Decentralized cloud infrastructure Akave completes $6.65 million funding, with participation from Avalanche Foundation and others

GateNews

2026-03-02 13:54:05

FIL2,12%

BlockBeats News, March 2 — Decentralized enterprise cloud infrastructure company Akave has completed a $6.65 million funding round, with investors including Protocol Labs, No Limit Holdings, Blockchange, Lightshift, Blockchain Builders Fund, Big Brain Holdings, Avalanche Foundation, and Filecoin Foundation.

Akave’s decentralized cloud storage platform, Akave Cloud, is built on the Avalanche L1 blockchain and aims to provide a S3-compatible decentralized storage solution for AI applications. The platform supports on-chain verifiability and programmable access control, and does not charge data egress fees. Akave Cloud can integrate with platforms like Snowflake and Apache Iceberg, and offers options for long-term archiving to the Filecoin network.

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