Recently Funded Startups in Cyprus (Nov-2025)
Last Updated: 21-Nov-2025
The startup ecosystem in Cyprus has seen significant growth and resilience over recent years, positioning the island as a burgeoning hub for innovation and entrepreneurship in the Eastern Mediterranean. This growth is largely fueled by a supportive regulatory environment, increasing access to investors, and a community of talented entrepreneurs that are paving the way for groundbreaking advancements across various sectors. As the ecosystem continues to evolve, securing funding has become crucial for startups to scale their operations, drive technological advancements, and expand their market reach.
In November 2025, Cyprus witnessed a notable uptick in startup funding, highlighting the vibrancy of its entrepreneurial landscape. This year, a total of 8 startups successfully secured funding amounting to nearly $50 million, demonstrating investor confidence in the Cypriot market. Key sectors such as financial services, applications, and administrative services are leading the charge, signaling a trend towards technology-driven solutions and innovative business models that are likely to shape the future of work and consumer engagement in the region.
Funding Highlights
- Total number of startups tracked: 44
- Number of startups that raised funding last year: 10
- Number of startups that raised funding this year: 8
- Total funding raised this year so far: $49.83 million
- Largest deal: Simple, Series B, $35 million
- Top industries by funding amount: Other ($35 million), Financial Services ($7 million), Apps ($3.6 million)
- Top industries by number of deals this year: Apps (2 deals), Administrative Services (1 deal), Artificial Intelligence (1 deal)
Full List of Recently Funded Startups in Cyprus
| Company | City | Country | Round | Amount | Date | Industry |
|---|---|---|---|---|---|---|
| ProMed BioSciences | Limassol | Cyprus | Venture – Series Unknown | $1,439,117 | 2025-11-25 | Healthcare, Manufacturing, Materials, Pharmaceuticals |
| /Music | Paphos | Cyprus | Pre-Seed | unknown | 2025-11-24 | Music, Artificial Intelligence, Audio, Cloud Computing |
| Simple | Limasol | Cyprus | Series B | $35,000,000 | 2025-10-05 | Other |
| Kea | Nicosia | Cyprus | Seed | $7M | 2025-07-23 | Financial Services |
| Headway | Nicosia | Cyprus | Series A | Undisclosed | 2025-07-10 | Apps |
| Svelta | Limassol | Cyprus | Series Unknown | $82.4K | 2025-07-07 | Administrative Services |
| Nice Plans Studio | Limassol | Cyprus | Seed | $3.6M | 2025-06-12 | Gaming |
| YouScan | Limassol | Cyprus | Series Unknown | Undisclosed | 2025-06-11 | Artificial Intelligence (AI) |
| Studio42 | Nicosia | Cyprus | Seed | $3.6M | 2025-05-14 | Apps |
| Bolsterup | Nicosia | Cyprus | Seed | $547.6K | 2025-04-09 | Technology |
| Castor Maritime | Limassol | Cyprus | Series Unknown | $100M | 2024-12-12 | Transportation |
| Top App Games | Nicosia | Cyprus | Series Unknown | $10M | 2024-12-05 | Apps |
| Anymaster | Nicosia | Cyprus | Seed | $366.6K | 2024-11-22 | Commerce and Shopping |
| EnergyIntel | Nicosia | Cyprus | Series Unknown | $1.6M | 2024-11-13 | Energy |
| Magify | Limassol | Cyprus | Pre-Seed | $1.1M | 2024-09-11 | Data and Analytics |
| Darefore | Paphos | Cyprus | Series Unknown | $331.4K | 2024-09-04 | Information Technology |
| Placy | Limassol | Cyprus | Pre-Seed | $1.1M | 2024-09-03 | Artificial Intelligence (AI) |
| Cleanthi Life | Larnaca | Cyprus | Series Unknown | $2M | 2024-06-27 | Health Care |
| Booknet | Larnaca | Cyprus | Series Unknown | Undisclosed | 2024-06-21 | Commerce and Shopping |
| Obelisk Studio | Limassol | Cyprus | Pre-Seed | $2M | 2024-01-18 | Gaming |
| Digis | Larnaca | Cyprus | Series Unknown | Undisclosed | 2023-09-26 | Apps |
| MSEA | Limassol | Cyprus | Series Unknown | $30M | 2023-07-11 | Financial Services |
| Magic Square | Limassol | Cyprus | Series Unknown | Undisclosed | 2023-07-05 | Apps |
| buildbuild | Limassol | Cyprus | Seed | $1.2M | 2023-06-22 | Administrative Services |
| Uitrial | Limassol | Cyprus | Seed | $2M | 2023-06-10 | Data and Analytics |
| Kosmo | Nicosia | Cyprus | Series Unknown | Undisclosed | 2023-05-09 | Technology |
Frequently Asked Questions
Q1. Where can I find recently funded startups in Cyprus?
You can explore our full list of startups that raised funding this month above. You can also subscribe to our free plan to get weekly alerts.
Q2. How many startups in Cyprus were funded this year and last year?
8 startups raised funding in Cyprus this year and 10 last year; 44 Cypriot startups are tracked in our database and total funding this year so far is $49.83M.
Q3. Which industries are trending among recently funded startups in Cyprus?
By funding amount: Other $35M, Financial Services $7M, Apps $3.6M. By deal count: Apps (2 deals), Administrative Services (1), Artificial Intelligence (1).
Q4. What was the largest funding deal in Cyprus this year?
Simple’s $35M Series B is the largest deal in Cyprus this year.
Q5. How can I connect with these startups in Cyprus?
You can subscribe to our premium plan for verified CEO and decision-maker contacts.
