$FIL
The data storage chain Akave, based on Filecoin, has successfully raised $3.45 million in Pre-seed funding. This round of financing was participated in by Protocol Labs, Blockchange VC, Lightshift, and Blockchain Builders Fund. The funds will be used to accelerate Akave's development in on-chain data management. Akave has launched the Yucca testnet, open to early testers, to explore on-chain data storage and programmability. Akave provides tools for enterprises, AI companies, and DePIN developers to help them move beyond traditional cloud storage, build on-chain data lakes, and promote the development of data ownership and new data monetization models.
