Impossible Cloud Network (ICN) (Venture Funding)
Funding Details
Awarder
Inbox
Date Award
July 3, 2025
Vertical
Cloud Computing
Funding URL
View Funding Page
Valuation
$398,000,000
Funding Amount
$28,800,000
Company Info
Founding Year
2024
Traction
ICN has generated €5.9 million of ARR (a 2000% YoY surge) and has delivered over 80 petabytes (PB) of live storage capacity across enterprise nodes in Europe and the United States.
Revenue Amount
$5,900,000
Founders
Dr Kai Wawrzinek
Market
Enterprise
Location
Zug, Switzerland
Coinvestors
1kx, Protocol Labs, No Limit Holdings, HV Capital, NGP Capital
Company Description

Zug-based Impossible Cloud Network (ICN) is a data-sovereign Web3 cloud platform powering over 1,000 enterprise customers. ICN is building a permissionless, open cloud network with the goal of rivaling Big Tech giants like Amazon Web Services (AWS) and Google, offering decentralised cloud services that support enterprise, AI, gaming, applications, and end-users.

Links
Website
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