FundedIQ

Funded Startups in Limassol

The disclosed funding amounts in Limassol skew heavily toward one outlier: Castor Maritime’s $100M round on 2024-12-12, which dwarfs the next-largest discl…

The disclosed funding amounts in Limassol skew heavily toward one outlier: Castor Maritime’s $100M round on 2024-12-12, which dwarfs the next-largest disclosed amounts (LearnWorlds at $32M on 2021-07-15 and MSEA at $30M on 2023-07-11). Most other disclosed rounds cluster in the low single-digit millions or below, with multiple entries at $1M (ProMed BioSciences on 2025-11-25; Magify and Placy in 2024-09; buildbuild in 2023-06; and Velvet AutoInvest in 2022-06).

In terms of timing, the 23 entries span 2020-03-24 (ePlane) through 2025-11-25 (ProMed BioSciences), with a dense cluster in mid-2025: Svelta ($80K) on 2025-07-07, Nice Plans Studio ($4M) on 2025-06-12, and YouScan (undisclosed) on 2025-06-11. The list is also stage-uneven: 10 of 23 entries carry “Series Unknown” or an unspecified stage (including two “undisclosed” amounts for YouScan on 2025-06-11 and Magic Square on 2023-07-05), while Seed appears repeatedly across gaming, AI, software, and financial services.

Most recent rounds

23 shown
P
ProMed BioSciences
Limassol, Cyprus · Healthcare, Manufacturing, Materials, Pharmaceuticals
Venture - Series Unknown · Nov 2025
$1.4M
S
Svelta
Limassol, Cyprus · Administrative Services
Series Unknown · Jul 2025
$80k
N
Nice Plans Studio
Limassol, Cyprus · Gaming
Seed · Jun 2025
$3.6M
Y
YouScan
Limassol, Cyprus · Artificial Intelligence (AI)
Series Unknown · Jun 2025
Undisclosed
C
Castor Maritime
Limassol, Cyprus · Transportation
Series Unknown · Dec 2024
$100M
M
Magify
Limassol, Cyprus · Data and Analytics
Pre-Seed · Sep 2024
$1.1M
P
Placy
Limassol, Cyprus · Artificial Intelligence (AI)
Pre-Seed · Sep 2024
$1.1M
O
Obelisk Studio
Limassol, Cyprus · Gaming
Pre-Seed · Jan 2024
$2.0M
M
MSEA
Limassol, Cyprus · Financial Services
Series Unknown · Jul 2023
$30M
M
Magic Square
Limassol, Cyprus · Apps
Series Unknown · Jul 2023
Undisclosed
B
buildbuild
Limassol, Cyprus · Administrative Services
Seed · Jun 2023
$1.2M
U
Uitrial
Limassol, Cyprus · Data and Analytics
Seed · Jun 2023
$2.0M
P
Papaya
Limassol, Cyprus · Entertainment Providers
Pre-Seed · Mar 2023
Undisclosed
Z
ZERO10
Limassol, Cyprus · Clothing and Apparel
Seed · Sep 2022
$1.5M
V
Velvet AutoInvest
Limassol, Cyprus · Software
Seed · Jun 2022
$1.3M
B
BridgerPay
Limassol, Cyprus · Financial Services
Seed · May 2022
$6.0M
S
Skich
Limassol, Cyprus · Gaming
Pre-Seed · Apr 2022
$400k
G
Gameram
Limassol, Cyprus · Apps
Seed · Jul 2021
$500k
L
LearnWorlds
Limassol, Cyprus · Commerce and Shopping
Venture - Series Unknown · Jul 2021
$32M
C
Colossi Games
Limassol, Cyprus · Other
Seed · Feb 2021
$2.5M
O
Omilia
Limassol, Cyprus · Artificial Intelligence (AI)
· May 2020
$20M
C
Connect.Club
Limassol, Cyprus · Community and Lifestyle
· Apr 2020
$11M
E
ePlane
Limassol, Cyprus · Commerce and Shopping
· Mar 2020
$9.0M

Related listings

Frequently asked

Which recent Limassol round is the clearest outlier by disclosed size, and how does it compare to other disclosed rounds?

Castor Maritime’s $100M disclosed round on 2024-12-12 is far above the rest of the disclosed amounts shown; the next-highest disclosed figures are $32M (LearnWorlds on 2021-07-15) and $30M (MSEA on 2023-07-11).

Do the most recent entries cluster within a short date window?

Yes. Three entries fall within about two months in mid-2025: YouScan (undisclosed) on 2025-06-11, Nice Plans Studio ($4M) on 2025-06-12, and Svelta ($80K) on 2025-07-07, all in Limassol.

How much of the list has unknown or undisclosed deal sizing and deal stage, and where do those appear?

Undisclosed amounts show up in two rows: YouScan on 2025-06-11 and Magic Square on 2023-07-05. Deal stage is also frequently non-standard: 5 entries are labeled “Series Unknown” (e.g., ProMed BioSciences on 2025-11-25 and Castor Maritime on 2024-12-12), plus two rows with blank stage values (Omilia on 2020-05-05 and Connect.Club on 2020-04-15).

Is there a stage mix pattern, or does it look dominated by a single stage?

Seed is the most visible named stage across the rows: buildbuild ($1M) on 2023-06-22, Uitrial ($2M) on 2023-06-10, ZERO10 ($2M) on 2022-09-01, BridgerPay ($6M) on 2022-05-05, and others including Gameram ($500K) on 2021-07-21 and Colossi Games ($3M) on 2021-02-16. However, a large share of entries are “Series Unknown” or blank stage, limiting how much stage-driven conclusions can be made from the label alone.

Are any sectors repeated enough to suggest a cluster in this Limassol set?

Gaming appears repeatedly: Nice Plans Studio ($4M) on 2025-06-12, Obelisk Studio ($2M) on 2024-01-18, and both Skich ($400K) on 2022-04-25 and Colossi Games ($3M) on 2021-02-16. AI also recurs, with YouScan (undisclosed) on 2025-06-11, Placy ($1M) on 2024-09-03, and Omilia ($20M) on 2020-05-05.

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