# Shima Capital: portfolio, investments and team

> Shima Capital is a vc firm based in United States. 56 investments on record, latest Oct 2025. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/shima-capital (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Shima Capital

Last cheque observed Oct 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet New fund $6.0M, Dec 2022 VC firm

Pre-seed Seed Series A Defi Token Onchain

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 56 on record

Since the last cheque **365** days **00** hrs **00** min **00** sec

Median round **$3.0M** Cheque size, as they say **$200K – $5.0M** Rounds led **0 of 56** Sole investor **7 rounds** Mostly in **United States, 57%**

Pitch Shima Capital

## Shima Capital highlights

- 01 56 rounds on record
- 02 Mostly Seed and Pre-seed: 80% of its rounds
- 03 Sole investor in 7 rounds, median $8.0M

## What they do

> Filed 1 private fund offering with the SEC, the most recent in 2022-12 From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $200K – $5.0M as they say
- **Stages:** Pre-seed Seed Series A Series B
- **Sectors:** Defi Token Onchain
- **Based in:** Long Beach, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **56 appearances**

- **2025** 2 rounds
- **Oct** **[KapKap](https://millionrounds.com/company/kapkap)** Seed · Ventureburn **$10M** With 7 others
- **May** **[Nexchain](https://millionrounds.com/company/nexchain)** Token sale · GB **$5.1M** With 2 others
- **2024** 7 rounds
- **Aug** **[Goldilocks DAO](https://millionrounds.com/company/goldilocks-dao)** Seed · PR **$1.5M** With 1 other
- **Jun** **[Stashh](https://millionrounds.com/company/stashh)** Venture · US **$3.3M** With 3 others
- **Jun** **[Elixir Games](https://millionrounds.com/company/elixir-games)** Venture · US **Undisclosed** With 1 other
- **May** **[Fortunafi](https://millionrounds.com/company/fortunafi)** Seed · US **$9.5M** Sole investor
- **Apr** **[Uncharted](https://millionrounds.com/company/uncharted)** Seed · US **$1.7M** With 1 other
- **Mar** **[Moxy.io](https://millionrounds.com/company/moxy-io)** Venture · CA **Undisclosed** With 2 others
- **Feb** **[Great Big Beautiful Tomorrow](https://millionrounds.com/company/great-big-beautiful-tomorrow)** Seed · US **$3.0M** With 4 others
- **2023** 15 rounds
- **Nov** **[Trips](https://millionrounds.com/company/trips)** Pre-seed · US **$2.5M** Sole investor
- **Nov** **[Sleek](https://millionrounds.com/company/sleek)** Seed · CA **$5.0M** With 3 others
- **Nov** **[Yee-Haw Monster Trucks](https://millionrounds.com/company/yee-haw-monster-trucks)** Seed · US **$3.3M** With 2 others
- **Jul** **[Releap Protocol](https://millionrounds.com/company/releap-protocol)** Seed · HK **$2.1M** With 1 other
- **Jun** **[Earn Network](https://millionrounds.com/company/earn-network)** Seed · HK **$2.7M** With 2 others
- **May** **[Tangem](https://millionrounds.com/company/tangem)** Venture · CH **$8.0M** Sole investor
- **Mar** **[Mystic Games](https://millionrounds.com/company/mystic-games)** Seed · SE **$1.3M** With 2 others
- **Feb** **[Orb Labs](https://millionrounds.com/company/orb-labs)** Seed · US **$4.5M** With 2 others
- **Feb** **[Empires not Vampires Entertainment](https://millionrounds.com/company/empires-not-vampires-entertainment)** Pre-seed · FI **$1.0M** With 1 other
- **Feb** **[Cedro Finance](https://millionrounds.com/company/cedro-finance)** Pre-seed · US **$1.5M** With 2 others
- **Feb** **[3RM](https://millionrounds.com/company/3rm)** Seed · US **$3.0M** With 1 other
- **Jan** **[Gamestarter](https://millionrounds.com/company/gamestarter)** Venture **Undisclosed** With 1 other
- **Jan** **[Castle Finance](https://millionrounds.com/company/castle-finance)** Venture · US **Undisclosed** With 2 others
- **Jan** **[Quasar Labs](https://millionrounds.com/company/quasar-labs)** Seed · ES **$5.4M** With 3 others
- **Jan** **[Sleepagotchi](https://millionrounds.com/company/sleepagotchi)** Seed · US **$3.5M** With 3 others
- **2022** 19 rounds
- **Dec** **[PiKNiK & Company](https://millionrounds.com/company/piknik-and-company)** Pre-seed · US **$5.0M** With 1 other
- **Dec** **[Liqwid Labs](https://millionrounds.com/company/liqwid-labs)** Seed · US **$2.7M** With 1 other
- **Dec** **[Pine Protocol](https://millionrounds.com/company/pine-protocol)** Seed · PA **$3.0M** With 2 others
- **Nov** **[Midnight](https://millionrounds.com/company/midnight)** Seed · US **$7.5M** With 1 other
- **Oct** **[ELYZIO](https://millionrounds.com/company/elyzio)** Pre-seed · US **$2.0M** With 1 other
- **Oct** **[Optim Finance](https://millionrounds.com/company/optim-finance)** Seed · US **$3.9M** With 1 other
- **May** **[Castle Finance](https://millionrounds.com/company/castle-finance)** Pre-seed · US **$1.2M** With 2 others
- **Apr** **[Kingdomverse](https://millionrounds.com/company/kingdomverse)** Seed **$3.6M** With 1 other
- **Apr** **[Rebase](https://millionrounds.com/company/rebase)** Venture · US **$250K** With 1 other
- **Apr** **[The Kingdom](https://millionrounds.com/company/the-kingdom)** Seed · NI **$3.6M** With 2 others
- **Mar** **[Red Door Digital](https://millionrounds.com/company/red-door-digital)** Seed **$5.0M** With 1 other
- **Mar** **[AdaSwap](https://millionrounds.com/company/adaswap)** Seed **$2.6M** With 1 other
- **Mar** **[Oorbit](https://millionrounds.com/company/oorbit)** Seed · US **$5.0M** With 3 others
- **Mar** **[Adroverse](https://millionrounds.com/company/adroverse)** Token sale · SG **$3.0M** With 1 other
- **Mar** **[Auki Labs](https://millionrounds.com/company/auki-labs)** Seed · HK **$13M** With 3 others
- **Feb** **[MixMob](https://millionrounds.com/company/mixmob)** Seed · CA **$7.0M** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **2 named**

BH **Brandon Hiroki Stahl** Chief Compliance Officer i Form ADV

YG **Yida Gao** Managing Director of the Manager i Filing they signed

We also hold **7** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$165M** assets it manages Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** Shima Capital Management LLC
- **SEC number:** CRD 320929

Funds on its Form ADV

**3** private funds, **$159M** in gross assets · filed Apr 2024

- Shima Capital QP LLC *Venture* 192 investors $90M
- Shima Capital Blocker LLC *Venture* 99 investors $62M
- Shima Capital A LLC *Venture* 58 investors $7.5M

New fund on file

**$6.0M**

raised in Dec 2022

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$3.0M** the round, not its cheque Alone, median **$8.0M**

Led 0 of 56 rounds **0%**

- **Said size:** $200K – $5.0M
- **Sole investor:** 7 rounds
- **Last cheque:** Oct 2025

Rounds by stage said on their site

- Seed said *37*
- Pre-seed said *8*
- Venture *8*
- Token sale *3*
- Series A said *-*
- Series B said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Animoca Brands](https://millionrounds.com/fund/animoca-brands) 6
- [IVC](https://millionrounds.com/fund/ivc) 5
- [Big Brain Holdings](https://millionrounds.com/fund/big-brain-holdings) 4
- [GSR](https://millionrounds.com/fund/gsr) 4
- [LD Capital](https://millionrounds.com/fund/xie) 4
- [The Spartan Group](https://millionrounds.com/fund/the-spartan-group) 4

**Pitching Shima Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Shima Capital. A count of rooms they were both in, not a relationship either has claimed.

[**Animoca Brands** Accelerator **6** rounds together](https://millionrounds.com/fund/animoca-brands)[**IVC** VC firm **5** rounds together](https://millionrounds.com/fund/ivc)[**Big Brain Holdings** VC firm **4** rounds together](https://millionrounds.com/fund/big-brain-holdings)[**GSR** VC firm **4** rounds together](https://millionrounds.com/fund/gsr)[**LD Capital** VC firm **4** rounds together](https://millionrounds.com/fund/xie)[**The Spartan Group** Venture studio **4** rounds together](https://millionrounds.com/fund/the-spartan-group)[**6th Man Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/6mv)[**MV Global** Venture studio **3** rounds together](https://millionrounds.com/fund/mv-global)[**NGC Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/ngc-ventures)[**Sfermion** VC firm **3** rounds together](https://millionrounds.com/fund/sfermion)[**Solana Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/solana-ventures)[**1kx** VC firm **2** rounds together](https://millionrounds.com/fund/1kx)

## Recently backed

The latest companies Shima Capital put money into.

[**Nexchain** $5.1M · May 2025](https://millionrounds.com/company/nexchain)[**Goldilocks DAO** $1.5M · Aug 2024](https://millionrounds.com/company/goldilocks-dao)[**Fortunafi** $9.5M · May 2024](https://millionrounds.com/company/fortunafi)[**Uncharted** $1.7M · Apr 2024](https://millionrounds.com/company/uncharted)[**Moxy.io** Mar 2024](https://millionrounds.com/company/moxy-io)[**Great Big Beautiful Tomorrow** $3.0M · Feb 2024](https://millionrounds.com/company/great-big-beautiful-tomorrow)

## Quick answers about Shima Capital

### What does Shima Capital invest in?

Shima Capital invests most often at Seed and Pre-seed (80% of the rounds on record), in sectors such as Defi, Token and Onchain.

### How active is Shima Capital?

56 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2025.

### What has Shima Capital invested in recently?

Its most recent investments on record: KapKap (Seed, Oct 2025), Nexchain (Token sale, May 2025) and Goldilocks DAO (Seed, Aug 2024).

### How big are Shima Capital's cheques?

The median round it joins is $3.0M. It says it writes cheques of $200K to $5.0M.

### Does Shima Capital lead rounds?

Rarely, if at all: none of its 56 investments on record names it as the lead.

### Where does Shima Capital invest?

Most of the companies it backs are in the United States (57%), Canada (9%) and Hong Kong SAR China (9%).

### Is Shima Capital investing now?

No investments in the last 12 months; the latest was in Oct 2025.

### Who does Shima Capital invest alongside?

Most often Animoca Brands (6 rounds together), IVC (5 rounds together) and Big Brain Holdings (4 rounds together).

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