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Blockchain company Unto Labs completes $14.4 million in financing, led by Framework Ventures and Electric Capital
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Unto Labs, a crypto company founded by former Jump Crypto employees, completed a $14.4 million funding round led by Framework Ventures and Electric Capital, with a valuation of $140 million, according to Fortune Magazine. Heeger is developing its own virtual machine ThruVM for the planned Unto blockchain, which will use RISC-V. Unto Labs will use the round to recruit more employees, hoping to expand the team size from five to 10 by the end of the year.
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