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Donut Labs has raised $15 million in seed funding as it builds what it calls “an amount of AI in a browser.”
The funding came from investors such as BITKRAFT, Makers Fund, Sky9 Capital, Altos Ventures and Hack VC, alongside ecosystem contributors Solana, Sui and Monad, according to an emailed announcement on Monday.
The seed round comes less than six months after Donut Labs raised $7 million in pre-seed funding
Led by CEO Chris Zhu, Donut Browser said it aims to transform how users interact with the financial internet by embedding autonomous trading agents directly into the browsing experience. These agents analyze markets, calculate risk and execute onchain trades – even when users are offline.
The potential intersection of AI agents and blockchain technology is seen as a game changer by some observers in the crypto industry. Using smart contracts, self-custody and bridging different chains can be complex for humans, but an AI agent could be specifically customized to thrive in such an environment.
Donut, which has amassed more than 160,000 users on its waiting list, plans to use the funding to develop a monetizable agent browser capable of orchestrating real-time market intelligence and automated execution.
Donut’s rise comes amid rising decentralized trading volumes, with DeFi derivatives exceeding $1 trillion in monthly activity. Zhu said that Donut is “redefining commerce as something as natural as typing – a browser where your AI quant works for you, 24/7”.
