Cyprus startup ecosystem
The directory currently lists 56 organisations across 3 cities.
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Nucleus Ventures
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.
Palta
Palta is a Cyprus-based venture studio focused on consumer health and wellness applications built around subscription economics. Rather than acting as a passive investor, it helps create and scale products by centralizing growth, product, marketing, and monetization capabilities that individual app teams would struggle to build alone in the early stages. That model is especially effective in mobile health categories where onboarding, retention, experimentation cadence, and paid acquisition are central to company outcomes. In the European ecosystem, Palta stands out because it applies venture-building discipline to consumer health software rather than to generalist B2B startups. It is therefore a useful counterpart to broader venture builders in the directory while also connecting to wearable and digital-health companies through its category focus. Palta expands the directory's picture of how consumer health businesses are incubated and scaled, especially when the core advantage lies in mobile growth systems rather than in proprietary hardware.
Plug and Play Cyprus
Plug and Play Cyprus is the first Cyprus location of Plug and Play, the Silicon Valley-based global innovation platform, launched in Limassol in April 2026. The programme is co-funded by the Republic of Cyprus through the Deputy Ministry of Research, Innovation and Digital Policy and the Research and Innovation Foundation. It plans to run six cycles of incubation and acceleration targeting fintech, regtech, gaming, and shipping and energy, aiming to support around 60 startups and create approximately 500 jobs. Corporate partners include ASBIS, Tototheo, Mastercard, and ECOMMBX.
PwC Cyprus Startup Programme
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.
Reflect Festival 2026
The largest tech and startup festival in Cyprus and the Eastern Mediterranean, attracting 3,000+ attendees to Limassol. Features a startup pitch competition, exhibitions, and deep-dive tracks on AI, sustainability, and Web3. Strong participation from MENA and European ecosystems, reflecting Cyprus's position as a bridge between continents. Tickets from EUR 100-300.
Research and Innovation Foundation (RIF)
Cyprus's national research and innovation funding body, at 29a Andrea Michalakopoulou in Nicosia. It runs the country's research and innovation programmes and open calls, supports European and international participation including Horizon Europe, provides innovation services, and operates the IRIS portal through which applicants manage proposals.
Sajal Sehgal
Technology leader at Amazon working on cloud and enterprise solutions. He is an announced speaker at the 5th Digital Cyprus Conference 2026 in Nicosia.
Skyrocket Marketers Agency
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
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.
Spotware Systems
Spotware Systems is a B2B fintech company founded in 2010 in Limassol, Cyprus, and the creator of the cTrader trading platform for CFD and FX brokers. As of 2025, cTrader serves over 11 million traders and added 2 million new traders in that year alone, with 104% year-on-year growth in trading volume. The company's product suite also includes cBridge, a platform-agnostic liquidity bridge connecting MT4, MT5, and cTrader to multiple liquidity providers. Spotware employs 200+ professionals across 30+ nationalities.
Startup Cyprus
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.
StartupCon Europe Cyprus 2026
Two-day startup summit at IT Warehouse Limassol focused on cross-border growth, connecting Cyprus and European founders, investors and support organisations through pitching, panels and matchmaking.
Wargaming
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.
WN Conference Cyprus '26 (September 2026)
A B2B games-industry conference held at Parklane, a Luxury Collection Resort & Spa, serving one of Europe's largest game-dev hubs in Cyprus. It features off-record curated roundtables, a free Developer Showcase where teams pitch to publishers and investors, an expo, workshops and a beach networking party.
WN Media Group
International games-industry media and events company behind the WN Conference series and the WN Hub networking platform. It runs B2B game-development conferences worldwide, including the Cyprus edition that connects studios, publishers, service providers and investors.
Youth Tech Fest Cyprus 2027
A free city-scale festival blending an edutainment fair, an education summit, hackathons, and a startup contest. An ecosystem and talent-pipeline event — relevant for founders recruiting young technical talent or running edtech and STEM products in Cyprus.
