TechFlow news, November 3 — According to CoinDesk, Donut Labs announced it has raised a total of $22 million in pre-seed and seed funding within six months of its founding. The round was backed by Sequoia China, BITKRAFT, Makers Fund, Sky9 Capital, MPCi, Altos Ventures, Hack VC, and supported by ecosystem leaders including Solana, Sui, and Monad, as well as core team members from Jupiter, Drift, and Manifold Trading. The funds will be used to build Donut Browser, an AI agentic browser built specifically for trading.
Donut Labs said it has already gathered over 160,000 users on its waitlist in the first quarter. Leveraging multi-model orchestration and real-time feedback loops, Donut enables signal discovery, risk assessment, strategy generation, and on-chain execution directly within the browser. Its product suite includes Chrome extensions, web, mobile apps, and a full Chromium-based browser. CEO Chris Zhu stated that Donut aims to bring a "personal AI quant in the browser" to every trader, redefining how users interact with financial internet.
