
Unto Labs
High-performance Layer 1 blockchain for extreme scalability.
Date | Investors | Amount | Round |
---|---|---|---|
* | $14.4m Valuation: $140m | Early VC | |
Total Funding | 000k |
Unto Labs is a technology company developing a high-performance Layer 1 blockchain designed for scalability and developer accessibility. The company was founded in 2024 by Liam Heeger, a former core engineer at Jump Crypto and Solana, and Will Yoo, and is headquartered in San Francisco, CA. Heeger was a key developer on Jump Crypto's Firedancer project, which significantly improved network performance for the Solana blockchain.
The company's core focus is building a new blockchain from the ground up, including a unique virtual machine called ThruVM. This virtual machine is based on the RISC-V architecture, an open standard instruction set, which aims to make the blockchain more accessible to developers who are not native to crypto-specific programming languages. By applying high-performance computing principles, Unto Labs seeks to overcome the limitations of current distributed systems to achieve greater transaction speeds and computational power. The ultimate goal is to create a more efficient and scalable blockchain solution capable of supporting millions of daily active users.
In April 2025, Unto Labs secured $14.4 million in a funding round led by Framework Ventures and Electric Capital, which valued the company at $140 million. The capital is intended to expand the team, with plans to double its staff to accelerate the development of the Thru blockchain and the ThruVM.
Keywords: Layer 1 blockchain, ThruVM, RISC-V architecture, high-performance computing, distributed systems, blockchain scalability, developer accessibility, decentralized applications, crypto infrastructure, Framework Ventures, Electric Capital, Liam Heeger, Will Yoo, Firedancer, consensus mechanisms, virtual machine