Donut Labs raises $7M to launch first ‘agentic’ crypto browser

Donut’s AI agents understand page intent and autonomously execute blockchain transactions for token swaps, yield farming or portfolio optimization.

New York-based Donut Labs has raised $7 million in a pre-seed funding round to build what it claims will be the world’s first “agentic” crypto browser, a tool using artificial intelligence to help users interact with blockchain-based applications.

The round was led by Sequoia, Bitkraft and HackVC, with participation from angel investors including Solana and other ecosystem leaders, such as Matrix Partners, Sky9 Ventures, Makers Fund and SonicSVM.

The $7 million will support the development of Donut, an executable crypto browser powered by artificial intelligence agents, with a native cryptocurrency wallet and decentralized exchange integration, decentralized network access and onchain execution.

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