27.03.2024 13:00
SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, is leading a €12 million Series A round for distributed cloud provider Hive, to increase access to sustainable, high-powered computing resources for businesses and individuals. OneRagtime, a French venture capital fund that led Hive’s Seed round, and a collection of private investors also joined the round. Since October 2023, Hive has amassed over 25,000 total active users and contributors from 147 countries.