Posts

Showing posts with the label raised

Shogun raised $6.9M in seed funding

Shogun raised $6.9M in the seed funding round. Shogun is an intent layer for the Interchain. Its vision is to accelerate the adoption of DeFi by providing a user experience in which no user ever needs to worry about chains, gas, or wallets again. Its SDK provides structured rails to move to and from any token on any chain. Shogun will support EVM, Cosmos, SolanaVM, and MoveVM execution environments. This includes Berachain, Ethereum, Solana, Neutron, and Celestia. The Shogun platform offers auth functions, in-app wallet-building abilities, node services, and so much more in addition to all your DeFi basic needs, such as swaps & bridging! Polychain Capital and DAO5 co-led the funding round, joined by Arrington Capital, Arthur Hayes’ family office Maelstrom, and Build-a-Bera, Intensity Labs announced on Wednesday. The round also saw participation from angel investors such as Cobie, Ansem, Ser Shokunin, and Meltem Demirors. Shogun was previously incubated by Binance Labs. In Mar...