Donut, a brand new crypto-native browser purpose-built for autonomous brokers, introduced on Might 29 that it has secured $7 million in pre-seed funding to reimagine how customers and AI work together with the decentralized internet.
The spherical was led by Hongshan (previously Sequoia China), BITKRAFT Ventures, and HackVC, with further backing from Sky9 Ventures, Matrix Companions, Makers Fund, Altos Ventures, Orthogonal Ventures, Vessel Ventures, and SonicSVM.
The funding will assist Donut’s product improvement, expertise recruitment, and early neighborhood progress because it races to change into the first looking layer for crypto-native AI brokers and customers.
Not like conventional browsers, which separate content material consumption from monetary execution, Donut integrates crypto wallets, networks, and DEXs right into a unified, programmable interface.
It permits customers, and AI brokers performing on their behalf, to find tokens, place bets, swap property, and earn yield immediately from the looking atmosphere.
Donut founder and CEO Chris Zhu stated:
“Conventional browsers weren’t constructed for crypto or brokers. We’re rebuilding the front-end of the web to be hyper-financialized, contextual, and agent-driven.”
Zhu beforehand labored throughout crypto and frontier know-how initiatives, and co-founded Mirror World, a Solana-based sensible contract gaming protocol. His new enterprise displays a rising perception that crypto functions will more and more depend on agentic methods to navigate the complexity and pace of onchain environments.
Donut’s browser is powered by an in-domain AI mannequin skilled particularly for crypto contexts, supported by a swarm of autonomous browser brokers.
These brokers function by way of a headless looking engine layered with the CodeAct framework and MCP Consumer, permitting them to parse information, execute trades, or set off sensible contract interactions at scale.
In keeping with the corporate, these brokers can analyze data, simulate choices, and transact, offloading the cognitive load from customers in fast-moving markets.
Tim Fan, Donut’s Chief Scientist and a former AI researcher at Carnegie Mellon College and Meta AI, will lead the technical management.
Fan stated:
“Our imaginative and prescient is that brokers — not individuals — will execute most crypto transactions sooner or later. We’re constructing the instruments and infrastructure to make {that a} actuality.”
Donut positions itself on the intersection of a number of rising tendencies: agentic computing, headless execution, embedded finance, and autonomous market participation.
In distinction to crypto wallets or buying and selling dashboards that act as discrete instruments, Donut integrates these elements right into a real-time execution layer, turning looking right into a stream of alternatives for motion.
The corporate is actively hiring throughout analysis, design, and product roles, together with immediate engineers, AI scientists, graphic designers, and neighborhood progress leads. Open roles are listed on Donut’s careers web page, because the staff appears to be like to scale the product forward of a broader launch.
