.png)
4 days ago
3
Donut Labs has now raised $22 million across a pre-seed and seed funding round in the last six months.
Nov 3, 2025, 3:12 p.m.
Donut Labs has raised $15 million in seed funding as it builds what it calls "an AI quant inside a browser."
The funding came from investors such as BITKRAFT, Makers Fund, Sky9 Capital, Altos Ventures and Hack VC, alongside contributors from Solana, Sui and Monad ecosystems, according to an emailed announcement on Monday.
The seed round comes less than six months after Donut Labs raised $7 million in pre-seed funding
Led by CEO Chris Zhu, Donut Browser said it aims to transform how users interact with the financial internet by embedding autonomous trading agents directly into the browsing experience. These agents analyze markets, calculate risk and execute onchain trades — even while users are offline.
The potential intersection of AI agents and blockchain technology is seen as a game changer by some observers in the crypto industry. Using smart contracts, self custody and bridging different chains may be complex for humans, but an AI agent could be customized specifically to thrive in such an environment.
Donut, which has amassed more than 160,000 users on its waitlist, plans to use the funding to develop a monetizable agentic browser capable of orchestrating real-time market intelligence and automated execution.
Donut’s rise comes amid surging decentralized trading volumes, with DeFi derivatives surpassing $1 trillion in monthly activity. Zhu said Donut is "redefining trading as something as natural as typing — a browser where your AI quant works for you, 24/7."
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
OwlTing: Stablecoin Infrastructure for the Future
Stablecoin payment volumes have grown to $19.4B year-to-date in 2025. OwlTing aims to capture this market by developing payment infrastructure that processes transactions in seconds for fractions of a cent.
More For You
Tharimmune Stock Gains 30%, on $540M Capital Raise to Build Canton Coin Treasury Strategy
The nanocap biotech firm is pivoting into digital assets with a $540 million raise to build a canton coin–based treasury, backed by DRW and Liberty City Ventures.
What to know:
- Tharimmune raised $540 million in a private placement led by DRW and Liberty City Ventures to launch a canton coin–based treasury strategy.
- The Canton Foundation and major firms including ARK Invest, Kraken, Polychain Capital, and Tradeweb joined the round.
- The move makes Tharimmune the first public company aligned with the Canton Network, as it shifts toward operating validators and building institutional blockchain infrastructure.
