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Dfinity raises $102 million

By TechTaffy Desk

Crypto platform startup Dfinity has raised $102 million in funding. Returning investors Polychain Capital and Andreessen Horowitz (deploying capital from their a16z crypto fund) were joined by SV Angel, Aspect Ventures, Village Global, Multicoin Capital, Scalar Capital, Wanxiang Blockchain, and Amino Capital in the investment.

Dfinity aims to build what the company dubs a “NASA for decentralization” to stand behind the project they are developing – the “Internet Computer.” The company is building a new kind of public decentralized cloud computing resource, says Dfinity. “This rests upon a new blockchain computer that is similar in concept to Ethereum but has vastly improved performance and, ultimately, unlimited capacity,” according to the company website.

Read the blog post by Dominic Williams, president/chief scientist of Dfinity, talking about the funding here: https://medium.com/dfinity/dfinitys-presale-round-completed-238da6b42fa1

[Image courtesy: Dfinity]

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