Donut Labs completes $7 million seed round financing, led by Sequoia Capital and others

Donut Labs announced the completion of a $7 million seed round of financing, led by Sequoia Capital, Bitkraft, and HackVC, with participation from Matrix Partners, Sky9 Ventures, Makers Fund, and SonicSVM. The new funds will be used to support the development of Donut, an executable crypto browser powered by AI agents, featuring a native cryptocurrency wallet and decentralized exchange integration, decentralized web access, and on-chain execution.