Swiss cloud platform Impossible Cloud Network (ICN) completes approximately 28 million euros in financing, led by NGP Capital

According to EU-Startups, Impossible Cloud Network (ICN), a data sovereignty Web3 cloud platform headquartered in Zug, Switzerland, has completed a financing round of 28.80 million euros (approximately 33.91 million USD), bringing its post-investment valuation to over 398 million euros. This oversubscribed financing round combined new capital with previously undisclosed investments, including early investments from 1kx, Protocol Labs, No Limit Holdings, and HV Capital. The latest strategic financing round was led by NGP Capital. ICN's native token $ICNT has also been officially launched. [ChainCatcher]