Web3 cloud platform Impossible Cloud Network (ICN) raises 28.8 million euros in funding

Golden Finance reported that Swiss Web3 cloud platform Impossible Cloud Network (ICN) announced the completion of a 28.8 million euro financing, with a post investment valuation of over 398 million euros. 1kx, Protocol Labs, No Limit Holdings, and HV Capital participated. Currently, the platform has launched the native token ICNT, and the new funds plan to support it in building a license free decentralized open cloud network to compete with large technology giants such as AWS and Google.