Donut Labs has raised $15 million in seed funding to build what it calls “in-browser AI quant.”
The funding was provided by investors including BITKRAFT, Makers Fund, Sky9 Capital, Altos Ventures, and Hack VC, as well as backers from the Solana, Sui, and Monad ecosystems, according to an email announcement Monday.
Seed round comes less than six months after Donut Labs raised $7 million in pre-seed funding
Doughnut Browser, led by CEO Chris Zhu, said it aims to transform the way users interact with the financial internet by embedding autonomous trading agents directly into the browsing experience. These agents analyze the market, calculate risks, and execute on-chain transactions even when users are offline.
The potential intersection of AI agents and blockchain technology is seen as a game-changer by some observers of the cryptocurrency industry. While using smart contracts, self-custody, and bridging different chains may be complex for humans, AI agents can be specifically customized to thrive in such environments.
Donut, which has more than 160,000 users on its waiting list, plans to use the funding to develop a monetizable agent browser that can orchestrate real-time market intelligence and automated execution.
Donut’s rise comes as monthly trading volume in DeFi derivatives exceeds $1 trillion and decentralized trading volume soars. Zhu said Donut is “redefining trading as something as natural as typing – a browser with AI quants working 24/7.”
