Ziqi Jerry Zhou is a venture capital partner at Puzzle Ventures who brings a technical-operator background as an experienced software engineer working on blockchain, data, and APIs. Based in Waterloo, Ontario, he serves dual roles as both investor and protocol-side operator, including as Partner at Sign Protocol and Advisor to DODO, while maintaining an accessible approach with open DMs and direct contact channels for founders.
What they've been talking about across their social media accounts

- Focus on real-world adoption of blockchain technology through government partnerships, specifically highlighting work with the National Bank of the Kyrgyz Republic to develop their official digital currency.
- Strong interest in defining standards for token generation events and airdrops. Promotes tools like TokenTable that ensure equitable distribution and verifiable on-chain vesting schedules to prevent misleading practices.
- Passion for esports as a vehicle for Web3 exposure, evidenced by enthusiastic support for the Sign team at the Esports World Cup and personal history as an Overwatch gamer.
- Preference for pragmatic network governance and transparency. Points to Solana's validator-led decision making as a positive model and frequently calls out the importance of distinguishing between true decentralization and projects that just appear to be multisig.
About their Fund
Sectors
Web3 / Crypto, Fintech, AI, Cybersecurity, Consumer
Rounds
Seed - Series A
Avg Check Size
$1M - $5M
Notable Investments
Puzzle Ventures operates as both a Berlin-based VC backing AI and enterprise startups and a Beijing-linked crypto fund investing in Web3 protocols, giving it a rare hybrid footprint across European SaaS and Asian crypto communities. Despite being a small fund, it consistently co-invests alongside top-tier firms like GV, Northzone, and General Catalyst across very different asset types, while maintaining unusual transparency by publishing on-chain performance data for its token investments.
Other partners at the fund
Notable Fund
Investments
No items found.
Is this information out of date? Let us know
Popular Investors
investor name
Active in
Rounds
Avg. Check
Links
Deeptech / Hardware
Robotics
Biotech
+
12
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Biotech
Health
Deeptech / Hardware
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
Unknown
Climate
Deeptech / Hardware
Materials
+
4
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
7
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
~$750K
Unknown
Fintech
Deeptech / Hardware
Devtools
+
2
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
Unknown
Or automatically find your investor matches
Upload your pitch deck to get your best investor matches in minutes.
Reveal the very best VCs to pitch for your startup
Get matching investors' email addresses
No ads. No catch. Free from VC Sheet.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Success. Check your email in 5 minutes.


















.jpeg)







.jpeg)











































































.png)
























































































































.jpeg)









.jpeg)


















































































.jpeg)

