PANews reported on March 4 that Akave, a decentralized cloud storage service provider, announced the completion of a $6.65 million funding round, with participationPANews reported on March 4 that Akave, a decentralized cloud storage service provider, announced the completion of a $6.65 million funding round, with participation

Decentralized cloud storage service provider Akave raises $6.65 million in seed funding.

2026/03/04 11:50
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PANews reported on March 4 that Akave, a decentralized cloud storage service provider, announced the completion of a $6.65 million funding round, with participation from Protocol Labs, No Limit Holdings, Blockchange, Lightshift, Blockchain Builders Fund, Big Brain Holdings, Avalanche Foundation, and Filecoin Foundation.

Akave Cloud is an S3-compatible decentralized storage platform built on a dedicated Avalanche Layer 1 blockchain. It is designed to provide enterprises with an alternative to traditional cloud storage, enabling AI applications to run without being locked into specific cloud service providers.

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