Germany · Investor

Puzzle Ventures

Last cheque observed Sep 2026; 4 cheques on record.

Email

VC firmDeploying now

SeedSeries AVenture Capital & Private Equity

Deploying now
100%of best year2cheques in 12 months, 4 on record
Since the last cheque50days00hrs00min00sec
Median round$17MRounds led0 of 4
Pitch Puzzle Ventures

Puzzle Ventures highlights

  1. 01

    2 cheques in the last 12 months

  2. 02

    Mostly Seed and Series A: 100% of its rounds

What they do

Type
VC firm (from a list, unverified)
Cheque size
Not stated
Sectors
Venture Capital & Private Equity
Based in
Berlin, Germany
Cold pitches
Not stated

The record

Every round we can evidence, newest first4 appearances

  1. 2026

    2 rounds

  2. Sept
    IntegralSeries A · DE · Tech.eu$21MWith 4 others
  3. Feb
    DunaSeries A · TechCrunch$36MWith 8 others
  4. 2025

    2 rounds

  5. May
    AnkarSeed · GB · Silicon Canals$3.4MWith 6 others
  6. Feb
    ComstructSeed · DE · TechCrunch$13MWith 4 others

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

We hold 1 person 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.

Who they invest alongside

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

BOOOMMicro VC2rounds togetherIndex VenturesVC firm2rounds together

Recently backed

The latest companies Puzzle Ventures put money into.

Ankar$3.4M · May 2025Comstruct$13M · Feb 2025

Quick answers about Puzzle Ventures

What does Puzzle Ventures invest in?

Puzzle Ventures invests most often at Seed and Series A (100% of the rounds on record), in sectors such as Venture Capital & Private Equity.

How active is Puzzle Ventures?

4 investments on record, 2 of them in the last 12 months. The most recent was in Sept 2026.

What has Puzzle Ventures invested in recently?

Its most recent investments on record: Integral (Series A, Sept 2026), Duna (Series A, Feb 2026) and Ankar (Seed, May 2025).

How big are Puzzle Ventures's cheques?

The median round it joins is $17M.

Is Puzzle Ventures investing now?

Yes: it is actively investing, with 2 investments in the last 12 months.

Who does Puzzle Ventures invest alongside?

Most often BOOOM (2 rounds together) and Index Ventures (2 rounds together).

What kind of investor is Puzzle Ventures?

Puzzle Ventures is a VC firm based in Berlin, Germany.

When was Puzzle Ventures founded?

Puzzle Ventures was founded in 2022.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it