Puzzle Ventures
Venture capital
RollingLast verified 10 Nov 2026
Puzzle Ventures is an early-stage European venture fund investing between €200k and €700k in pre-seed and seed B2B software startups.
2 deals in the last 24 months, latest 5 Feb 2026. From its website and its deals in the news.
Key facts
- Stages
- Pre-seed, Seed, Series A
- Sectors
- B2B SaaS
- Ticket
- €200K–€700K
- Eligible countries
- Not stated
- Timing
- Rolling applications
- Focus
- European B2B software businesses; infrastructure and application layer
- How to apply
- Apply route unknown
Recent deals
| Company | Round | Sectors | Amount | Role | Announced |
|---|---|---|---|---|---|
| Duna · Germany | Series A | €30M | participant | 5 Feb 2026 | |
| Gradient Labs · United Kingdom | Series A | AI & machine learning, B2B SaaS, Fintech | €11.6M | participant | 29 Jul 2025 |
Evidence
Short excerpts from the sources, in their original language, that back the facts above.
- Kind
Puzzle Ventures is a €21.5M early-stage venture fund
https://www.puzzle-ventures.com/ - Sectors
transformational B2B software businesses
https://www.puzzle-ventures.com/ - Stages
in pre-seed and seed rounds
https://www.puzzle-ventures.com/ - Ticket
We typically invest between €200k and €700k
https://www.puzzle-ventures.com/ - Ticket
We typically invest between €200k and €700k
https://www.puzzle-ventures.com/
Status history
- 6 Nov 2026: Rolling (first extraction)
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