Akave completes $6.65 million seed round financing

Decentralized cloud storage solution provider Akave has completed a seed round financing of $6.65 million, with investors including CVP NLH Advisors、Protocol Labs、No Limit Holdings、Blockchain Builders Fund、Big Brain Holdings LLC、Avalanche Foundation and Filecoin Foundation. Akave Cloud is built on the Layer 1 blockchain Avalanche and aims to support enterprises running data intensive AI and analytics workloads. The new funding will be used to expand sales and marketing.