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Pre-Seed Round

Funding Details

Unto Labs has raised $14.4 million in a pre-seed funding round to develop Thru, a next-generation layer-1 blockchain network designed to enhance the scalability and performance of distributed systems. The funding will support the company's research and development efforts in high-performance computing principles. Unto Labs aims to push the limits of distributed systems and achieve unprecedented scale through innovative blockchain technology. The company is positioned to compete with established blockchain networks like Solana by leveraging cutting-edge technology and innovative solutions.

Confidence Score
Data extraction confidence: 90%
Participating Investors

Electric Capital is a venture capital firm focused on investing in cryptocurrency and blockchain technology. They aim to support the next generation o...

Framework Ventures is a San Francisco-based, crypto-native venture firm focused on identifying and supporting innovative founders in the blockchain ec...

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