Akave, a company specializing in enterprise cloud infrastructure, announced on March 2, 2026, the successful completion of a $6.65 million funding round. The investment was supported by a consortium of notable investors, including Protocol Labs, No Limit Holdings, Blockchange, Lightshift, Blockchain Builders Fund, Big Brain Holdings, Avalanche Foundation, and Filecoin Foundation.

Akave Cloud, the company's decentralized cloud storage platform, is built on the Avalanche L1 blockchain. The platform is designed to provide S3-compatible decentralized storage solutions specifically tailored for AI applications.

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