Akave, an enterprise cloud infrastructure provider, has entered the data storage market with the launch of Akave Cloud, a modern S3-compatible decentralized alternative to traditional cloud storage. The company secured $6.65 million in funding to support this initiative, targeting organizations running data-intensive AI and analytics workloads. Akave Cloud eliminates egress fees and vendor lock-in by decoupling compute from storage, enabling seamless data movement across hyperscalers, neoclouds, and AI-specific environments.
Traditional cloud providers have shifted toward opaque pricing and high data transfer costs, complicating budget forecasting for scaling AI workloads. Akave counters this with transparent, predictable economics and built-in governance.
Akave Cloud serves as a portable data lake that preserves full data ownership, auditability, and governance. By leveraging decentralization on its Avalanche L1 blockchain, it spreads workloads for improved scale and resiliency while reducing dependence on any single entity. This approach proves essential for enterprises prioritizing sovereign AI deployments where control over data location, access, movement, and compliance remains critical.
The platform delivers enterprise-grade performance alongside features tailored for AI and analytics:
Its fully S3-compatible API enables drop-in replacement for existing setups. Organizations can maintain current pipelines while adding long-term archiving to the Filecoin network, ensuring immutable content IDs for every object.
Akave Cloud is already operational with data-intensive users. Intuizi processes consumer intelligence for Martech and retail analytics. LaserSETI handles high-throughput astronomical data with verifiable integrity. 375ai manages edge-collected data and AI training datasets benefiting from flat pricing and zero egress. Skymapper stores global telescope observations with cryptographic provenance for authenticity.
“As AI workflows span multiple compute environments, portability and verifiability become foundational,” said Matias Antonio, Chief Investment Officer of Avalanche Foundation. “The next generation of AI infrastructure will be defined by portability, transparency, and governance. Akave Cloud demonstrates how decentralized storage, built on a dedicated high-performance Avalanche L1, can enable enterprises to manage data with greater sovereignty while supporting the scale and compliance requirements of modern AI workloads.”
“Akave's founding team brings a rare combination of data storage, enterprise, and Web3 expertise. We are excited to support their delivery of sovereign, verifiable storage to enterprises running AI at scale,” said Gin Chao, General Partner, No Limit Holdings.
“Distributed systems improve scale and resiliency by spreading workloads across multiple nodes, but decentralization reduces reliance on any single controlling party, a distinction critical for enterprises deploying AI,” said Stefaan Vervaet, founder and CEO of Akave. “The real challenge is maintaining control over where data lives, how it moves, and how it’s governed across environments. We built Akave Cloud to provide a portable, verifiable storage foundation that enables enterprises to run AI workloads with full data ownership, auditability, and long-term flexibility.”
With predictable costs, strong compliance, and high performance, Akave Cloud positions enterprises to fully leverage next-generation AI infrastructure while maintaining operational efficiency and data sovereignty.
About Akave
Akave is building the world’s first decentralized enterprise data layer for AI and analytics. Its flagship product, Akave Cloud, delivers S3-compatible object storage with verifiability, programmability, and zero egress fees. Backed by leading investors including Protocol Labs, No Limit Holdings, Blockchange, Lightshift, Blockchain Builders Fund, Big Brain Holdings, Avalanche, and the Filecoin Foundation, Akave provides enterprises with predictable, high-performance storage for their most valuable data.
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