Donut raises $7 million to build AI-driven crypto browser

2 weeks ago

Donut, a caller crypto-native browser purpose-built for autonomous agents, announced connected May 29 that it has secured $7 cardinal successful pre-seed backing to reimagine however users and AI interact with the decentralized web.

The circular was led by Hongshan (formerly Sequoia China), BITKRAFT Ventures, and HackVC, with further backing from Sky9 Ventures, Matrix Partners, Makers Fund, Altos Ventures, Orthogonal Ventures, Vessel Ventures, and SonicSVM.

The backing volition enactment Donut’s merchandise development, endowment recruitment, and aboriginal assemblage maturation arsenic it races to go the superior browsing furniture for crypto-native AI agents and users.

Unlike accepted browsers, which abstracted contented depletion from fiscal execution, Donut integrates crypto wallets, networks, and DEXs into a unified, programmable interface.

It allows users, and AI agents acting connected their behalf, to observe tokens, spot bets, swap assets, and gain output instantly from the browsing environment.

Donut laminitis and CEO Chris Zhu said:

“Traditional browsers weren’t built for crypto oregon agents. We’re rebuilding the front-end of the net to beryllium hyper-financialized, contextual, and agent-driven.”

Zhu antecedently worked crossed crypto and frontier exertion projects, and co-founded Mirror World, a Solana-based astute declaration gaming protocol. His caller task reflects a increasing content that crypto applications volition progressively trust connected agentic systems to navigate the complexity and velocity of onchain environments.

Donut’s browser is powered by an in-domain AI exemplary trained specifically for crypto contexts, supported by a swarm of autonomous browser agents.

These agents run via a headless browsing motor layered with the CodeAct model and MCP Client, allowing them to parse data, execute trades, oregon trigger astute declaration interactions astatine scale.

According to the company, these agents tin analyse information, simulate decisions, and transact, offloading the cognitive load from users successful fast-moving markets.

Tim Fan, Donut’s Chief Scientist and a erstwhile AI researcher astatine Carnegie Mellon University and Meta AI, volition pb the method leadership.

Fan said:

“Our imaginativeness is that agents — not radical — volition execute astir crypto transactions successful the future. We’re gathering the tools and infrastructure to marque that a reality.”

Donut positions itself astatine the intersection of respective emerging trends: agentic computing, headless execution, embedded finance, and autonomous marketplace participation.

In opposition to crypto wallets oregon trading dashboards that enactment arsenic discrete tools, Donut integrates these components into a real-time execution layer, turning browsing into a watercourse of opportunities for action.

The institution is actively hiring crossed research, design, and merchandise roles, including punctual engineers, AI scientists, graphic designers, and assemblage maturation leads. Open roles are listed connected Donut’s careers page, arsenic the squad looks to standard the merchandise up of a broader launch.

The station Donut raises $7 cardinal to physique AI-driven crypto browser appeared archetypal connected CryptoSlate.

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