Donut, an agentic crypto browser, has just closed a $7 million pre-seed funding round backed by partners including Hongshan, BITKRAFT, HackVC, and others, according to the reports shared with Finbold on Thursday, May 29.

The funding will help Donut realize work on a new interface built to accommodate both users and artificial intelligence (AI) agents.

An AI-crypto browser

Attempting to pioneer a new kind of AI space, Donut’s browser brings together wallets, decentralized exchanges (DEXs), and blockchain networks.

This approach has one notable result, namely that it allows the browser to not only display and share information but also act on it.

This is achieved thanks to Donut’s agentic system, which allows AI agents to follow token trends, execute trades, swap assets, and earn yield, all on the same page.

The browser is also powered by the CodeAct framework and a custom-built infrastructure featuring headless browser automation. 

Accelerating crypto-AI development

Donut is actively expanding its team to accelerate development. 

Tim Fan, Chief Scientist, former CMU and Meta AI researcher, said: 

“Our vision is for crypto executions to be completed by agents. In order to do that, we are building the best in-domain model and a swarm of browser agents across complex environments. Our browser and extensions will be where the agents live.”

The company is also hiring help in areas ranging from AI research and prompt engineering to video editing and illustration.

Ultimately, the company hopes to develop a new blueprint for how AI agents will interact with the financial internet, or, as Donut founder and Chief Executive Officer (CEO) Chris Zhu put it, the company is “reconstructing the front-end of the internet to be hyperfinancialized for the AI-agents.”

For early adopters, the company is making its waitlist public.