Donut completed two rounds of financing totaling 22 million dollars within six months of its establishment and launched the world's first smart crypto browser for traders

Donut Labs announced that it has completed a total financing of $22 million in Pre-seed and Seed rounds within 6 months of its establishment, with investments from Sequoia China, BITKRAFT, Makers Fund, Sky9 Capital, MPCi, Altos Ventures, Hack VC, and support from ecosystem leaders such as Solana, Sui, and Monad, as well as core team members from Jupiter, Drift, and Manifold Trading. The funding will be used to create the AI agentic browser Donut Browser, designed specifically for trading.
Donut Labs stated that the company has garnered over 160,000 on its waitlist in the first quarter. Donut completes signal discovery, risk assessment, strategy generation, and on-chain execution within the browser through multi-model orchestration and real-time feedback loops. The product matrix covers Chrome extensions, Web, mobile, and a complete Chromium-based browser. CEO Chris Zhu stated that Donut aims to bring "a personal AI quant for every trader in the browser," reshaping the way users interact with the financial internet.