Donut Labs builds Donut, described as the first agentic crypto browser, designed to let users trade, analyze and explore the decentralized web intelligently and in context. The AI-native browser understands user intent and automates blockchain interactions, risk analysis and on-chain strategy execution, turning everyday web users into active participants in DeFi. Founded by Chris Zhu (CEO) and chief scientist Tim Fan, whose background spans Carnegie Mellon and Meta AI, the New York-based company drew a large waitlist of over 160,000 users. Donut Labs raised $22M across pre-seed and seed rounds backed by BITKRAFT, Makers Fund, Sky9 Capital and Hack VC.