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About Akave
Akave is a decentralised storage layer built on an Avalanche L1 and Filecoin that exposes S3-compatible interfaces, so enterprises can move data lakes on-chain without rewriting their toolchain. It targets cloud egress fees and data gravity: hot data sits in an object layer sharded across nodes with erasure coding, cold data archives to Filecoin, and each write produces an eCID receipt backed by possession and persistence proofs that form a verifiable chain of custody.
Pricing is a flat USD 14.99 per TB per month with no egress charge, and customers include Intuizi, LaserSETI, 375ai and Skymapper, with workloads centred on marketing data, astronomical observation and edge camera footage, paired with Akash's compute marketplace as a storage-plus-compute stack. Availability depends on node incentives and Filecoin's sealing pipeline, and cross-region reads remain slower than a hyperscaler in the same region.
On 2 March 2026 Akave disclosed $6.65 million in total funding and launched Akave Cloud, with backers including Protocol Labs, the Avalanche Foundation, the Filecoin Foundation, No Limit Holdings, Blockchange, Lightshift, Blockchain Builders Fund and Big Brain Holdings. The product is S3-compatible decentralised object storage running on a dedicated Avalanche L1 at a flat $14.99 per terabyte per month with no egress fees.
The differentiation is verifiability and portability: every object carries onchain-auditable access control and content identity, Snowflake and Apache Iceberg are supported, and cold data can archive to Filecoin. Early customers include Intuizi for consumer data, LaserSETI and Skymapper for astronomy, and 375ai for training data. A $3.45 million pre-seed in November 2024 brings the disclosed total to $6.65 million. Akave says the capital goes to enterprise-grade performance for AI workloads, governance features for compliance, and storage portability independent of any compute provider. The trade-off is dependence on Avalanche for consensus and settlement and on Filecoin for cold storage, so fee or roadmap changes on either side feed straight into pricing. The company is based in Austin, was founded in 2024, and draws its team from data storage, data management and Web3.
Akave sells a compute-agnostic storage layer to enterprises running their own AI clusters, extends governance and cross-cloud migration features, and uses Filecoin archiving to push long-term storage costs down.
Stefaan Vervaet — Co-founder & CEO; co-built distributed storage and data management startups with exits totaling over $355 million.
Angelo Schalley — Co-founder & CTO; two decades of technical leadership in decentralized storage and enterprise infrastructure.
Daniel León — Co-founder & COO; long experience in startup operations and strategic partnerships.