Donut Labs has raised $15 million in seed funding to build what it calls “an AI quant in a browser.”
Funding came from investors including BITKRAFT, HSG, Makers Fund, Sky9 Capital, Altos Ventures and Hack VC, alongside contributors from the Solana, Sui and Monad ecosystems, according to an emailed announcement 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 the way users interact with the financial internet by integrating autonomous sales agents directly into the browsing experience. These agents analyze markets, calculate risks, and execute trades on-chain, even when users are offline.
The potential intersection of AI agents and blockchain technology is considered a game changer by some crypto industry observers. Using smart contracts, self-custody, and linking different chains can be complex for humans, but an AI agent could be customized specifically to thrive in such an environment.
Donut, which has more than 160,000 users on its waitlist, plans to use the funding to develop a monetizable agent browser capable of orchestrating real-time market insights and automated execution.
Donut’s rise comes amid rising decentralized transaction volumes, with DeFi derivatives surpassing $1 trillion in monthly activity. Zhu said Donut “redefines trading as something as natural as typing – a browser where your AI quant works for you, 24/7.”
UPDATE (November 3, 2025, 5:50 p.m. UTC): Adds HSG to investor list.
