All funds
Puzzle Ventures logo

Puzzle Ventures

$25Tdisclosed portfolio round capital
19 Dec, 2024last investment
20portfolio companies
0team members

Analyst signals

Portfolio activity and matriculation

Metrics use all recorded activity through 21 Jul 2026 across pre seed, seed, series a, unknown. Later-round outcomes are capped at the period end.

50%companies with a later round · 10/20
1.00×median round-size step-up · n=9
Not availablemedian valuation step-up · n=0
0%recorded-solo rate · 0 solo / 22 syndicated
Finance · 4 companiesData & Analytics · 3 companiesDeveloper Tooling · 2 companies

These are activity signals, not fund-return metrics. Round capital is the full disclosed financing amount, not this fund's check size. “Recorded solo” means only one investor is present in the source data and is a lead signal, not verified lead status; syndicated rounds are a co-investor or follower signal. IRR, TVPI, DPI, ownership, exits, and market beta cannot be calculated from the available records. 1 ambiguous legacy rounds were excluded.

Opportunities

Crypto jobs across Puzzle Ventures's portfolio

1 current roles at companies backed by Puzzle Ventures, sourced from JobStash's crypto job board.

People

Team

No team details are available yet.

Portfolio

Investments

Full financing histories for portfolio companies. Highlighted rounds are those where Puzzle Ventures is recorded as an investor.

Age of Zalmoxis logo

Age of Zalmoxis

out of scope
Media

Age of Zalmoxis is an Indonesian-language news and media website publishing articles on current events, politics, crime, religion, and general interest topics in Indonesia.

Unknown1 Sep, 2022Syndicated · 20 disclosed investors
Data & Analytics

Aki Protocol is a multi-chain knowledge base that quantifies the value of information and influence in Web3. It uses a graph-based system to track relationships and information flow, with Aki Network being its first application for influencer campaigns and user rewards.

Series A1 Dec, 2023$50M valuationSyndicated · 2 disclosed investors
Seed1 Apr, 2023
Bastion logo

Bastion

crypto
Finance

Bastion helps financial institutions issue regulated stablecoins by providing enterprise-grade issuance, custody, and orchestration platform.

Strategic24 Sep, 2025$15T round
Seed18 Sep, 2023$25T round
Series A21 Apr, 2022$11T roundSyndicated · 14 disclosed investors
Seed23 Mar, 2022$2T round
Grant11 Mar, 2022$4T round
Gaming

Blade Games is building zk powered trustless games and the infrastructure that supports it. They are creating an on-chain game and AI agent ecosystem built around the zkVM stack, with a focus on everlasting virtual worlds and engaging experiences.

Seed1 May, 2024$2.4T roundSyndicated · 13 disclosed investors
Clique logo

Clique

crypto
Infrastructure

Clique provides enterprise-grade confidential computing for on-chain applications, powered by trusted execution environments (TEEs), MPC, and zero-knowledge proofs. Its TEE Network enables verifiable off-chain computation, TLS data access, attestations, and smart-contract integrations for developers and enterprises.

Seed18 Oct, 2022$3T roundSyndicated · 15 disclosed investors
DeepDAO logo

DeepDAO

out of scope
Data & Analytics

DeepDAO is a DAO ecosystem discovery and analytics platform. It aggregates and organizes governance, treasury, token, organization, and participant data, and is conducting a final data sale for academic researchers.

Seed1 Jun, 2021$3M roundSyndicated · 26 disclosed investors
DeHorizon logo

DeHorizon

crypto

Stealth

Strategic1 Feb, 2022
Public Sale1 Dec, 2021$60K round$180M valuation
Series A1 Oct, 2021$8.5M roundSyndicated · 27 disclosed investors
EyesFi logo

EyesFi

crypto

Stealth

Unknown1 Jun, 2022$2M roundSyndicated · 3 disclosed investors
Data & Analytics

Footprint Analytics helps users analyze blockchain data through drag-and-drop visualization tools and multi-chain APIs without coding.

Seed27 May, 2022$4.2T round
Seed1 Jan, 2022$1.5M roundSyndicated · 6 disclosed investors
Finance

iZUMi.finance is a multi-chain DeFi protocol providing one-stop Liquidity as a Service (LaaS). It aims to help projects attract and manage on-chain liquidity in an efficient and lasting way.

Unknown1 Apr, 2023$22M round
Series A1 Dec, 2021$3.5M round
Public Sale1 Dec, 2021$450K round$80M valuation
Unknown1 Nov, 2021$2.1M roundSyndicated · 9 disclosed investors
Kettle logo

Kettle

crypto
NFTs

Kettle is a marketplace for luxury watches and other physical goods, which are represented as non-fungible tokens (NFTs) on a decentralized protocol. The platform focuses on trust and security, providing authentication and vaulting for all assets, and enables users to buy, sell, or take out loans against them.

Unknown19 Dec, 2024$4T roundSyndicated · 8 disclosed investors

NUTS Finance is a blockchain development lab focused on building technology for financial applications on the blockchain.

Pre-Seed8 Dec, 2021$500B round
Angel1 Dec, 2020$500K roundSyndicated · 4 disclosed investors
O3 Labs logo

O3 Labs

crypto
Finance

O3 is a Web3 aggregation protocol that provides a universal liquidity solution for cross-chain trading.

Public Sale1 May, 2021$922K round$41M valuation
Unknown1 Apr, 2021$2M roundSyndicated · 7 disclosed investors

The Octopus Network is a multichain Web3 infrastructure that supports appchains with security, interoperability, and infrastructure.

Series A1 Sep, 2021$5M round
Series A31 Aug, 2021$5T round
Public Sale1 Aug, 2021$50K round$180M valuation
Seed2 Apr, 2021$3T roundSyndicated · 14 disclosed investors
QuestN logo

QuestN

crypto
Service Provider

QuestN provides AI-powered airdrop optimization and quest-based growth services for Web3 projects. It helps projects launch campaigns, engage communities, and distribute airdrops.

Series A1 May, 2023$8M roundSyndicated · 13 disclosed investors

Rangers Protocol offers a Web3 Engine infrastructure that simplifies the development of Web3 applications and enhances user experience.

Public Sale1 Oct, 2021$420K round$84M valuation
Private Equity14 Jun, 2021$2.5T round
Seed8 Jun, 2021$1.2T roundSyndicated · 3 disclosed investors
Unknown1 Jun, 2021$2.5M roundSyndicated · 15 disclosed investors
Seed1 May, 2021$1.2M roundSyndicated · 7 disclosed investors
REVOX logo

REVOX

hybrid
Developer Tooling

REVOX is a platform that enables the creation of decentralized applications (dApps) using autonomous AI agents. It provides a suite of tools, including a Smart Wallet and REVOX Studio, to help developers build and customize AI-powered applications on the blockchain. The platform aims to simplify Web3 interactions for both developers and end-users, positioning itself as the primary interface for integrating AI with Web3. It is related to ReadON, a decentralized content distribution platform.

Unknown1 Jun, 2024
Unknown1 Sep, 2023
Seed1 Aug, 2022$2M roundSyndicated · 8 disclosed investors
Finance

RHEA Finance lets users trade, lend, borrow, and stake digital assets across multiple blockchain networks from a unified platform built on NEAR Protocol.

Unknown1 Feb, 2022$4.8M roundSyndicated · 10 disclosed investors
Sender logo

Sender

crypto
Asset Management

Sender is a multi-chain Web3 wallet that lets users manage crypto assets, exchange tokens, access dApps, and display NFT collectibles while retaining control of their private keys.

Seed1 Sep, 2022$4.5M roundSyndicated · 12 disclosed investors
Seed13 Apr, 2022
Developer Tooling

Smart Token Labs is the company behind Smart Layer, a blockchain infrastructure and developer framework that brings app-like utility ('tapps') to ERC-20 and ERC-721 tokens, enabling on-chain actions across wallets, websites, marketplaces and social platforms.

Unknown1 Sep, 2022$6M round
Unknown1 Jul, 2021$6M round$200M valuationSyndicated · 15 disclosed investors