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