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Web3 Cloud Platform ICN Completes €28.8 Million Financing, Valued at €3.98 Billion, Led by NGP Capital

Summary: According to reports, Switzerland-based decentralized cloud platform Impossible Cloud Network (ICN) has announced the completion of a €28.8 million financing round, with a latest valuation of €3.98 billion. The round was led by NGP Capital, with participation from 1kx, Protocol Labs, and others. ICN has also launched its native token ICNT, and plans to list ...

According to reports, Switzerland-based decentralized cloud platform Impossible Cloud Network (ICN) has announced the completion of a €28.8 million financing round, with a latest valuation of €3.98 billion. The round was led by NGP Capital, with participation from 1kx, Protocol Labs, and others. ICN has also launched its native token ICNT, and plans to list on centralized exchanges such as Binance and Kraken. ICN aims to build permissionless Web3 cloud infrastructure, positioning itself as an alternative to traditional cloud giants like AWS.

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Link: Web3 Cloud Platform ICN Completes €28.8 Million Financing, Valued at €3.98 Billion, Led by NGP Capital [Copy]

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