Dfinity, an American-Swiss startup, settled its foundation in Zug two years ago. It is developing an internet computer, or a blockchain supercomputer known as Blockchain 3.0, with the aim of facilitating decentralized execution of complex autonomous programmes.
“The internet computer is a public infrastructure designed to run the next generation of software and services,” explained Dfinity founder Dominic Williams in a statement.
Now, Dfinity has raised 102 million dollars in a financing round. Among the investors are Andreessen Horowitz’s fund a16z, which previously invested in Twitter, Airbnb and Buzzfeed, as well as the crypto-focused Polychain Capital.
The new investment brings Dfinity’s funding to 195 million dollars to date – capital the company plans to use to develop protocols for the new blockchain. It is also planning to open new development centres in the coming months, with one office destined for Zurich, according to the “Neue Zürcher Zeitung”. It is set to employ around a dozen people from October.
Dfinity currently has 40 employees, but this figure will double in the next few months, said Williams.
More News
Contact us
Can we put you in touch with a peer company or research institute? Do you need any information regarding your strategic expansion to Switzerland's technology and business center?
info@greaterzuricharea.com