what's Unto Labs?
Unto Labs is a blockchain development company focused on creating high-performance infrastructure for decentralized applications. Founded in late 2024 by Liam Heeger, a former core engineer at Ethereum and Solana, and Will Yoo, the company aims to overcome limitations of existing network-specific virtual machines by developing ThruVM, a novel virtual machine based on the RISC-V architecture. This approach enables better compatibility with standard hardware and attracts non-crypto native developers, fostering broader adoption of blockchain technology. The company's flagship project is Thru, a next-generation layer-1 blockchain designed for extreme scalability and performance, targeting parity with global-scale applications. By leveraging RISC-V, ThruVM allows for efficient execution of smart contracts while maintaining security and decentralization. Unto Labs has assembled a team from top organizations like Meta, Citadel, and Jump Crypto, emphasizing innovation in distributed systems at the physical boundaries of networks.
Unto Labs operates a 400 Gbps internal network for testing and identifying networking bugs.
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x.com/untolabsOperates an internal network running at 400 Gbps for testing and identifying networking bugs.
Framework Ventures leads $14.4M investment round for L1 blockchain development.
$14.4M raised from Framework Ventures and Electric Capital in latest funding round.