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Overview
Unto Labs develops a high-performance Layer 1 blockchain designed for scalability and developer accessibility. It includes ThruVM, a virtual machine built on the open RISC-V instruction set, allowing developers to write smart contracts in languages not tied to crypto-specific code and applying high-performance computing ideas to boost throughput. The team carries experience from Solana and Firedancer, and combines a ground-up blockchain design with a RISC-V VM to improve speed and developer usability compared with existing chains. Its goal is to support millions of daily active users with an efficient, scalable platform for decentralized applications.
About Unto Labs
Industries
Data & Analytics
Crypto & Web3
Company Size
1-10
Company Stage
Early VC
Total Funding
$14.4M
Headquarters
San Francisco, California
Founded
2024
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Simplify's Take
What believers are saying
- Unto Labs raised $14.4 million on April 29, 2025, at $140 million valuation.
- The company posted open engineering and commercial roles in San Francisco in 2026.
- Unto's website says it is building at distributed systems' physical limits, signaling active development.
What critics are saying
- Jump Trading sued Liam Heeger in Northern District of Illinois on January 22, 2025.
- Unto had no revenue in April 2025 and still depends on capital.
- Solana and Ethereum already dominate developers, liquidity, and distribution.
What makes Unto Labs unique
- Liam Heeger, ex-Jump Crypto and Firedancer, brings rare Solana-performance expertise.
- ThruVM uses RISC-V, lowering barriers for Rust and C++ developers.
- Unto builds a full Layer 1 from scratch, not an incremental appchain.
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Funding
Total Funding
$14.4M
Above
Industry Average
Funded Over
1 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
Flexible Work Hours
Company Equity
Conference Attendance Budget
Professional Development Budget
Home Office Stipend
Company News
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.
Unto Labs is Hiring for 3 Jobs on Simplify!
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About Unto Labs
Industries
Data & Analytics
Crypto & Web3
Company Size
1-10
Company Stage
Early VC
Total Funding
$14.4M
Headquarters
San Francisco, California
Founded
2024
Unto Labs is Hiring for 3 Jobs on Simplify!
Find jobs on Simplify and start your career today