Browser Use: Raising $17M to Redefine AI Agent Navigation

Deal News | Mar 23, 2025 | Felicis Ventures LLC

Browser Use: Raising $17M to Redefine AI Agent Navigation

Browser Use, a startup aiming to simplify how AI agents navigate websites, recently secured $17 million in seed funding, led by Felicis Ventures with co-investors such as Paul Graham, A Capital, and Nexus Venture Partners. Founded by Magnus Mller and Gregor uni in 2025 through ETH Zurich's Student Project House accelerator, the company gained attention thanks to its novel tool which converts website elements into more straightforward text-like formats. This enhances the ability of AI agents to autonomously interpret and interact with web pages, reducing the reliance on vision-based systems which often fail. Browser Use's technology has been integrated by multiple companies, including more than 20 in Y Combinator's current batch, underscoring its potential to become a crucial infrastructure component for AI agent tasks. The firm was propelled into the spotlight after the success of Butterfly Effects' Manus tool, which used their solution, signaling a growing demand for more robust AI web navigation. Felicis Ventures aims to capitalize on this trend by bolstering its portfolio with Browser Use, endorsing the company's open-source-first strategy as a future frontier in automating online tasks.

Sectors

  • Technology
  • Artificial Intelligence
  • Venture Capital

Geography

  • United States – Felicis Ventures and Nexus Venture Partners, participants in the funding round, are based in the US.
  • Switzerland – Browser Use originated from ETH Zurich's Student Project House accelerator, located in Switzerland.

Industry

  • Technology – The article focuses on Browser Use, which is directly involved in technological innovation with AI agent tools.
  • Artificial Intelligence – Browser Use is working on improving AI agents' ability to navigate websites autonomously, which falls squarely within the AI industry.
  • Venture Capital – The $17 million funding round led by Felicis Ventures highlights the venture capital industry's involvement.

Financials

  • $17 million – The amount of seed funding raised by Browser Use.

Participants

NameRoleTypeDescription
Browser UseTarget CompanyCompanyA startup developing tools to improve AI agent navigation on websites.
Felicis Ventures LLCLead InvestorCompanyA venture capital firm leading the $17 million funding round.
Paul GrahamInvestorPersonCo-founder of Y Combinator and angel investor participating in the funding round.
A CapitalInvestorCompanyA venture capital firm participating in the funding round.
Nexus Venture PartnersInvestorCompanyAn investment firm participating in the funding round.
Magnus MllerCo-founderPersonCo-founder of Browser Use, with experience in web-scraping and data science.
Gregor uniCo-founderPersonCo-founder of Browser Use, collaborating with Mller on AI agent technologies.
Butterfly EffectsUser of Browser UseCompanyA Chinese startup that increased the visibility of Browser Use through its Manus tool.