Cyprus startups have attracted over €12 million in funding in the first four months of 2026, demonstrating significant momentum within the region’s entrepreneurial landscape.
- Cyprus startups have attracted over €12 million in funding in the first four months of 2026, demonstrating significant momentum within the region's entrepreneurial landscape.
Seven startups have successfully closed funding rounds across five diverse sectors, including artificial intelligence, robotics, property technology, financial technology, and mobile gaming. This influx of capital comes from a mix of local and international investors, with participation from Cyprus, Greece, Latvia, and various Eastern European nations.
One of the most anticipated events in the Cypriot startup calendar is set to take place from the 21st to the 22nd of May. The Doers Summit will gather over 10,000 founders, investors, and industry operators in Limassol, further solidifying the region’s status as a burgeoning hub for innovation.
Cyprus startups: Notable Startups Making Waves
Among the startups that have successfully raised funds this year, Aina stands out with a seed round of $1 million (approximately €854,000) in January. This Limassol-based company has developed an AI-powered hiring platform that streamlines the recruitment process. With over 2,000 interviews conducted and a 100% probation success rate, Aina has quickly established itself in the competitive HR technology sector.
Another noteworthy startup, Naoma, attracted $440,000 (about €376,000) in a pre-seed round, led by ULTRA.VC and supported by a group of angel investors. Based in Nicosia, Naoma’s AI video sales agent enhances customer interactions by enabling live, personalised product demonstrations without the need for scheduled calls.
In March, Autonomics secured a $1 million (around €854,000) bridge round led by Kinisis Ventures. The company focuses on manufacturing autonomous cleaning robots for various environments, with its technology already in use at the Four Seasons Astir Palace hotel in Athens.
Real Estate and Fintech Innovations
Resitech, a Nicosia-based company, received €640,000 through a minority stake acquisition by the Athens-listed fintech group Qualco. This investment enables Resitech to bolster its B2B real estate data and analytics platform, which serves clients across Cyprus and Greece.
April proved to be a particularly fruitful month, with Moving Doors raising €6 million in the largest single funding round of the year. The Limassol-based proptech firm, backed by Greek private equity fund Golden Age Capital, manages over 500 serviced apartments and aims to scale its operations significantly in Europe.
INXY also made headlines with a $4 million (approximately €3,416,000) extension of its seed round, led by Flashpoint. This funding brings the company’s total seed investment to $7 million. INXY operates a payment platform that facilitates stablecoin and crypto-to-fiat transactions, catering to businesses across various sectors, including gaming and software services.
Gaming Sector Gaining Traction
In the gaming industry, Soloband Games closed a Series A funding round in April, backed by Zubr Capital. Their mobile game, World Tour Merge, has gained popularity, surpassing one million downloads and boasting a high player rating.
The early months of 2026 have clearly showcased the dynamism and potential of the Cypriot startup ecosystem, with investments flowing into innovative companies that are shaping the future across multiple industries.
