seeking to build R&D in Europe.
13 Athens seed investors
1. Marathon Venture Capital
Athens' leading seed VC and a day-one founder partner.
Recent Activity: Closed a $84M third fund in 2025
LinkedIn: Marathon Venture Capital on LinkedIn
Sector Focus: Seed tech, fintech
Stage Focus: Seed
Check Size: EUR 1M-1.5M
Location: Athens, Greece
Website: marathon.vc
2. Metavallon VC
An Athens seed fund now fighting Greece's brain drain.
Recent Activity: Launched the EUR 5M Brain Gain Fund in 2026
LinkedIn: Metavallon VC on LinkedIn
Sector Focus: Seed deep tech, B2B
Stage Focus: Pre-seed, seed
Check Size: EUR 0.5M-1.5M
Location: Athens, Greece
Website: metavallon.vc
3. VentureFriends
Athens' top early-stage consumer venture capital fund.
Recent Activity: Backs early consumer and fintech teams
LinkedIn: VentureFriends on LinkedIn
Sector Focus: Seed consumer, fintech
Stage Focus: Seed, Series A
Check Size: EUR 0.3M-2.5M
Location: Athens, Greece
Website: venturefriends.vc
4. Velocity.Partners
An Athens pre-seed and seed-stage technology fund.
Recent Activity: Led Finloup's pre-seed round
LinkedIn: Velocity.Partners on LinkedIn
Sector Focus: Seed tech, SaaS
Stage Focus: Pre-seed, seed
Check Size: Pre-seed, seed
Location: Athens, Greece
Website: velocity.partners
5. Uni.Fund
An Athens fund for research-driven pre-seed teams.
Recent Activity: Backs research-based pre-seed teams
LinkedIn: Uni.Fund on LinkedIn
Sector Focus: Pre-seed tech
Stage Focus: Pre-seed, seed
Check Size: EUR 100K-1.5M
Location: Athens, Greece
Website: uni.fund
6. Big Pi Ventures
The region's largest multi-stage Athens tech fund.
Recent Activity: A multi-stage fund with ~EUR 250M AUM
LinkedIn: Big Pi Ventures on LinkedIn
Sector Focus: Seed deep tech
Stage Focus: Seed to growth
Check Size: Multi-stage
Location: Athens, Greece
Website: bigpi.vc
Send each seed fund a tracked link
Ellty logs every open and read. Chase the keen funds first, not days too late.
Start free 14-day trial7. Genesis Ventures
An Athens angel co-investment fund for seed teams.
Recent Activity: An angel co-investment seed fund
LinkedIn: Genesis Ventures on LinkedIn
Sector Focus: Seed software
Stage Focus: Pre-seed, seed
Check Size: EUR 100K-400K
Location: Athens, Greece
Website: genesis-ventures.vc
8. Apeiron Ventures
A newer EUR 25M Athens seed fund launched in 2024.
Recent Activity: Runs a EUR 25M seed fund from 2024
LinkedIn: Apeiron Ventures on LinkedIn
Sector Focus: Pre-seed AI, B2B
Stage Focus: Pre-seed, seed
Check Size: EUR 200K-400K
Location: Athens, Greece
Website: apeiron.vc
9. LAUNCHub Ventures
A Sofia seed fund active across SEE and in Greece.
Recent Activity: Backs SEE seed teams from Sofia
LinkedIn: LAUNCHub Ventures on LinkedIn
Sector Focus: Seed, Series A
Stage Focus: Seed, Series A
Check Size: EUR 0.3M-4M
Location: Sofia and CEE
Website: launchub.com
10. Eleven Ventures
A Sofia pre-seed fund backing SEE and Greek founders.
Recent Activity: Closed a EUR 60M third fund for SEE
LinkedIn: Eleven Ventures on LinkedIn
Sector Focus: Seed SEE tech
Stage Focus: Pre-seed, seed
Check Size: Pre-seed, seed
Location: Sofia, Bulgaria
Website: eleven.vc
11. HeBAN
Greece's main business angel and seed-stage network.
Recent Activity: Greece's national member of EBAN
LinkedIn: HeBAN on LinkedIn
Sector Focus: Pre-seed, generalist
Stage Focus: Pre-seed, seed
Check Size: Angel tickets
Location: Athens, Greece
Website: heban.gr
12. HDBI
Greece's sovereign fund-of-funds for venture capital.
Recent Activity: Greece's sovereign fund-of-funds
LinkedIn: HDBI on LinkedIn
Sector Focus: VC and PE funds
Stage Focus: Fund-of-funds
Check Size: LP commitments
Location: Athens, Greece
Website: hdbi.gr
13. EBRD
A development bank that anchors many Greek VC funds.
Recent Activity: Anchors many Greek venture funds
LinkedIn: EBRD on LinkedIn
Sector Focus: VC funds, growth
Stage Focus: Fund + direct
Check Size: Fund + direct
Location: London and Athens
Website: ebrd.com
Pre-seed comes first here
Pre-seed money backs little but an idea and a team. There is usually little or no real traction here yet.
Pre-seed cheques stay tiny and they move very fast. Angels and small micro-funds usually lead them here.
A clear, sharp pitch deck wins you that first call. Ellty shows exactly who reads it through to the end.
Keep your early diligence documents ready and tidy. Tidy, complete folders quickly win investor trust.
EU money seeds the funds
EquiFund and HDBI back most of the local seed funds. EU public cash sits behind the entire seed market.
The EIF and EBRD anchor many of these larger funds. That public money lowers the risk for everyone else.
Learn how these venture capital seed funds really work. Ellty logs each and every fund that reads your deck.
The right tools built for startups keep this tidy. Ellty keeps every single fund on one tracked link.
Reversing the brain drain
Greece lost many of its skilled people after 2009. New seed funds now pull that lost talent back home.
The new Brain Gain Fund backs returning Greek founders. Their R&D teams have to be based right inside Greece.
Plan the whole raise with a clear fundraising path. Ellty keeps your raise on one secure, tracked link.
Use the investor diligence checklist nice and early. Ready seed teams tend to close rounds much faster.
How to pitch a seed investor
Lead with traction and the team.
- 1.Lead with traction and the team.Show what you have shipped.
- 2.Name a clear, large market.Show your sharp wedge in.
- 3.State the raise and runway.Keep the ask simple.
- 4.Send one Ellty link to your deck.See which fund digs in.
How Ellty helps you land a seed investor in Athens
Your Athens seed list is ready. Set up a data room before the first call.
- 1.Upload your deck and key metrics.Keep every seed file in one room.
- 2.Send each fund a unique tracked link.Set view and download rights per fund.
- 3.Watch opens and follow up on time.Chase the funds that read to the end.
Athens seed funding questions
- Local VCs and EU-backed funds. Plus angels.
- Often EUR 0.2M to EUR 1.5M. Some write more.
- A 2026 Metavallon fund. It pulls talent home.
- Yes, EquiFund and EBRD do. They seed the funds.
- Early traction and a sharp team. A clear wedge too.
- Before your first VC call. Track who reads your deck.
