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Puzzle Ventures

Puzzle Ventures

—puzzle.ventures

Overview

Puzzle Ventures is a research-driven crypto fund dedicated to helping early-stage blockchain startups grow and reshaping the future of the Web3 and crypto space.

Portfolio Companies

13

Investments

CompanyDateStageLead
DunaFeb 2026Series ACo-investor
IntegralNov 2025SeedCo-investor
Gradient LabsJul 2025Series ACo-investor
AnkarMay 2025SeedCo-investor
DunaMay 2025SeedCo-investor
View all investments

Key People

Qi Wang

Founding Partner

Ziqi Jerry Zhou

Managing Partner

Calvin Lu

Investment Manager

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

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