iroh is a new york based for profit with a convertible note from IPFS or rather protocol labs and open to more funding in the future.

it started as a fork of ipfs to implement another client and then adated to make more changes to it. the founders worked for a long time on the core of IPFS and now have their own take on it.

There is more nuance to it and where ppl come from and how they relate to web3, but thats the gist