Impossible Cloud
Friesenweg 12, Haus 5, Hamburg, 22763, Germany
Overview
Impossible Cloud Network (ICN) is a permissionless, open Web3 cloud platform that aims to provide data-sovereign storage and compute as an alternative to hyperscalers. The platform powers over 1,000 enterprise customers and has delivered more than 80 PB of live storage across enterprise nodes in Europe and the United States, with a further 250 PB planned across three continents. ICN reports €5.9 million of ARR, a 2,000% year-over-year surge, and claims its decentralized architecture can be up to 80% more cost-effective than traditional hyperscalers. Its roadmap spans over 200 planned decentralized cloud services, expanding beyond storage into compute, AI inference, and edge networking. ICN has launched a native token, $ICNT, which is set to debut on multiple centralized exchanges including Binance, Bybit, Kraken, Bitget, Gate, KuCoin, Bitvavo, MEXC, and Bitpanda. Founded in 2024, the company’s founding team includes leaders with two prior nine-figure exits and holds over 20 patents in distributed-system design. Impossible Cloud offers a decentralized, multi-service cloud platform that provides enterprise-grade storage with an almost unlimited capacity, designed for 100% durability and 99.95% availability. The platform combines web3 infrastructure benefits with a fiat-based payment model tailored for B2B customers, removing the need to transact in tokens. It presents access to a global network of enterprise-grade storage hubs and emphasizes security and compliance, citing ISO27000 and SOC 2 Type II standards. The company plans to incorporate in the United States, build an elastic network of storage hubs, and expand platform capabilities. Impossible Cloud has already attracted interest from leading SaaS providers and potential customers as it prepares market entry for its cloud storage solution. Funding to date exceeds €10 million (approximately $10.9 million), including founders' capital.
- Total raised
- $41M
- Funding rounds
- 2
- Latest round
- Equity
- Latest activity
- Jul 2025
Industries
- Cloud Computing
- Cloud Storage
- Internet
- SaaS
- Security
- Software
- Web3
Recent funding
Equity
Jul 2025
$33M
Seed
Mar 2023
$7M