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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 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.
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Total Funding
$14.4M
Above
Industry Average
Funded Over
1 Rounds
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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
Data & Analytics
Crypto & Web3
Company Size
1-10
Company Stage
Early VC
Total Funding
$14.4M
Headquarters
San Francisco, California
Founded
2024
Find jobs on Simplify and start your career today