CCudo Ventures connects people and businesses to monetize unused computing resources such as processing power, storage, and bandwidth through a global platform. Users contribute spare resources and earn income, while the company earns a commission on the revenue generated by those resources. The system pairs demand with available capacity, handles payments, and offsets electricity use with carbon credits to fund environmental projects. This model aims to create a collaborative computing economy that increases revenue and margins for contributors while supporting sustainability. The company’s goal is to redefine the economics of computing by making it profitable to share idle resources in a way that reduces environmental impact.
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Industries
Company Size
11-50
Company Stage
Series A
Total Funding
$1.3M
Headquarters
London, United Kingdom
Founded
2017
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Total Funding
$1.3M
Below
Industry Average
Funded Over
1 Rounds
Industry standards
As a way to accelerate the expansion of its monetization applications, Cudo announced at the recent AIBC summit that it has partnered with the Nigerian agri-fintech company Tingo Mobile to launch its decentralized cloud in Nigeria.
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We're working on gathering enough insights on this company, check back soon!
Industries
Company Size
11-50
Company Stage
Series A
Total Funding
$1.3M
Headquarters
London, United Kingdom
Founded
2017
Find jobs on Simplify and start your career today