Startups and Innovation

Cypriot startup Placy has secured €1 million in pre-seed funding, according to an announcement released on Tuesday. The company provides an AI-powered virtual companion that aims to reshape how real estate ...

The European Researchers’ Night, under the motto “Mission Possible,” drew thousands of visitors to the Cyprus state fair on September 27, offering an insight into research, innovation, and science. Organised by ...

The entrepreneurial spirit in Cyprus shone brightly at the Startup World Cup Cyprus Finals 2024, where Fincom emerged victorious among nine competing startups. Presented by Unlimit, the event showcased the innovative ...

Brookstreet Equity Partners, a Greek-founded fund management firm, whose investment footprint includes Cyprus, this week launched a new investment platform based in London. According to an official announcement, the new ...

Limassol-based startup Correctify is aiming to transform Cyprus’ hospitality industry by revolutionising the menu creation process with its innovative AI-driven solution. Launched in 2023 by Marios Simou and his team, the ...

The Cyprus regional finals of the Startup World Cup 2024 are set to take place on Thursday, August 29, at the BrainRocket premises in Limassol. The event will spotlight the region’s ...

Research spending in Cyprus as a percentage of domestic GDP remains low compared to the European average, despite an increase in absolute terms. According to a report released on Wednesday ...

Eschatology Entertainment, a PC and console game development studio based in Nicosia, on Wednesday announced the closing of an $11.3 million investment round led by KRAFTON, with GEM Capital and The ...

Cyprus’ Deputy Ministry of Research, Innovation, and Digital Policy announced on Monday an open call for applications to recruit scientific collaborators.According to the announcement, these positions are linked to ...

The Research and Innovation Foundation (RIF) on Tuesday announced a new €6 million funding programme aimed at fostering collaboration between businesses and research organisations across Cyprus. According to a RIF statement, ...

The Research and Innovation Foundation (RIF) on Monday announced the launch of its new pre-seed programme, with a total budget of €1.2 million, which aims to boost Cyprus’ startup ecosystem. According ...

Professor Soteris Kalogirou of the Cyprus University of Technology (Tepak) has been elected as a member of the Artificial Intelligence Industry Academy, according to an announcement by the university. Tepak ...

Nexters, an international game development company headquartered in Cyprus, has seen its flagship mobile game, Hero Wars: Alliance, generate $1.5 billion in revenue and surpass 150 million installations, according to an official ...

Nicosia-based tech startup and iOS app BRAYN, originally launched in Cyprus and the United Kingdom, is set to expand globally by 2025, according to an official announcement. The announcement said that ...

The Centre for Entrepreneurship at the University of Cyprus on Monday announced the launch of the 2024 Cypriot Entrepreneurship Competition (CyEC). According to the announcement, the competition, which is organised annually ...

Nicosia and London-based Journey Mentor, a travel-tech SaaS company, has announced that it has been awarded a five-year IT contract by Total Air Services Ltd (TAS), a prominent provider of ...

The first investments from the Cyprus Equity Fund, established by the Cypriot government in collaboration with the European Investment Fund (EIF), are expected to commence in the autumn, it emerged ...

Money management app Plum, which has offices in Nicosia, Athens and London, announced this week that it raised more than £16 million in its Series B round. Series B financing is ...

Chief Scientist Demetris Skourides this week used his presentation to the Cyprus Universities Rector Conference to lay out a vision for transforming Cyprus into a Regional Research, Innovation, and Technology ...

The Cyprus Mail recently sat down for an interview with Roman Gurskiy and Kirill Gurskiy, managing directors of GEM Capital, to delve into their transition from EY to GEM Capital, ...

Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou used his participation at a recently held event by the Research & Innovation Foundation (RIF) to praise Cyprus’ performance in ...

Investments in artificial intelligence (AI) startups surged to $24 billion from April to June, more than doubling from the previous quarter, according to data from Crunchbase, highlighting the growing appetite for ...

The Research and Innovation Foundation (RIF) this week commented on the latest results from the European Innovation Scoreboard 2024, which once again reaffirms Cyprus’ progress in the field of innovation, classifying ...

The Deputy Ministry of Research, Innovation and Digital Policy on Thursday said that Cyprus has made robust strides in the digital sector, something which is backed by the European Commission’...