Impossible Cloud Network Raises $34M; Post-Money Valued At Over $470M

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Here’s a structured breakdown of the information you provided about the Impossible Cloud Network (ICN):

Company Information

  • Startup: Impossible Cloud Network (ICN)
  • CEO & Co-Founder: Dr. Kai Wawrzinek

Funding Details

  • Total Funding Raised: $34M
  • Valuation: $470M
  • Latest Fundraise Date: 04/07/2025
  • Funding Series: Strategic round

Investors

  • Lead Investor: NGP Capital
  • Previous Investors:
    • 1kx
    • Protocol Labs
    • No Limit Holdings
    • HV Capital

Purpose of Funds

  • To expand operations and development efforts, including the launch of over 200 decentralized cloud services.

Additional Information

  • Real-world adoption generating multi-million-dollar revenue.
  • Plans for the native token $ICNT to debut on various centralized exchanges, including:
    • Binance
    • Bybit
    • Kraken
    • Bitget
    • Gate
    • KuCoin
    • Bitvavo
    • MEXC
    • Bitpanda

This structured format allows for a clear understanding of the startup, its funding, and its strategic direction.

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2025-07-04 08:56:10