Donut Labs, the company behind the world’s only agentic crypto browser, Donut Browser, announced today that it has raised an impressive $22 million across pre-seed and seed rounds since the company started 6 months ago to build the only AI browser for built for trading.
The two consecutive rounds saw participations from BITKRAFT, Makers Fund, HSG, Sky9 Capital, MPCi, Altos Ventures, Hack VC, and more, with contributions from industry leaders from Solana, Sui, Monad, and core team from Jupiter, Drift, DeFi App, Manifold Trading, and more. Donut’s investors have invested in the likes of Manus, Fellou, Genspark, Sahara, Sui, 0G and more.
Donut Browser: The Future of AI-Powered Trading
“Donut is your personal AI quant inside a browser — and the next generation of AI-powered trading terminal,“ Donut’s Founder & CEO Chris Zhu said. “Donut Agents in your browser will find better trades across any website, calculate risks before you place any order and generate great returns on-chain for you even while you sleep. We want to re-define how users interact with the financial internet.”
The core team of Donut has been building in AI for many years before falling in love with crypto. The team raised $22M to fuel product and ecosystem work after seeing strong demand for the browser with 160k+ waitlists in the first quarter of the company. Their funds will go towards developing the first monetizable agentic browser.
Under the hood, Donut built a multi-model orchestration for routing, planning and execution, a real-time critic loop, on-chain-grounded prompt benchmarks, and an API-first data and audit stack. Donut’s product suite covers Chrome extension, webapp, mobile app and a Chromium core Browser.
The Growing Landscape of On-Chain Trading
Over the past two years, decentralized finance has re-accelerated: the number of DeFi apps has surged, and daily on-chain spot volume is now over 20 billion across DEXs. In derivatives, on-chain perpetuals surpassed $1 trillion in monthly trading volume for the first time in September 2025—about three times higher than early-year levels—signaling a decisive shift toward DeFi and on-chain trading. Yet structural risks remain: information quality is uneven, sophisticated market makers routinely capture retail flow, and ad-hoc trading plans continue to erode individual traders‘ P&L。
Revolutionizing Trader Capabilities
“The next frontier of trading AI needs context for personalization, domain-specific knowledge and training data on execution, but is severely constrained. Browsers provide the necessary contexts and act as a great Reinforcement Learning environment for DeFi agents,” said Chris Zhu. “With Donut, traders level up with their own quant to discover signals, analyze charts, generate code-based strategies, and automate execution — all within one surface. Trading should be as natural as typing — trade even while you sleep.”
About Donut
Donut Labs is the team behind Donut Browser, based in New York. The founding team brings together talent from top-tier companies, including Meta AI, TikTok AI, Tencent AI, Primodium, SonicSVM, Sahara AI, and more, alongside advisors like NYU Stern Professor Xi Chen (NYU Stern Statistics, Machine Learning, and DeFi) and Ex-Meta AI researcher Tim Fan. Their combined expertise in AI and crypto underpins Donut’s ambition to become the default execution layer for the on-chain economy.