UWhat Unto Labs does: It is building a Layer 1 blockchain that aims to scale and be easier for developers to use. How the product works: It includes ThruVM, a virtual machine built on the RISC-V instruction set, allowing smart contracts to be written in languages outside crypto-specific code, and it applies high-performance computing ideas to speed up transactions. How it stands out: The team brings experience from Solana and Firedancer, and the design combines a ground-up blockchain with a RISC-V VM to improve speed and developer accessibility. The goal: to support millions of daily active users and provide a scalable, efficient platform for decentralized applications, with funding in 2025 to grow the team and push forward the Thru blockchain and ThruVM.
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Industries
Company Size
1-10
Company Stage
Early VC
Total Funding
$14.4M
Headquarters
San Francisco, CA
Founded
2024
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Total Funding
$14.4M
Above
Industry Average
Funded Over
1 Rounds
Unto Labs has secured $3.3 million in seed funding to advance their work in distributed systems. The company may be interested in areas such as research and development, tech solutions, scientific equipment, healthcare innovations, and data analysis services.
Unto Labs has raised $14.4 million in a combined pre-seed and seed funding round, led by Electric Capital and Framework Ventures.
Unto Labs announced the completion of a $14.4 million financing round led by Framework Ventures and Electric Capital, with a valuation of $140 million. Unto is developing its own blockchain and proprietary virtual machine ThruVM, based on the RISC-V architecture, aimed at improving compatibility with traditional hardware and lowering the entry barriers for non-encryption developers. The funds will be used to expand the team and accelerate product development.
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Industries
Company Size
1-10
Company Stage
Early VC
Total Funding
$14.4M
Headquarters
San Francisco, CA
Founded
2024
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs