# Akave Cloud

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/akave-cloud

- Industry: Software
- Headquarters: Wilmington, US
- Website: www.akave.com/
- Total disclosed funding: $6.7M
- Latest round: Seed (Mar 2, 2026)
- Investors on record: 9

## About

Established in 2024 and based in Wilmington, US, Akave, Inc. focuses on providing a decentralized data management platform. Stefaan Vervaet (CEO), Angelo Schalley (CTO), and Daniel León (COO) are the co-founders of the company. In March 2026, Akave, Inc. raised USD 6.65 million in seed funding from No Limit Holdings, Big Brain Holdings, Avalanche, and Filecoin Foundation, with participation from Blockchange Ventures, Blockchain Builders Fund, Lightshift, Protocol Labs, Inc.

Akave offers a decentralized, modular Layer 2 solution designed for data management and storage. At its core, the platform integrates storage capabilities from Filecoin with advanced encryption and user-friendly interfaces, allowing developers to manage Web3 datasets. Key features include S3-compatible interfaces, flexible data durability through erasure coding, and end-to-end data provenance to ensure data integrity. The Akave Oasis protocol enables a marketplace for builders, facilitating tiered storage management and unique policies for deploying on-chain data lakes. Currently, the Akave network is primarily targeting developers and businesses looking to enhance their data storage solutions globally, with a focus on markets such as North America, Europe, and parts of Asia.

Akave's revenue model is structured around transactional fees for data storage and management services provided through its platform. Clients access the platform through various service tiers, which may involve subscription-based agreements for ongoing access to storage solutions. The company leverages partnerships with qualified node providers to validate the Akave network, generating revenue through transactions associated with the storage of data on both Akave and Filecoin networks.

The company plans to use the March 2026 funding to expand sales and marketing activities while continuing to support its engineering team as it scales its cloud storage platform.

## Funding rounds

- Seed, Mar 2, 2026, $6.7M — PL Capital, Blockchange Ventures, Protocol Labs, Inc., Big Brain Holdings, Lightshift Capital Management, Filecoin Foundation, No Limit Holdings, Blockchain Builders Fund, Avalanche Foundation

## Investors

- PL Capital — Seed
- Blockchange Ventures (https://capitalatlas.ai/funds/blockchange-ventures) — Seed
- Protocol Labs, Inc. — Seed
- Big Brain Holdings (https://capitalatlas.ai/funds/big-brain-holdings) — Seed
- Lightshift Capital Management (https://capitalatlas.ai/funds/lightshift-capital-management) — Seed
- Filecoin Foundation (https://capitalatlas.ai/funds/filecoin-foundation) — Seed
- No Limit Holdings (https://capitalatlas.ai/funds/no-limit-holdings) — Seed
- Blockchain Builders Fund (https://capitalatlas.ai/funds/blockchain-builders-fund) — Seed
- Avalanche Foundation — Seed