United States · Seed startup

Who invested in Donut Labs

2 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AIFintechWeb3 & Crypto

Raised 12 months ago

Funding summaryUpdated 5 Nov 2026

$22Mraised across 2 rounds since 2025, from 3 sources

$7.0MPre-seed$15MSeed
Latest round
Seed, $15MNov 2025
Step-upi
2.1×
Investors
13 (3 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026
$7.0MPre-seed$15MSeed
First round
Pre-seed, $7.0M
May 2025
Biggest round
$15M
Seed · Nov 2025
Between rounds
5 months
from the last two

The rounds

  1. Nov 2025
    Seed$15M3 new3 returning

    Reported by Ventureburn and 1 other

  2. May 2025

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Hack VCVC firm2rounds, led 1
BITKRAFTVC firm2rounds, led 1
Makers FundVC firm2rounds
HongShanVC firm1round, led 1
HSGVC firm1round
Matrix PartnersVC firm1round
Sky9 CapitalVC firm1round
AltosGrowth equity1round
Altos VenturesVC firm1round
Orthogonal VenturesVC firm1round
Sky9 VenturesVC firm1round
SonicSVMVC firm1round
Vessel VenturesVC firm1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Donut Labs

Who invested in Donut Labs?

Donut Labs's investors include Hack VC, BITKRAFT, Makers Fund, HongShan and HSG, and 8 more on record.

How much has Donut Labs raised?

Donut Labs has raised $22M across 2 rounds since 2025.

When did Donut Labs last raise?

Donut Labs's most recent round was a Seed of $15M in Nov 2025.

What was Donut Labs's biggest round?

Its most recent round, $15M in Nov 2025, is also its largest on record.

Who backed Donut Labs first?

Donut Labs's first round on record, in May 2025, was backed by Hack VC, HongShan and BITKRAFT and 7 others.

What stage is Donut Labs at?

Donut Labs's latest named round is a Seed, in Nov 2025.

Where is Donut Labs based?

Donut Labs is based in the United States.

Who led Donut Labs's rounds?

Hack VC led the Pre-seed in 2025.

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