AI-Powered Browser Agent Donut Labs Completes $15 Million Seed Round Funding, With Participation from Hack VC

BlockBeats News, November 3rd, Donut Labs has completed a $15 million seed round of financing, with investors including BITKRAFT, Makers Fund, Sky9 Capital, Altos Ventures, Hack VC, as well as some contributors to the Solana, Sui, and Monad ecosystems.

Over the past six months, Donut Labs has raised a total of $22 million through pre-seed and seed financing rounds.

Donut Labs is developing the Donut Browser, an AI-driven "autonomous agent" browser that can automatically execute crypto transactions, perform risk analysis, and implement on-chain strategies. These agents can analyze the market, assess risk, and execute on-chain transactions, even when users are offline. Currently, the product has attracted over 160,000 waitlisted users, demonstrating a strong demand in the market for AI-native trading tools amidst the rising DeFi transaction volumes.