Akash Network

investment firm

About

Akash Network is the world’s first decentralized peer-to-peer marketplace for cloud compute.

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$2M
Industries
Blockchain,Cloud Computing,Internet,Software,Web Development
Founded date
Jan 1, 2015
Operating Status
Active
Also Known As
Akash

Akash Network is the world's first distributed peer-to-peer marketplace for cloud compute and provides a fast, efficient, and low-cost deployment solution.

Developers leveraging Akash Network can launch decentralized applications such as DeFi apps, blogs, games, data visualizations, block explorers, blockchain nodes, and other blockchain network components at a fraction of the cost compared to centralized cloud providers like Amazon Web Services (AWS), Google Cloud, and Microsoft Azure.

Utilizing open-source technology, Akash Network leverages 85% of underutilized cloud capacity in 8+ million global data centers, enabling anyone to buy and sell cloud computing.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$2M
Akash Network has raised a total of $2M in funding over 2 rounds. Their latest funding was raised on Mar 30, 2020 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 30, 2020 Series Unknown $2M 6 Cypher Capital — Detail

Investments

Number of Investments
Number of Lead Investments
1
0
Akash Network has made 1 investments. Their most recent investment was on May 19, 2022, when Saga.xyz raised $6.50M.
Date Company Name
Round Money Raised Industry Lead Investor
May 19, 2022 Saga.xyz
Seed $6.50M Apps —

Investors

Number of Lead Investors
Number of Investors
1
6
Akash Network is funded by 6 investors. Cypher Capital and Digital Asset Capital Management are the most recent investors.
Investor Name Lead Investor Funding Round
Cypher Capital Yes Series Unknown
Digital Asset Capital Management — Series Unknown
George Burke — Series Unknown
Infinite Capital — Series Unknown
Satori Research — Series Unknown
Zokyo — Series Unknown

Employee Profiles

Number of Employee Profiles
6
Akash Network has 6 current employee profiles, including Executive Greg Osuri
Executive
Employee
Executive
Executive
Employee