find -exec a shell function in Linux?

Since only the shell knows how to run shell functions, you have to run a shell to run a function. You also need to mark your function for export with export -f, otherwise the subshell won't inherit them:

export -f dosomething
find . -exec bash -c 'dosomething "$0"' {} \;

find . | while read file; do dosomething "$file"; done