Funded Startups in Cyprus
The disclosed-round landscape is highly top-heavy: the largest disclosed amount is $100M for Castor Maritime (Series Unknown) on 2024-12-12, which dwarfs t…
The disclosed-round landscape is highly top-heavy: the largest disclosed amount is $100M for Castor Maritime (Series Unknown) on 2024-12-12, which dwarfs the next-largest disclosed rounds visible here, including $75M for ZoidPay (2022-11-03) and $35M for Simple (Series B, 2025-10-05). At the low end, the smallest disclosed amount is $80K for Svelta (2025-07-07), far below most other disclosed entries.
The 46 entries also cluster by time and geography. Rounds span 2020-03-24 (ePlane) through 2025-11-25 (ProMed BioSciences), with a dense run of activity in mid-2024 to late-2025 and a strong concentration in Limassol-based companies (for example, ProMed BioSciences in Limassol on 2025-11-25; Castor Maritime on 2024-12-12; Obelisk Studio on 2024-01-18). On classification, disclosed amounts are frequent but incomplete: amounts are marked undisclosed for 8 entries, and the round type is marked Series Unknown (or blank) for 17 entries, which shapes how confidently stage comparisons can be made.
Most recent rounds
46 shownRelated listings
Frequently asked
How does the largest disclosed round compare to the rest of the Cyprus list, and is there another clear size tier just below it?
Castor Maritime’s $100M on 2024-12-12 stands out as the only round above $50M in the disclosed amounts shown. The next tier is still large but much lower: $75M for ZoidPay on 2022-11-03 and $35M for Simple on 2025-10-05, while many other disclosed rounds sit in the $2M–$10M range (e.g., EnergyIntel $2M on 2024-11-13; Top App Games $10M on 2024-12-05).
Are rounds concentrated in a narrow date window, or is activity spread evenly across the 2020–2025 range?
The visible range runs from 2020-03-24 (ePlane) through 2025-11-25 (ProMed BioSciences), but the list is more crowded in the recent years. Examples include multiple 2024 rounds clustered in Q2–Q4 (e.g., Placy $1M on 2024-09-03; Obelisk Studio $2M on 2024-01-18; EnergyIntel $2M on 2024-11-13) and a sustained run of 2025 rounds in the second half (e.g., Simple $35M on 2025-10-05; Kea $7M on 2025-07-23).
Which cities appear most often among disclosed rounds, and do Limassol entries dominate the list?
Limassol appears repeatedly as the listed location across multiple rounds, including ProMed BioSciences ($1M) on 2025-11-25 and Castor Maritime ($100M) on 2024-12-12. Limassol also features in many mid-list examples such as Obelisk Studio ($2M) on 2024-01-18 and Connect.Club ($11M) on 2020-04-15, indicating geographic concentration compared with singletons like Paphos (e.g., Nice Plans Studio on 2025-06-12) and Larnaca (e.g., Cleanthi Life on 2024-06-27).
What share of entries have incomplete classification signals (undisclosed amounts and Series Unknown/blank rounds), and how does that affect interpretation?
Undisclosed amounts appear 8 times (for example, /Music on 2025-11-24 and YouScan on 2025-06-11), limiting comparisons for those rows. Separately, “Series Unknown” or a blank stage classification appears 17 times (e.g., Castor Maritime on 2024-12-12 and Omilia on 2020-05-05), so stage-mix conclusions must rely more heavily on the subset with explicit stages like Seed, Pre-Seed, Series A, and Series B (e.g., Simple Series B on 2025-10-05; Bryq Seed on 2022-06-08).
Is there a sector pattern that stands out in frequency, and do any sectors show up repeatedly with different stage years?
Artificial Intelligence (including entries labeled “Artificial Intelligence (AI)”) shows up multiple times across years, including YouScan on 2025-06-11 (undisclosed) and Placy on 2024-09-03 ($1M), plus Talkie.ai on 2022-07-22 ($3M) and Omilia on 2020-05-05 ($20M). Gaming also recurs (e.g., Nice Plans Studio $4M on 2025-06-12 and Obelisk Studio $2M on 2024-01-18), suggesting recurring investor attention even as disclosed amounts vary widely.
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