Startups and Innovation

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’...

Cyprus has been recognised as a Strong Innovator in the European Innovation Scoreboard for the third consecutive year, according to an announcement released on Monday by the Deputy Ministry of ...

Robotex MRC 2024, Cyprus’ largest educational robotics festival, concluded with resounding success over the weekend of June 29 and 30. Organised by the Cyprus Computer Society (CCS) and hosted at the University of ...

The Research and Innovation Foundation (RIF) on Thursday announced a new funding programme entitled ‘Commercial Proof of Concept – Energy’, which boasts a budget of €1.6 million to accelerate innovation in the ...

Chief Scientist Demetris Skourides used his address at the opening of the Cyprus Space Research and Innovation Centre (C-SpaRC), hosted by the Cyprus Space Exploration Organisation (CSEO), to unveil a ...

EMBIO Diagnostics, a Nicosia-based company at the forefront of diagnostic technologies, announced this week its acquisition of AG Catalytic Solutions, a firm specialising in the non-chemical treatment of ballast water. ...

The University of Cyprus (UCY) will host its first Twin4Merit summer school from September 2-10, 2024, in Nicosia, according to an official announcement released on Tuesday. The event, part of ...

An open event held at the CYENS Centre of Excellence this week aimed to connect public organisations and small and medium enterprises (SMEs). According to an official announcement, the event ...

The Cyprus Mail’s SOUZANA PSARA recently sat down with tech industry veteran Ruslan Synytsky for an in-depth interview about the visionary beginnings of Ravatar, an innovative venture into the ...

Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou on Thursday set a forward-looking tone at the 3rd CITEA Digital Cyprus Conference, focusing on the potential and strategic importance ...

The Ministry of Energy, Commerce and Industry, in collaboration with the Cyprus Trade Centre London, took part in the London Tech Week exhibition by hosting an informative booth. Held June 10 ...

The Research and Innovation Foundation (RIF) this week announced the launch of a new programme titled “Enterprises Capacity Building in New Product Development.” According to the announcement, this initiative aims ...

In the heart of the Mediterranean, Cyprus is not just known for its stunning beaches and historical landmarks, but it’s also becoming a hotspot for economic growth and innovation. ...