On May 16, 2024, Shogun raised $6.9 million in a Seed funding round led by Polychain Capital, dao5

Shogun raised $6.9 million in a Seed funding round led by Polychain Capital, dao5 with participation from Republic Capital, Flowdesk, DWF Ventures, The Rollup Ventures, Jordan Fish, Meltem Demirors, Sebastien Couture, Manifold Trading, Avi Felman, Aniket Jindal, AVentures DAO, Maelstrom, Soban Saqib, Build A Bera Workshop, Rushi Manche, Altcoin Sherpa, Connor King, Raito, Quinn Thompson, Bera Rodman, zkMike, Cami Ramos, Throbby, Bryan Pellegrino, Ansem, Georgios Vlachos, Hypersphere Ventures, CitizenX, Arrington Capital, Primitive Ventures, JasonFromTG (White Boy Summer), Dentoshi, and others.