Akave, a cloud infrastructure startup, has launched an S3-compatible object storage service and raised $6.65 million in seed funding. The platform offers compute-agnostic storage at $14.99 per terabyte per month with no egress fees or data transfer charges. Founded by Stefaan Vervaet, Akave decouples storage from compute infrastructure, allowing enterprises to move data across public clouds, neoclouds and on-premises environments without vendor lock-in. The platform uses cryptographic hashes and blockchain-based immutable ledgers to create tamper-evident audit trails whilst keeping actual data off-chain. Akave has been qualified as an external storage provider for Snowflake and integrates with Apache Iceberg. Investors include No Limit Holdings, Protocol Labs, Big Brain Holdings, Avalanche VC and the Filecoin Foundation. The funding will primarily support sales and marketing expansion.

San Francisco, USA, May 27th, 2025, ChainwireIn a new cross-ecosystem initiative, Filecoin Foundation and Ava Labs are launching a native cross-chain data bridge between Avalanche C-Chain and Filecoin via the Filecoin Virtual Machine (FEVM). This collaboration stacks Avalanche’s high-speed, scalable execution with Filecoin’s verifiable data network, laying the groundwork for modular, cross-chain infrastructure that can scale with enterprise demand.As Web2 enterprise and traditional financial markets’ interest in building with ecosystems like Avalanche grows, so does the need for verifiable, reliable data infrastructure. Filecoin offers a natural complement: a decentralized archival layer that ensures long-term auditability and data integrity.The cross-chain data storage prototype, implemented by FIL-B and FilOz, demonstrates how data generated on EVM-compatible chains like Avalanche C-Chain can be efficiently offloaded to Filecoin, while maintaining access and verifiability through onchain mechanisms. Here’s how the storage flow works:Data is generated on the Avalanche C-ChainSmart contract triggers send data to Filecoin for storageContent Identifier (CID) commitments and retrieval proofs continuously verify integrityOnramp contracts relay storage proof back to the source chainPayment is conducted on Avalanche and released once proof of storage is relayed back to the source chainThis composable architecture provides a builder-friendly and real-world-ready foundation to supercharge the adoption of these two next-gen L1 ecosystems.Key benefits for builders and users include:Proven Data Verifiability : Filecoin’s storage is secured by cryptographic proof systems that verify data is stored continually and unaltered. A transparent and robust record of data provenance, and assurance that data remains unchanged, provides enterprises and devs with the traceability and auditability necessary for business.: Filecoin’s storage is secured by cryptographic proof systems that verify data is stored continually and unaltered. A transparent and robust record of data provenance, and assurance that data remains unchanged, provides enterprises and devs with the traceability and auditability necessary for business