Fundz

Mara Raises $23M From Coinbase Ventures And Ftx To Build Africa’s Portal To The Crypto Economy

PUBLIC · MARAMay 11, 2022

Amount Raised

$23 Million

Round Type

Funding Round

Hallandale BeachHardwareAerospace

Description

The use of cryptocurrency in sub-Saharan Africa, particularly among its young people, cannot be overstated. Data from blockchain intelligence firm Chainalysis says the region’s crypto usage grew 1,200% last year, making it the third-fastest growing cryptocurrency economy.

Quick answer

MARA Holdings raised $23 Million in a Funding Round round, dated May 11, 2022. MARA Holdings is based in Hallandale Beach, Florida, United States.

How much did MARA Holdings raise?
MARA Holdings raised $23 Million in a Funding Round round on May 11, 2022.
What does MARA Holdings do?
MARA Holdings, formerly Marathon Digital, is a company that focuses on sustainable Bitcoin mining operations and has announced plans to acquire a wind farm in Hansford County, Texas, to power its mining data center,..
Where is MARA Holdings based and how big is it?
MARA Holdings is based in Hallandale Beach, Florida, United States. Fundz records about 67 employees.
Who are the decision-makers at MARA Holdings?
Fundz holds 5 contacts at MARA Holdings, including the Assistant Vice President. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Hardware and Aerospace around the same time

Companies in the same sectors as MARA Holdings that raised within 45 days of this round, from Fundz verified event records.

Who to call at MARA Holdings, and when

A new round usually means MARA Holdings is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

MARA Holdings

Location

1010 South Federal Highway

Hallandale Beach, Florida, United States

About

MARA Holdings, formerly Marathon Digital, is a company that focuses on sustainable Bitcoin mining operations and has announced plans to acquire a wind farm in Hansford County, Texas, to power its mining data center, with the goal of creating a vertically integrated operation with zero-marginal energy costs. MARA aims to integrate renewable energy into its mining operations and reduce reliance on traditional energy sources, as well as work towards broader sustainability goals by developing a global network of renewable energy-powered data centers.

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Fundz sees it the moment MARA Holdings raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

5 contacts
Verified contactsFatin Z., Assistant Vice President hidden hidden hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for MARA Holdings's next move

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MARA Holdings raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.