Donut Secures $7 Million Pre-Seed Funding to Revolutionize Crypto Browsing
Donut, an innovative crypto browser with a strong focus on agentic AI technology, has successfully raised $7 million in a pre-seed funding round. This significant financial boost has been supported by notable partners such as Hongshan, BITKRAFT, and HackVC, among others. The news was confirmed by reports obtained by Finbold on Thursday, May 29.
Empowering a New Era of Crypto Browsing
The fresh capital injection is set to propel Donut’s ambitions to develop a cutting-edge interface that seamlessly integrates both user interactions and artificial intelligence (AI) agents. This pioneering effort aims to redefine how users engage with cryptocurrency platforms.
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An Innovative AI-Driven Crypto Browser
Donut is breaking new ground by creating a revolutionary AI-centric ecosystem. The browser integrates cryptocurrency wallets, decentralized exchanges (DEXs), and blockchain networks, offering a holistic platform for crypto enthusiasts. This comprehensive approach enables the browser to not just present and disseminate data, but also to act upon it, transforming the way digital assets are managed.
The secret to this transformative capability lies in Donut’s agentic system, which empowers AI agents to monitor token trends, execute trades, exchange assets, and generate yield—all within a single, user-friendly page. The browser is enhanced by the CodeAct framework and a bespoke infrastructure that utilizes headless browser automation, ensuring seamless and efficient operations.
A Growing Team for Enhanced Development
In its quest to accelerate growth and innovation, Donut is actively expanding its team. Tim Fan, the Chief Scientist and a former researcher at CMU and Meta AI, expressed their ambitious vision, stating:
“Our goal is to enable crypto transactions to be autonomously executed by AI agents. To accomplish this, we are developing the most advanced in-domain model and an extensive network of browser agents capable of navigating complex environments. Our browser and extensions will serve as the operational hub for these agents.”
To support this vision, Donut is recruiting talent in diverse areas such as AI research, prompt engineering, video editing, and illustration. This strategic move aims to build a robust team that can drive the company’s innovative projects forward.
Revolutionizing the Financial Internet
The ultimate objective for Donut is to establish a new standard for AI agent interaction with the financial internet. Chris Zhu, the company’s founder and CEO, articulated this goal by stating that Donut is “reconstructing the front-end of the internet to be hyperfinancialized for AI agents.” This vision seeks to redefine the digital landscape, offering unprecedented capabilities and opportunities.
For those eager to be part of this groundbreaking journey, Donut is offering early adopters the chance to join its public waitlist. By doing so, the company aims to cultivate a community of forward-thinking individuals who are ready to explore the future of AI-driven crypto interactions.
