Startups and Innovation

Cyprus-based venture capital company 33EAST, supported by the European Investment Fund, has raised €26 million to launch its first venture capital fund, aiming to boost the island’s start-up ecosystem and ...

The Research and Innovation Foundation (RIF) has initiated a consultation for a new €10 million funding programme. The new programme, titled ‘STEP: Setting up facilities and production lines for manufacturing new ...

Cyprus has made significant strides in its journey towards digital transformation and green innovation in 2024, primarily by leveraging €1.2 billion from the European Recovery and Resilience Plan. This substantial investment is ...

The Cyprus Mail recently sat down with Vladimir Bakuteev, a Cyprus-based AI entrepreneur and serial tech founder whose ventures span industries such as VR, gaming, education, and artificial intelligence. As ...

Demetris Skourides spoke with Souzana Psara about his transformative first year as Chief Scientist. He detailed significant strides in research and innovation, Cyprus’ growing role on the global stage, and ...

Invest Cyprus on Monday announced the signing of a memorandum of understanding (MoU) with the Cyprus Space Exploration Organisation (CSEO). The agency, tasked with the purpose of driving foreign investment ...

Space startups in Japan and India said on Tuesday they had agreed to jointly study using laser-equipped satellites to remove debris from orbit, an experimental approach to the increasingly imminent ...

Europe’s startup ecosystem is experiencing a notable transformation, driven by innovation, policy shifts, and global outreach strategies. This is not to say that the economy is booming, but many ...

The Cabinet on Wednesday approved a revised start-up visa, according to Deputy Minister of Research, Innovation, and Digital Policy Nicodemos Damianou. Damianou said that the revisions aim to make the ...

CyRIC and bialoom, two Cypriot organisations, are contributing to the PhotonMed project, a major initiative in healthcare innovation, according to an official announcement. PhotonMed is a €32 million international project aimed ...

GDEV, a global gaming company based in Limassol, recently teamed up with InvestGame to examine the IPO landscape of 87 gaming firms with a combined valuation exceeding $350 billion. The gaming sector, ...

Research and Innovation Foundation (RIF) director general Theodoros Loukaidis was recently presented with the Athenian Glaive award in Athens. According to an official announcement released on Monday, the RIF chief ...

Cyprus has intensified its efforts to expand its Research and Development (R&D) landscape through a recent visit to Indonesia. Chief Scientist Demetris Skourides and Ambassador Nikos Panagiotou held ...

The Research and Innovation Foundation (RIF) on Friday announced the launch of ‘Boost,’ a new blended finance scheme. The new scheme is designed to support certified innovative companies in Cyprus ...

Top App Games, a mobile game developer headquartered in Cyprus, has secured $10 million in funding to bolster its hit strategy RPG, Ludus: Merge Arena, and to spearhead the development of ...

Playgama, a game tech platform with a presence in Cyprus, announced on Tuesday that it raised $3 million in a funding round led by The Open Platform and s16vc. The ...

Cypriot businesses have accelerated their digital transformation efforts in 2024, according a study on the use of information and communication technologies (ICT) and e-commerce. Conducted by the Cyprus Statistical Service (Cystat), ...

Anymaster founder Diana Verkhoturova recently gave an interview to Forbes magazine, detailing the Cypriot start-up’s ambitious plans to establish a strong presence in Greece. Founded in 2023 in Limassol, Anymaster ...

Cyprus Chief Scientist Demetris Skourides, joined by High Commissioner Nikos Panayiotou, concluded a week of strategic meetings in Singapore, strengthening partnerships and exploring AI policy frameworks to position Cyprus as ...

Paphos mayor Phedonas Phedonos has urged Cypriot businesses to adopt a more international, export-oriented approach, saying that the island can become a starting point from which they can sell products ...

Picture this: The sun sets over the stunning coastline of Paphos, casting a golden hue over the Coral Beach Hotel & Resort. Inside the chic Odyssey Bar, the air buzzes ...

The Cyprus Computer Society (CCS) on Thursday announced the passing of its president Costas Agrotis. The announcement described Agrotis as a pioneer, visionary, and cornerstone of the Cypriot IT community. “...

The Startup Universe Greece 2024 returns for its 4th consecutive year, continuing its mission to support and empower Greek startups. The programme connects a new generation of Greek startup founders with ...

Andrew Frost on the future of privacy and Cyprus’ tech potential Andrew Frost Moroz, founder of Aloha Browser, is a seasoned innovator with over two decades of experience in mobile ...