Fundz

MARA

Kenya · 67 employees

Today, the startup is announcing that it has completed a $23 million equity and token seed raise from multiple investors. The company is targeting an initial launch in July this year in Kenya and Nigeria, the two countries it is headquartered in. In a statement, the company revealed that it struck a partnership with the Central African Republic — the first country to legalize bitcoin as a legal te

Funding history

  • Funding Round — $23.0M — May 2022

Recent signals

  • Jun 01, 2026: MARA Holdings Partners with Starwood Capital to Transform Sites into High-Performance Computing Capacity.
  • May 27, 2026: Acquired MARA to acquire Long Ridge Energy for $1.5 billion
  • Feb 26, 2026: SEC 8-K (2.02): On February 26, 2026, MARA Holdings, Inc. issued a shareholder letter detailing its preliminary, unaudited financial results for the fiscal quarter and full year ended December 31, 2025. This included insights into the company's performance metrics and financial health for the past year. The announcement was accompanied by a press release regarding an earnings webcast and conference call scheduled for the same day, signifying important communication of financial status and future outlooks to shareholders and stakeholders. The shareholder letter and press release are included as Exhibit 99.1 and Exhibit 99.2, respectively.
  • Feb 26, 2026: SEC 8-K (2.02): On February 26, 2026, MARA Holdings, Inc. announced its preliminary, unaudited financial results for the fiscal quarter and full year ended December 31, 2025, through a shareholder letter. The announcement highlights the company's financial performance over the past year and includes details relevant for investors. A press release accompanying the announcement states that an earnings webcast and conference call will occur on the same day. This communication is significant as it provides essential information for current and potential shareholders regarding the company's financial health and strategies going forward.
  • Feb 22, 2026: Acquired MARA Holdings acquires controlling stake in Exaion
  • Feb 21, 2026: Acquired MARA Holdings acquires 64% of Exaion for $168M
  • Feb 21, 2026: Acquired MARA acquires AI provider Exaion
  • Feb 21, 2026: Acquired MARA buys 64% of Exaion to enter AI market

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