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Marathon Digital Holdings raised $3M in a funding round from VCs including Archetype, Coinbase Ventures to incubate Anduro, a new programmable, multi-chain layer-2 network atop the Bitcoin blockchain.

PUBLIC · MARAMar 04, 2024

Amount Raised

$3 Million

Round Type

Seed

Hallandale BeachHardwareAerospace

Investors

Coinbase VenturesArchetype

Description

Marathon Digital Holdings, a publicly-traded bitcoin mining firm, disclosed it has raised $3M from VCs including Archetype, Coinbase Ventures to develop Anduro, a new programmable, multi-chain layer-2 network atop the Bitcoin blockchain.

Quick answer

MARA Holdings raised $3 Million in a Seed round, dated March 4, 2024. Investors: Coinbase Ventures and Archetype. MARA Holdings is based in Hallandale Beach, Florida, United States.

How much did MARA Holdings raise?
MARA Holdings raised $3 Million in a Seed round on March 4, 2024.
Who invested in MARA Holdings?
Coinbase Ventures and Archetype are named as investors in this round.
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.

  • Phantom Space Corporation raised an undisclosed amount (Funding Round) on March 11, 2024.
  • Orbex raised $22M (Series D) on April 18, 2024.
  • INGANTEC raised $2M (Seed) on April 18, 2024.
  • Iceye raised $93M (Funding Round) on April 17, 2024.
  • Simular raised $5M on April 16, 2024.
  • Satellogic raised $30M (Corporate Round) on April 15, 2024.

Who to call at MARA Holdings, and when

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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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Related People

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