# Monolith

> Monolith is a VC fund in Dubai backing FinTech and Blockchain. See 16 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Dubai, United Arab Emirates
- Total investments: 16
- Last investment: Oct 2024
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/monolithfund
- Website: https://x.com/monolith_fund

Monolith is a venture capital firm that finances and promotes innovative Web3 startups. Our fundamental beliefs are impact and innovation. Our goal is to find and assist ground-breaking Web3 companies and revolutionary AI technologies, as well as to positively impact entire sectors by advising and strategically investing in forward-thinkingbusiness owners.

## Contacts

5 contacts available for Monolith. Shizune tracks 3 team members at Monolith. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/monolith-8195?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.2M–$80M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| FinTech | 1 | 6% |
| Blockchain | 1 | 6% |
| Cryptocurrency | 1 | 6% |
| Trading Platform | 1 | 6% |
| Financial Services | 1 | 6% |

6 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 6% |
| Initial Coin Offering | 1 | 6% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Jonathan Shifke | Co-Founder | 0 | https://shizune.co/investors/profile/jonathan-shifke-cef9 |
| Oleksii Avramenko | Principal | 0 | https://shizune.co/investors/profile/oleksii-avramenko |
| Pierre Abousleiman | Co-Founder | 0 | https://shizune.co/investors/profile/pierre-abousleiman-7907 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Grass | Grass is an online community that offers reward for people who provide unused internet for AI developers and enthusiasts. |  | Initial Coin Offering | Oct 29, 2024 |  |
| Kontos | Kontos is a blockchain infrastructure company specializing in a zk‑powered omnichain account protocol. | $6M | Series A | Apr 29, 2024 |  |
| Tevaera | Tevaera enhances multi-genre game launch and play using zkStack-based L3 gaming chain, offering multiplayer features and UX-focused apps, facilitating user, liquidity, and builders' free flow within zkNation. | $5M | Seed | Apr 24, 2024 |  |
| Engines of Fury | Engines of Fury is a developer of an online crypto game designed for entertainment for the game. They offer a platform that has engaging PvE and PvP duels and tournaments, receives FURY tokens, forges NFTs, and earns cryptocurrency. | $4.5M | Seed | Apr 24, 2024 |  |
| Planet Mojo | Planet Mojo is a player vs. player (PvP) cross-platform auto chess game reinvented for blockchain, allowing players to own their game characters (as NFTs) and play-to-earn in ongoing tournaments. Players will have the option to use their customized game characters and assets across an upcoming suite of games set inside the Planet Mojo universe. | $5.5M | Venture - Series Unknown | Apr 04, 2024 |  |
| Bowled.io | Bowled.io is the world's first Cricket based social experience platform. Built on the groundbreaking Play to Earn format that has already captured the imagination of millions of players worldwide, we're ready to welcome any player or cricket fan to participate, deploy their game knowledge, have fun and earn! |  | Seed | Mar 17, 2024 |  |
| JungleArt | The ultimate AI powered ecosystem that breaks down all technological barriers to fully explore the potential of NFTs! |  | Seed | Jan 24, 2024 |  |
| Ondo Finance | Ondo Finance develops a cryptocurrency trading platform that makes decentralized finance providing users with a choice between downside protection and higher returns. |  | Initial Coin Offering | Jan 17, 2024 |  |
| Versatus | VRRB is a startup that is building a new, innovative, computationally lightweight block mining and consensus algorithm known as Proof of Claim. Proof of Claim allows for fast, decentralized, fair validation of transactions and block mining. Due to the lightweight nature of the algorithm, launching and running a node will simply be accessible toanyone with a computer. Proof of Claim is a consensus algorithm that aims to solve many of the issues currently present with both Proof of Work and Proof of Stake. | $2.3M | Seed | Dec 06, 2023 |  |
| Shrapnel | Shrapnel is an AAA Extraction FPS powered by next-gen community-driven tools, built on the blockchain to offer true ownership. | $20M | Series A | Oct 25, 2023 |  |

10 of 16 investments shown.

## Co-investors
- [300 DAO](https://shizune.co/investors/profile/300-dao) — VC Fund, 2 deals together
- [HashKey Capital](https://shizune.co/investors/profile/hashkey-capital-9c60) — VC Fund, 2 deals together
- [Metavest Capital](https://shizune.co/investors/profile/metavest-capital) — VC Fund, 2 deals together
- [MH Ventures](https://shizune.co/investors/profile/mh-ventures) — VC Fund, 2 deals together
- [Momentum 6](https://shizune.co/investors/profile/momentum-6-d0a1) — VC Fund, 2 deals together
- [NGC Ventures](https://shizune.co/investors/profile/neo-global-capital-ngc) — VC Fund, 2 deals together

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## FAQ

### What does Monolith invest in?

Monolith invests primarily in FinTech, Blockchain and Cryptocurrency startups, most often at Seed and Initial Coin Offering stage. Most of the 16 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Monolith's check size?

Monolith typically joins rounds of $1.2M–$80M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Monolith participates in.

### How do I contact Monolith?

Public channels for Monolith include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Monolith?

The team at Monolith includes Jonathan Shifke (Co-Founder), Oleksii Avramenko (Principal) and Pierre Abousleiman (Co-Founder). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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