Impossible Cloud Network
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Impossible Cloud Network - overview
Established
2024
Location
Zug, -, Switzerland
Primary Industry
Software
About
Based in Switzerland, Impossible Cloud Network delivers a decentralized cloud ecosystem designed to enhance scalability and reliability for various sectors, including AI and gaming. Impossible Cloud Network (ICN) is a company founded in 2024 in Zug, Switzerland, specializing in decentralized cloud solutions. The company has engaged in one deal, with the most recent funding round occurring on May 22, 2025, led by NGP Capital, which has contributed to a total company valuation of USD 470. 00 mn.
Impossible Cloud Network (ICN) specializes in delivering a decentralized cloud ecosystem characterized by its composable architecture and high-performance services. The core product offerings include Hypernodes, which operators can manage to secure the network's hardware resource layer, and a protocol called ICNP that integrates heterogeneous hardware to enhance scalability and reliability. Targeted primarily towards sectors such as artificial intelligence, gaming, and enterprise applications, ICN aims to provide an alternative to traditional cloud services dominated by major players like Amazon Web Services (AWS). The services are designed to cater to a diverse client base, including individual developers, enterprises, and hardware providers across global markets such as North America, Europe, and Asia.
With an emphasis on community involvement, users can contribute to the network and create innovative cloud services tailored to their specific needs. ICN generates revenue through a multi-faceted transactional structure involving partnerships with hardware providers and service users. Users of the platform can stake their ICN Link NFTs to operational Hypernodes, thereby earning ICNT tokens as rewards for network verifications. The company establishes a transparent marketplace where hardware providers contribute enterprise-grade resources—such as GPUs and NVMe storage—while receiving compensation based on the services they provide.
The revenue model is designed to incentivize participation from various stakeholders, including builders who create and sell cloud services. The transactional framework facilitates business-to-business interactions, promoting a collaborative environment in which network participants can thrive while leveraging ICN's technology. In May 2025, Impossible Cloud Network raised an undisclosed amount of venture funding from new investor NGP Capital. The company plans to utilize this funding to develop and launch new products, focusing on enhancing their existing infrastructure and expanding their market reach into regions such as Asia and North America by late 2025.
This strategy aims to strengthen their position in the decentralized cloud market while introducing innovative services that meet the evolving needs of their clients.
Current Investors
NGP Capital
Primary Industry
Software
Sub Industries
Analytics & Performance Software
Website
www.icn.global
Verticals
Blockchain, Cloud Computing
Company Stage
Early Stage
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.