Photo: finance.yahoo.com
Donut Labs Secures $15M to Develop AI-Driven Crypto Trading Browser
Donut Labs has secured $15 million in seed money to develop an AI-driven web browser for crypto trading, marking a significant investment in decentralized finance technologies.
- Donut Labs, led by Chief Executive Officer Chris Zhu, raised $15 million in seed money to create an AI-powered web browser aimed at enhancing crypto trading.
- The funding round attracted notable venture capital firms including BITKRAFT, HSG, Makers Fund, and others connected to the Solana (blockchain platform) ecosystem.
- Less than six months prior, Donut Labs successfully raised $7 million in pre-seed funding, indicating strong investor confidence in their artificial intelligence-driven approach.
Why It Matters
This funding highlights the growing intersection of artificial intelligence and decentralized finance, potentially reshaping user experience in crypto trading and signaling increasing investor interest in innovative financial technologies.