Nicosia, Cyprus · Venture Capital 33East was founded by Demetrios Zoppos and Yiannis Eftychiou and selected by the European Investment Fund in 2023 as Cyprus's first EIF-backed venture capital fund. It closed a €26 million debut fund in January 2025, anchored by the Cyprus Equity Fund (NRRP) and private investors including the Bank of Cyprus. The fund targets pre-seed and seed-stage startups with a Cyprus connection, writing cheques of €100K–€1M across enterprise software, fintech, gaming, marketplaces, logistics, digital health, and climate tech. First portfolio companies include Electryone AI, an AI-powered renewable-energy management platform.
Venture Capital Pre-Seed to Seed Enterprise SoftwareFintechGamingMarketplaceLogisticsDigital HealthClimate Tech
Limassol, Cyprus · Venture Capital Embria is an international startup builder and investor headquartered in Limassol, Cyprus, founded in 2007. The firm finds, funds, and grows technology companies from the ground up, with a focus on mobile gaming, wellness, AdTech, social platforms, and marketing technology. Embria has co-founded and invested in over 20 portfolio companies with more than 2,000 team members globally, including HypeAuditor and AdTech Holding. The company also maintains offices in Finland.
Venture Capital Seed, Early GamingAdTechWellnessMarTech
Nicosia, Cyprus · Venture Capital Kinisis Ventures was co-founded in 2018 by Andreas Panayi and Yiannos Georgiades as a Cyprus-US bridge accelerator and investment firm, with its registered office in Nicosia. Its regulated KV Kinisis Ventures Fund RAIF VCIC (KV Fund I and II), managed in partnership with AIFCAP Managers and licensed by CySEC, is the first CySEC-registered early-stage VC focused exclusively on Cypriot technology companies targeting US market expansion. The fund writes seed tickets of €1.5M–€4M in cybersecurity, fintech, AI-enabled platforms, and energy-tech, with portfolio companies including Threedium (3D imaging), Phase3D (metal-printing quality assurance), and Autonomics Tech (autonomous industrial robotics).
Venture Capital Seed to Series A CybersecurityFintechAIEnergy TechDeep Tech