Directory

Startup ecosystem in Nicosia

Explore startups, investors, and ecosystem operators in Nicosia, Cyprus.

33 entries.

33East

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.

Artemis Kontou

Nicosia, Cyprus · Person

Dr. Artemis Kontou is a Senior Researcher and Entrepreneur at KIOS Center of Excellence at the University of Cyprus, where she applies deep learning methodologies to healthcare diagnostics and monitoring challenges. She is the founder of Tseepor and co-founder of Malloc, a cybersecurity startup, demonstrating her trajectory from academic research to technology entrepreneurship. She is a confirmed speaker at the Cyprus AI Expo 2026, representing the intersection of AI research and startup building within the Cyprus innovation ecosystem.

Aseto

Nicosia, Cyprus · Startup

Aseto is a Cyprus-based artificial intelligence startup specialising in speech recognition, speech-to-text technology, and machine learning model development. The company was a gold partner of the Cyprus AI Expo 2026, with its machine learning engineer among the event's confirmed speakers presenting on STT model research. Aseto develops AI-powered voice and audio processing tools targeting enterprise clients and developer teams.

Christiana Aristidou

Nicosia, Cyprus · Person

Christiana Aristidou is a transnational technology lawyer with over 28 years of experience, specialising in blockchain regulation, AI legal oversight, and cross-border technology law. She is the Founder and Managing Partner of The Hybrid LawTech Firm, a practice that bridges legal expertise with emerging technology across multiple jurisdictions. She is a confirmed speaker at the Cyprus AI Expo 2026, representing the intersection of legal innovation and technology governance.

Christina Ioannou

Nicosia, Cyprus · Person

Christina Ioannou is the CEO and Founder of Arete Strategy AI, a consultancy operating across the EU and MENA regions that specialises in AI policy and strategic advisory services. She is a Policy Advisor recognised by the European Commission for her contributions to AI governance and regulatory frameworks, positioning her as a notable voice in European AI policy. She is a confirmed speaker at the Cyprus AI Expo 2026, bringing cross-jurisdictional expertise in AI strategy and public policy.

Chrysalis LEAP

Nicosia, Cyprus · Startup

Chrysalis LEAP is a Cyprus-based accelerator and innovation hub that supports early-stage startups through structured mentorship, workspace, and access to regional investor networks across the Eastern Mediterranean. The programme focuses on technology-driven ventures and helps founders refine product-market fit, build sustainable business models, and connect with corporate partners in sectors like fintech, healthtech, and sustainability. As one of the few dedicated accelerators operating on the island, Chrysalis LEAP plays a critical role in building the local startup ecosystem and retaining entrepreneurial talent in Cyprus.

Covve

Nicosia, Cyprus · Startup

Covve is a Nicosia-based SaaS company, founded in 2013, that provides a business card scanning and personal CRM platform for professionals and teams. The platform allows users to capture leads by scanning business cards, event badges, and digital profiles, then sync contacts to major CRM systems including Salesforce and HubSpot. Covve serves over 2 million users across 130+ countries in 16 languages. The company is headquartered at Lordou Vyronos, Nicosia.

Cyprus Forum 2026

Nicosia, Cyprus · Event

An independent, not-for-profit annual policy conference organized by Oxygono in association with the Delphi Economic Forum, held at The Landmark Nicosia. The forum brings together political leaders, the public and private sectors, media, academia and civil society to debate public policy, the economy, innovation and technology in Cyprus.

Demetra Kalogerou

Nicosia, Cyprus · Person

Financial-services regulatory expert and former Chair of the Cyprus Securities and Exchange Commission, now at DKA Financial Consultants. She is an announced speaker at the Digital Assets and the Future of Finance Summit 2026 in Cyprus.

Fawzi Goussous

Nicosia, Cyprus · Person

Fawzi Goussous is the Founder and CEO of Qualia Solutions, an award-winning AI company delivering custom AI agents, voice assistants, and business automation solutions. He leads a team focused on practical AI deployments for enterprise clients across Cyprus and the broader MENA region. He is a confirmed speaker at the Cyprus AI Expo 2026, where he presents on applied AI deployment and intelligent automation for business.

Gravity Ventures

Nicosia, Cyprus · Incubator

Gravity Ventures is a deep-tech startup incubator and venture builder based in Nicosia, operated by the Cyprus Research and Innovation Centre (CyRIC). Founded in 2016, it is described as the only deep-tech incubator in Cyprus, supporting startups in robotics, AI, IoT, photonics, advanced manufacturing, and MedTech. The programme covers idea validation, product design, prototyping, mentoring, commercialisation, IP protection, and funding access. Gravity Ventures has incubated 18 startups and invested over €10 million across its portfolio.

Gregory Dellas

Nicosia, Cyprus · Person

Chief Compliance Officer at ECOMMBX and a leader of the ACAMS Cyprus Chapter, specialising in financial compliance and anti-money-laundering. He is an announced speaker at the Digital Assets and the Future of Finance Summit 2026 in Cyprus.

IDEA Innovation Center

Nicosia, Cyprus · Incubator

IDEA Innovation Center is the largest non-profit incubator-accelerator for startups in Cyprus, established in 2015 by the Bank of Cyprus and partner organisations. Its nine-month Startup Program provides participants with €20,000 in seed capital, structured business training, mentoring from experienced entrepreneurs, and professional services in legal, accounting, and ICT. Since its launch, IDEA has supported over 82 startups, trained more than 5,000 entrepreneurs, and invested over €4 million into the Cyprus innovation ecosystem. It was recognised as the European Winner in the 2019 European Commission Enterprise Promotion Awards.

IMH (International Management House)

Nicosia, Cyprus · Event Organisator

One of Cyprus's leading business event and media organisations, running a large calendar of conferences, forums and summits across finance, technology, shipping and entrepreneurship. Its flagship gatherings include the INSPIRE entrepreneurial festival and the Digital Assets and the Future of Finance Summit.

Kinisis Ventures

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).

Malloc

Nicosia, Cyprus · Startup

Malloc is a Nicosia-based AI-driven mobile cybersecurity company, founded in 2021 and backed by Y Combinator (YC S21), Urban Innovation Fund, and Dragon Capital. The company develops on-device protection against spyware, surveillance, and data theft for individuals, enterprises, and government agencies, with over one million users worldwide. Its flagship product, Antistalker, detects and blocks unauthorised microphone and camera access in real time. Malloc collaborates with NVIDIA, Google, Microsoft, and VISA on privacy and AI-based defence research.

Nucleus Ventures

Nicosia, Cyprus · Accelerator

Nucleus Ventures is a venture building and corporate innovation advisory firm based in Cyprus, founded in 2014. It offers services including venture building, fundraising, soft-landing support for international market entry, operational advisory, and capacity building programmes. The firm serves governments, corporations, and founders across the EMENA region, with particular experience in FinTech, HealthTech, and AI. Nucleus Ventures has also managed government-backed accelerator and seed fund programmes.

PwC Cyprus Startup Programme

Nicosia, Cyprus · Support Organization

PwC Cyprus runs a dedicated startup support programme that provides early-stage technology companies with advisory services spanning tax structuring, audit readiness, legal compliance, and go-to-market strategy for the EU single market. The programme leverages Cyprus's favorable corporate tax regime and EU membership to help startups establish efficient holding and operational structures for scaling across Europe and the Middle East. It represents an important piece of the Cypriot startup infrastructure by connecting founders with professional services expertise that is otherwise hard to access at the early stage.

Skyrocket Marketers Agency

Nicosia, Cyprus · Event Organisator

Skyrocket Marketers is a Cyprus-based digital marketing agency providing SEO, social media management, and web design solutions for entrepreneurs and corporations. Operating from offices in both Limassol and Nicosia, the agency emphasises practical, transparent digital strategy. The agency is the official organizer of the Cyprus AI Expo 2026, a three-day conference held at UCLan Cyprus University in Larnaca in July 2026.

Sotirios Makrygiannis

Nicosia, Cyprus · Person

Sotirios Makrygiannis is a former senior Nokia executive who founded AIA Lab, an artificial intelligence advisory firm focused on helping organisations adopt and scale AI strategies. With decades of experience driving technology and innovation at a globally recognised telecommunications company, he now advises enterprises and startups on AI growth strategy and organisational transformation. He is a confirmed speaker at the Cyprus AI Expo 2026, contributing expertise in large-scale technology transformation and AI adoption.

Startup Cyprus

Nicosia, Cyprus · Support Organization

Startup Cyprus is the national startup association of Cyprus, founded in February 2016 by 13 startup founders and ecosystem figures. It is a founding member of the European Startup Network, the pan-European body of national startup associations. The organisation engages in policy advocacy at national and EU level, and organises events including Startup Academy Cyprus, Startup Live, Startup Weekend, and founders meetups. It represents the interests of Cypriot startups within the broader European ecosystem.

Wargaming

Nicosia, Cyprus · Startup

Wargaming is a Nicosia-headquartered game developer and publisher best known for the massively multiplayer online titles World of Tanks, World of Warships, and World of Warplanes, which together have accumulated hundreds of millions of registered accounts and defined the mid-2010s hardcore free-to-play category. Founded in 1998 in Minsk as a small strategy-game studio, the company moved its commercial headquarters to Cyprus in the 2010s for EU access and favorable IP treatment, and in 2022 shut its Russian and Belarusian operations entirely following the invasion of Ukraine, transferring the CIS business to a local licensee and concentrating development and live operations in Nicosia, Vilnius, Prague, Chicago, Austin, and Belgrade. Wargaming pioneered the free-to-play model for military simulation games, built its own proprietary engine and live-ops tooling, and runs one of the largest esports programs in the sector. In the European ecosystem it is the anchor of the Cypriot gaming cluster and a useful case study of a Minsk-origin studio reconstituting itself entirely outside the post-Soviet space.