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Donut Labs Raises $15M Seed Funding to Build AI-Powered Crypto Trading Browser

CoinDesk
Donut Labs secured $15 million in seed funding to develop an AI-powered browser with autonomous trading agents.

Summary

Donut Labs has raised $15 million in seed funding, adding to a previous $7 million pre-seed round, bringing its total raised in six months to $22 million. Led by CEO Chris Zhu, the company is building an "AI quant inside a browser" designed to transform financial internet interaction by embedding autonomous trading agents. These agents analyze markets, calculate risk, and execute on-chain trades, even when users are offline. Investors include BITKRAFT, Makers Fund, Sky9 Capital, Altos Ventures, and Hack VC, along with contributors from Solana, Sui, and Monad ecosystems. Donut Labs plans to use the capital to develop a monetizable agentic browser capable of orchestrating real-time market intelligence and automated execution, aiming to make trading feel as natural as typing.

(Source:CoinDesk)