Unto Labs

Unto Labs

High-performance Layer 1 blockchain with ThruVM

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 & Analytics

Crypto & Web3

Company Size

1-10

Company Stage

Early VC

Total Funding

$14.4M

Headquarters

San Francisco, California

Founded

2024

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.

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Simplify's Take

What believers are saying

  • RISC-V adoption accelerates, with SP1 achieving 10x faster proving times.
  • Firedancer hits 1M TPS, enabling ThruVM similar benchmarks by Heeger.
  • $14.4M funding from Framework Ventures doubles team to 10 engineers.

What critics are saying

  • Solana's Firedancer delivers 1M+ TPS, surpassing Thru's unproven claims.
  • Sui's RISC-V VM captures non-crypto developers before Thru launch.
  • $14.4M burns in 18 months without mainnet revenue, forcing downround.

What makes Unto Labs unique

  • ThruVM uses RISC-V architecture for non-crypto developer accessibility.
  • Liam Heeger applies Firedancer expertise to high-performance Thru blockchain.
  • Built from ground up with high-performance computing for scalability.

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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

LeadsOnTrees
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.

QUANTBASE PTE. LTD.
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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