The Web3 cloud platform ICN has completed a financing of 28.8 million euros, with a valuation of 398 million euros, led by NGP Capital.

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Odaily News The decentralized cloud platform Impossible Cloud Network (ICN), headquartered in Zug, Switzerland, announced the completion of a €28.8 million funding round, with a latest valuation of €398 million. This round was led by NGP Capital, with participation from 1kx, Protocol Labs, and others. ICN also launched its native Token ICNT and plans to log in to several Centralized Exchanges, including Binance and Kraken. ICN is committed to building a permissionless Web3 cloud infrastructure, positioning itself as an alternative to traditional cloud giants like AWS.

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