Recently Funded Startups in Cyprus (Aug-2025)
Last Updated: 29-Aug-2025
The startup ecosystem in Cyprus is experiencing a notable resurgence, fueled by a growing interest from investors and an increasing number of innovative entrepreneurs. With 44 startups currently tracked in the region, Cyprus is carving out its niche as a burgeoning hub for technology and finance. This growth not only showcases the potential of local talent but also reflects a broader trend of increased funding enthusiasm that can drive economic development and job creation across the island.
Funding is a critical component of this evolution, enabling startups to scale their operations, enhance product offerings, and penetrate new markets. In 2025 alone, seven startups have successfully raised a total of approximately $14.83 million, underscoring the vibrant activity in key sectors such as financial services, applications, and gaming. As these industries gain traction, the sustained investment will likely foster innovation and support the emergence of transformative solutions to meet both local and global demands.
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: 7
- Total funding raised this year so far: $14,830,000
- Largest deal: Kea, Seed, $7,000,000
- Top industries by funding amount: Financial Services ($7,000,000), Apps ($3,600,000), Gaming ($3,600,000)
- Top industries by number of deals this year: Apps (2 deals), Administrative Services (1 deal), Artificial Intelligence (AI) (1 deal)
Full List of Recently Funded Startups in Cyprus
| Company | City | Country | Round | Amount | Date | Industry |
|---|---|---|---|---|---|---|
| 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 |
| Papaya | Limassol | Cyprus | Pre-Seed | Undisclosed | 2023-03-01 | Entertainment Providers |
| Jarvi Games | Lakatamia | Cyprus | Seed | $3M | 2022-12-14 | Apps |
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 can I connect with these startups in Cyprus?
You can subscribe to our premium plan for verified CEO and decision-maker contacts.
Q3. How many startups in Cyprus were funded this year and last year?
This year 7 startups in Cyprus raised funding and 10 did so last year; we track 44 startups in total.
Q4. Which industries are leading funding among recently funded startups in Cyprus?
Top industries by funding: Financial Services $7,000,000; Apps $3,600,000; Gaming $3,600,000. Top industries by deal count: Apps (2), Administrative Services (1), Artificial Intelligence (1).
Q5. What are the total funding and the largest deal among Cyprus startups so far this year?
Cyprus startups have raised $14,830,000 so far this year across 7 deals; the largest round was Kea’s Seed of $7,000,000.
