I
icn.global
Impossible Cloud Network (ICN) is an open operating system and community-driven platform for cloud infrastructure
About icn.global
Impossible Cloud Network (ICN) is a decentralized cloud platform positioning itself as an alternative to centralized hyperscalers like Amazon Web Services and Google Cloud. The company was formally established approximately three years ago after extensive research into the cloud and blockchain industries. It was co-founded by Dr. Kai Wawrzinek and Dr. Christian Kaul. Dr. Wawrzinek is a serial entrepreneur with a PhD in Law who previously founded Goodgame Studios, a gaming company he grew to over 1,000 employees and more than €1 billion in revenue before taking it public on the NASDAQ. This experience, along with insights from tech leaders, shaped his vision for a decentralized cloud infrastructure built on existing global hardware, incentivized by crypto.
Read full description
The core of ICN's business is a decentralized physical infrastructure network (DePIN) that connects hardware providers with service providers and developers. This model creates a marketplace where those with spare enterprise-grade computing resources (storage, GPUs, CPUs) can offer them to those who need to build and deliver cloud services, such as AI applications, gaming platforms, and enterprise software. The platform aims to provide services that are up to 80% more cost-effective than traditional providers while ensuring data sovereignty, security, and high performance. Revenue is generated through this marketplace, and as of early 2024, the company had achieved millions in contract revenues from thousands of B2B clients.
ICN's product is a multi-service, permissionless, and composable cloud infrastructure that integrates storage, compute, and networking. Its architecture is designed to be resilient, with no single point of failure, and allows developers to deploy resources globally without the constraints of centralized data centers. The network's integrity and performance are maintained by SLA (Service Level Agreement) Oracles, which are monitoring nodes that ensure reliability. The ecosystem is powered by its native token, $ICNT, which is used for payments, staking for network security, and rewarding participants. As of July 2025, ICN reported having secured €28.8 million in total venture funding, reaching a post-money valuation of over €398 million, with plans to expand its live storage capacity significantly across multiple continents.
Latest news
Press, funding announcements and product moves mentioning icn.global.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Jul 2025 | $32M | $438M | No Limit Holdings · HV Capital · Protocol Labs · 1kx | ↗ |
Growth signals
Latest recorded traffic for icn.global is 4.7K monthly website visits, down 57.3% over the last three months. icn.global's team declined 18.8% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
KostangoKostango is the digital low-code solution to modernise business tools and automate processes |
Paris, France | Operational | 15 | — | — |
RETAILIGENCEOther B2B Software |
London, United Kingdom | Operational | |||
Jonas Club SoftwareOther B2B Software |
Markham, Canada | Operational | |||
Osmodal GroupOsmodal – Value in Motion |
Sydney, Australia | Operational | |||
CiaoworkA platform to create flexible and hybrid workspaces |
Amsterdam, Netherlands | Closed | |||
CopiaCopia Automation provides modern developer tools for industrial automation, including Git-based source control for PLC programming |
New York City, United States | Operational | |||
Shipshape SolutionsMarketing |
Zagreb, Croatia | Operational | |||
O4studioGame design and development studio creating interactive experiences |
— | Operational |
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A5 investors entered at this stage
NGP Capital
No Limit Holdings
HV Capital
Protocol Labs
1kx
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about icn.global on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See icn.global’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.







