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Unto Labs

High-performance Layer 1 blockchain with ThruVM

Overview

What 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.

Significant Headcount Growth

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About Unto Labs

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

Industries

Data & AnalyticsCrypto & Web3

Company Size

1-10

Company Stage

Early VC

Total Funding

$14.4M

Headquarters

San Francisco, CA

Founded

2024

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Simplify Jobs

Simplify's take

What believers are saying

  • Unto Labs is hiring Product Engineer, General Counsel, and Marketing Lead in 2026.
  • The company still shows active developer infrastructure: APIs, SDKs, CLI, and explorer tools.
  • Unto Labs raised $14.4 million in 2025, giving runway to ship Thru mainnet.

What critics are saying

  • Thru remains in Alphanet in 2026; mainnet timing is still unconfirmed.
  • Jump's dismissed lawsuit leaves founder baggage that can scare enterprise partners.
  • Solana, Sui, and Aptos already command developer mindshare; Thru risks irrelevance before launch.

What makes Unto Labs unique

  • ThruVM uses RISC-V, letting developers write in C, C++, and Rust.
  • Liam Heeger brings Firedancer performance experience from Jump Crypto and Solana.
  • Unto Labs targets leaderless consensus and variable block times for higher throughput.

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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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