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The Swiss cloud platform Impossible Cloud Network (ICN) has completed approximately €28 million in financing, led by NGP Capital.
According to ChainCatcher news and reported by EU-Startups, the data sovereignty Web3 cloud platform Impossible Cloud Network (ICN), headquartered in Zug, Switzerland, has completed a financing of 28.8 million euros (approximately 33.91 million dollars), bringing its post-investment valuation to over 398 million euros. This oversubscribed financing integrates new capital as well as previously undisclosed investments, including early investments from 1kx, Protocol Labs, No Limit Holdings, and HV Capital. The latest round of strategic financing was led by NGP Capital. The native token of ICN, $ICNT, is also officially launched.