Unto Labs

Unto Labs

High-performance Layer 1 blockchain with ThruVM

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.

Significant Headcount Growth

About Unto Labs

Simplify's Rating
Why Unto Labs is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

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

  • April 2025 raised $14.4 million at $140 million from Framework and Electric.
  • June 2026 careers pages show active hiring across engineering, legal, and marketing.
  • July 2026 manifesto says Thru launches with developer tools, DeFi primitives, and Rust support.

What critics are saying

  • Unto still lacks a public mainnet, exposing it to execution slippage through 2026.
  • RISC-V and performance claims face direct competition from Solana, Ethereum, and emerging L1s.
  • A small team, even after hiring, leaves Unto vulnerable to founder dependence and key-person loss.

What makes Unto Labs unique

  • Liam Heeger’s Firedancer experience gives Thru credibility on extreme blockchain performance.
  • ThruVM implements open RISC-V, supporting Rust, C, and C++ without custom compilers.
  • Unto targets base-layer scale with bigger accounts, transactions, blocks, and hardware-aware runtime.

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Funding

Total Funding

$14.4M

Above

Industry Average

Funded Over

1 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

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

Leads on Trees
May 20th, 2025
Unto Labs Secures $3.3M for R&D

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.

Holder.io
May 1st, 2025
Unto Labs Secures $14.4 Million to Compete with Solana

Unto Labs has raised $14.4 million in a combined pre-seed and seed funding round, led by Electric Capital and Framework Ventures.

Cointime
Apr 29th, 2025
Unto Labs Completes $14.4 Million Funding - Cointime

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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