Quick take:
The company said in an X post its mission is for crypto executions to be completed by agents.
Its agentic algorithms combine wallets, DEXs and networks in one unified agentic interface.
Donut plans to use the capital to build an agentic crypto browser on Solana.
Donut, an agentic crypto project building on Solana, has raised $7 million in a pre-seed funding round co-led by Hongshan (formerly Sequoia China), Bitkraft Ventures, Hack VC and several angel investors.
The company plans to use the capital to accelerate the development of its agentic crypto browser that enables crypto executions to be completed by agents.
Comparing its AI algorithm to the ones deployed by the likes of OpenAI and ManusAI via an X post, Donut said the two examples are built for information retrieval, focusing on general productivity like searching faster, summarising better and completing tasks for users.
However, the company emphasises that when it comes to crypto, the stakes are higher, because ‘you are dealing with money.’
That’s why Donut is building an agentic AI that not only helps people search but also helps them execute transactions and trade, on-chain and in real-time.
“While others automate clicks, we automate capital. Our vision is for crypto executions to be completed by agents,” Donut wrote in an X post. “To do that, we are building the best in-domain model and a swarm of browser agents across complex environments.”
The company’s agentic algorithms combine wallets, DEXs and networks in one unified agentic interface.
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The post AI Project Donut Bags $7M Pre-Seed Led by Hongshan, BITKRAFT and Hack VC appeared first on NFTgators .