DFINITY was founded by Dominic Williams in October 2016 and registered as a non-profit foundation in Zug, Switzerland. In 2017, the development of Internet Computer was crowdfunded by hundreds of blockchain enthusiasts and notable early Ethereum supporters. In 2018, prominent venture capital firms such as Andreessen Horowitz, Polychain Capital, SV Angel, Wanxiang Blockchain, Fenbushi Capital, SNZ Holdings, Aspect Ventures, Electric Capital, Scalar Capital, and Multicoin Capit