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 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 artificial intelligence-powered executable crypto browser with native cryptocurrency wallets and decentralized exchange integration, decentralized network access, and on-chain execution.