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Donut Labs Raises $15 Million Seed to Build Agentic AI Browser for Crypto Trading

The New York startup touts autonomous agents that execute on-chain trades using backend approvals with Turnkey-protected keys.

Overview

  • Donut closed a $15 million seed round led by Bitkraft Ventures, bringing total funding to $22 million across pre-seed and seed rounds.
  • The company is developing an AI browser that embeds autonomous trading agents to analyze markets, calculate risk, and execute on-chain trades, including when users are offline.
  • Donut describes layered security that processes authorizations on the backend and uses key management from Turnkey to prevent agent access to other wallets or balances.
  • The startup outlines an open router that selects different AI models per task and says its agents pull liquidity and pricing data from sources such as CoinGecko and Pyth.
  • Donut reports a waitlist of more than 160,000 users and plans a suite spanning a standalone browser, extension, web app, and mobile app as it joins a broader agentic-browser wave.