Mara Renewables Corporation Raises $39.5M In Growth Equity, Accelerating The Future Of Food Through Algal Fermentation

Mara Renewables Corporation ("Mara"), today announced the successful initial close of a $39.5M million equity raise. The growth funding round was made possible by lead investor InvestEco Capital (InvestEco) and follow-on investors BDC Capital (BDC), Export Development Canada (EDC), MacKinnon, Bennett & Company Inc. (MKB), Thai Union Ingredients Co (Thai Union) and existing investors. As part of additional financing, Mara will also complete a second closing with Clear Creek Investments, LLC (CCI) in the coming month