Thru is a Layer 1 blockchain project from Unto Labs focused on ultra-fast transactions and low latency. It runs on ThruVM, a custom virtual machine built on the RISC-V instruction set, and enables developers to write on-chain programs in C, C++, Rust or any LLVM-supported language. The project is in an Alphanet phase and is being developed in stealth, with public-facing docs and an explorer available online. Founding leadership includes Liam Heeger, previously a core engineer at Jump Crypto, and Will Yoo, who joined Heeger in San Francisco in January 2025 to co-found Unto Labs. The company and its founders were involved in a legal dispute with Jump Crypto that was settled in February 2025; reporting also references an alleged earlier $2.5M raise and $50M valuation claimed by Jump Crypto. No revenue, user, or other financial metrics were disclosed in the reporting.

Total raised

$14M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2026