May 29, 2025 – Donut, the pioneering agentic crypto browser designed to unify wallets, networks, and DEXs for the age of AI and on-chain financial actions, today announced the successful completion of its $7 million pre-seed funding round. The round was led by prominent venture capital firms Hongshan (formerly Sequoia CN), BITKRAFT, and HackVC, with significant participation from Sky9 Ventures, Matrix Partners, Makers Fund, Altos, Orthogonal Ventures, Vessel Ventures, and SonicSVM.
This substantial investment will fuel Donut's mission to become the first and leading agentic crypto browser and the next-generation order flow solution. Built on the Solana blockchain, Donut aims to reconstruct the internet's front-end to be hyperfinancialized for AI agents, fundamentally changing how users interact with the crypto ecosystem.
"We’re grateful to our investors for sharing our vision," stated Donut founder & CEO Chris Zhu. "With their backing, we are reconstructing the front-end of the internet to be hyperfinancialized for the AI-agents. The traditional browser has not changed for 30+ years, and we get to re-architect everything.”
The First Agentic Crypto Browser: Merging Information with Action
Traditional browsers create a disconnect between information retrieval and financial execution. Donut bridges this gap by incorporating a range of decentralized tools into a single, intelligent agentic interface. This allows users to seamlessly follow the latest tokens, instantly trade, place bets, execute complex trades, and earn yield—all without leaving the page.
Donut’s Chief Scientist, Tim Fan, a former CMU and Meta AI researcher, elaborated on the technical vision: “Our vision is for crypto executions to be completed by agents. In order to do that, we are building the best in-domain model and a swarm of browser agents across complex environments. Our browser and extensions will be where the agents live.”
Donut is the first crypto agentic browser powered by a best-in-class crypto in-domain model and a sophisticated swarm of browsing agents. Leveraging the CodeAct framework, MCP Client, and headless browser automation, these agents can track new tokens, execute trades, swap tokens, place bets, or optimize for yield opportunities in real-time. By hosting a wallet, a network, and a DEX within its unified interface, Donut is reimagining the largest front-end in crypto.
"While others automate clicks, we automate capital," the Donut team emphasized. Their platform is designed to understand context like token charts and volatility, wallet risks, and alpha tracking, allowing users to act on insights instantly. For example, users can hover over a token to see micro-charts and holder activity, or simply type "/swap 100 USDC to SOL" to execute a trade. Donut will also support features like setting limit orders.
To further enhance its capabilities on Solana, Donut will be strategically partnering with Sendaifun to build out its agentic extension ecosystem.
Scaling the Vision: Building for Speed, Context, and Action
Donut is rethinking the browser for the modern internet—one that is fast, contextual, and built for immediate action. The team believes users shouldn’t just consume information; they should be empowered to transact, trade, and earn directly on the internet.
To accelerate the development of these innovative features and foster community growth, Donut is actively recruiting for roles including product managers, prompt engineers, AI researchers, video editors, graphic designers, and illustrators. Interested candidates can apply via the company’s careers page on their website.
A Team of Experts Driving Innovation
Donut Labs, the New York-based team behind Donut, brings together exceptional talent from leading technology and AI companies such as Meta AI, TikTok AI, Tencent AI, Primodium, SonicSVM, and Sahara AI. The team is further supported by esteemed advisors like NYU Stern Professor Xi Chen, an expert in Statistics, Machine Learning, and DeFi. This combined expertise in AI and cryptocurrency underpins Donut’s ambition to become the default execution layer for the rapidly expanding on-chain economy.
Donut is poised to redefine how users and AI agents interact with the world of crypto. Interested users are invited to join the waitlist today at https://donutbrowser.ai/ to be among the first to experience the future of crypto browsing.
About Donut Labs:
Donut Labs is the New York-based company building Donut, the world's first Agentic Crypto Browser. Designed for the age of AI agents and on-chain financial actions, Donut combines DEXs, wallets, and networks into a seamless interface, allowing users to transact, trade, and earn directly within the browser.
For more information, visit https://donutbrowser.ai/ or follow @DonutBrowser on X.
Compiled by CMO Intern team