SC Ventures leads Hive's €12M Series A, enabling sustainable distributed cloud computing.

SC Ventures leads Hive's €12M Series A, enabling sustainable distributed cloud computing for the masses. Hive aims to transform 70% of the world's unused device capacity into a global supercomputer, with backing from Standard Chartered's innovation, fintech investment, and ventures arm. OneRagtime, a French venture capital fund, and other private investors also participate in the funding round.