Cyprus startup funding
European tech funding profile
52 startups in Cyprus have closed 57 funding rounds and raised €655M in equity funding (excluding debt and grants) and recorded 3 exits. Fintech is the most active sector, and GEM Capital is the most active investor. Data as of 4 Nov 2026.
#32 in Europe by equity raised — 0.1% of all European startup equity funding.
Equity funding
€655M
excl. debt & grants
Funding rounds
57
Companies
52
Named investors
77
Exits
3
Funding over time
2010–2026 · 2026 YTD — equity € raised vs roundsCyprus — funding over time — interactive chart.
Data table
| Equity | Rounds | |
|---|---|---|
| 2010 | €30k | 1 |
| 2011 | €4.5M | 2 |
| 2012 | €23M | 2 |
| 2014 | €160k | 2 |
| 2015 | €0 | 1 |
| 2016 | €18M | 1 |
| 2017 | €33M | 2 |
| 2020 | €32M | 4 |
| 2021 | €352M | 7 |
| 2022 | €42M | 10 |
| 2023 | €14M | 4 |
| 2024 | €16M | 7 |
| 2025 | €45M | 7 |
| 2026 | €76M | 7 |
Top performing sectors
by € raised| Transportation | €300M | |
| AI | €106M | |
| Fintech | €104M | |
| Gaming | €38M | |
| Edtech | €27M | |
| Software | €23M |
Fastest growing sectors
2025 vs 2024 by € raised| Gaming | ▼ -55.5% |
Top sectors
by deal countCyprus — top sectors — interactive chart.
Data table
| Cyprus — top sectors | |
|---|---|
| Fintech | 13 |
| Gaming | 13 |
| Software | 9 |
| Proptech | 3 |
| HRtech | 3 |
| Agritech | 3 |
| Hardware | 3 |
| AI | 3 |
| Fashion | 2 |
| Telecom | 1 |
Stage mix
by € raisedCyprus — stage mix — interactive chart.
Data table
| Cyprus — stage mix | |
|---|---|
| Other | €439M |
| Series B | €62M |
| Seed | €51M |
| Growth/Late | €46M |
| Series A | €38M |
| Series C | €13M |
| Pre-Seed | €4.5M |
Top deals
largest disclosed rounds| Company | Stage | Date | Amount |
|---|---|---|---|
| Avia Solutions Group | Other | Sep 2021 | €300M |
| Omilia | Series B | Aug 2026 | €58M |
| Aiphoria | Other | Jul 2025 | €29M |
| LearnWorlds | Other | Jul 2021 | €27M |
| Capital.Com | Series A | Sep 2017 | €21M |
| Omilia | Growth/Late | May 2020 | €18M |
| Invest.com | Growth/Late | May 2016 | €18M |
| Capex.com | Other | Jun 2021 | €18M |
| Fastlane Ventures | Series C | Apr 2012 | €13M |
| Whipper | Seed | Aug 2017 | €12M |
Top investors
named, by deal count| GEM Capital | 4 |
| Altair Capital | 3 |
| The Games Fund | 3 |
| Zubr Capital | 2 |
| Big Pi Ventures | 2 |
| Flashpoint | 2 |
| Uni.Fund | 2 |
| CORFO | 1 |
| Daedalus Angels | 1 |
| DV Chain | 1 |
Top cities
by € raised| Limassol | €492M | 25 | |
| Nicosia | €61M | 15 | |
| Nikosia | €10M | 1 | |
| New York | €5.0M | 2 | |
| Limasol | €4.1M | 1 | |
| Pera Chorio | €160k | 3 |