Donut Labs has successfully raised $22 million in pre-seed and seed funding within six months of its inception. The funding round was led by Sequoia China, BITKRAFT, Makers Fund, and Sky9 Capital, with additional backing from leaders in the Solana, Sui, and Monad ecosystems, as well as key figures from Jupiter, Drift, and Manifold Trading. The capital will be used to develop Donut Browser, an AI-powered trading browser designed to enhance traders' experience by integrating features such as signal discovery, risk assessment, strategy generation, and on-chain execution. With over 160,000 individuals already on its waiting list, Donut Labs aims to revolutionize financial internet interactions by providing an 'AI quant in the browser' for traders, according to CEO Chris Zhu.