Enterprise cloud infrastructure company Akave announced on March 2, 2026, that it has raised $6.65 million in a funding round. The investment was led by notable backers including Protocol Labs, No Limit Holdings, Blockchange, Lightshift, Blockchain Builders Fund, Big Brain Holdings, Avalanche Foundation, and Filecoin Foundation. Akave is developing Akave Cloud, a decentralized cloud storage platform built on the Avalanche L1 blockchain. The platform aims to provide S3-compatible decentralized storage solutions specifically designed for AI applications.