ZUG, Switzerland, May 22nd, 2025, Chainwire
Impossible Cloud Network wins investment from Helium backer NGP Capital to expand decentralized cloud services
Impossible Cloud Network (ICN), Web3’s leading decentralized cloud network, is announcing a new investment from NGP Capital, the venture capital firm that invested in Helium, is backed by telecommunications giant Nokia, and has just valued ICN at $470 million.
Led by tech entrepreneur Kai Wawrzinek, founder of NASDAQ Unicorn Goodgame Studios, ICN is meeting increasing demand for data-sovereign cloud solutions. The funding round from NGP has attracted substantial interest from Web2 leaders keen to expand into this growing sector.
Commenting on this significant milestone, Wawrzinek says: “With NGP Capital, we’ve found a perfect partner with deep expertise in cloud and edge computing that can advise on large-scale infrastructure projects. We are thrilled to be partnered with an investor who believes in ICN’s vi
We współpracy z: https://cryptodaily.co.uk/2025/05/renowned-tech-vc-backs-web3-project-at-470m-valuation
