Impossible Cloud Raises $7.6m Strategic Round to Decentralized Cloud Services

Areta Advises Impossible Cloud on Strategic Round Financing

2023

Summary

Capital Raises
Fundraising

Impossible Cloud’s mission is to provide businesses with an enterprise-grade, decentralized cloud platform that delivers faster, more affordable, and more secure infrastructure solutions. The company’s web3-native architecture supports high durability and global performance without tokens or complex crypto-on-ramps. 

The funding round, co-led by 1kx and HV Capital, raised approximately €7 million (around USD $7.6 million) and included strategic participation from . The capital will fuel product development, global go-to-market expansion, and further development of the company’s multi-service cloud stack.

Areta acted as the exclusive financial advisor to Impossible Cloud, guiding the fundraising process, engaging strategic and institutional investors, and structuring the transaction to align with Impossible Cloud’s growth ambition and strategic roadmap.

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