10 Cyprus-based startups that are driving the island’s emerging tech ecosystem in 2026
Today, we are once again shining a spotlight on Cyprus, a Southern European startup ecosystem that continues to steadily advance and secure its niche. While it may not yet rival the scale of the continent’s largest innovation hubs, Cyprus is home to a growing startup scene that fosters entrepreneurial ambition and cross-border collaboration.
Our annual deep dive into national startup landscapes shows how the country is shaping its own niche by blending local talent with global potential.
Its strategic location at the crossroads of Europe, the Middle East, and Africa makes Cyprus a natural launchpad for founders aiming to cover multiple markets. From gaming to B2B software, SaaS, and broader ICT, including Web3, AI, and digital infrastructure, Cyprus startups are active across a diverse range of sectors. The ecosystem also boasts niches in EdTech or tourism, reflecting both its traditional strengths and a forward-looking vision.
Today, we highlight 10 promising Cyprus-based startups founded since 2021, each worth looking into in 2026. Together, they offer a snapshot of an ecosystem that demonstrates how Cyprus is positioning itself in Europe’s innovation landscape.
Blood GPT: This Nicosia-based healthcare startup develops an AI-driven platform that delivers insights from blood test results for clinics and telemedicine providers. Designed to be integrated seamlessly into existing healthcare workflows, the solution offers instant, personalised health recommendations, trend tracking, and automated reporting, helping medical professionals save time while improving patient engagement. The app is offered as a white-label product, enabling healthcare providers to brand the service as their own and enhance their offerings without heavy development costs.
Its AI also delivers actionable guidance, including diet and lifestyle recommendations based on specific biomarker deviations, helping clinicians reduce administrative workload and focus more on patient care. Since its 2025 founding, Blood GPT has raised €1 million to develop AI-driven growth, automating clinical interpretation and reporting to ease clinicians’ manual workloads.
Bolsterup: Launched in 2023 in Nicosia, this PropTech startup has developed an app designed to unite all players in the construction industry on a single platform. By creating a comprehensive digital blueprint of both completed and upcoming projects, its AI-software connects developers, contractors, architects, engineers, and suppliers. Users can build professional digital portfolios, discover relevant partners through intelligent matchmaking, and access new opportunities for collaboration and growth across markets. The platform enhances visibility, streamlines networking, and provides tools for smarter project discovery and business development.
To support its mission of making the industry more connected, efficient, and competitive, the startup has raised around €506k in funding. These resources are being used to accelerate product development and business expansion, helping to overcome the traditional barriers that have slowed digital progress in the built environment.
Eschatology Entertainment: This Lakatamia-based game development studio focuses on creating immersive, hardcore gaming experiences for PC and console players, with a strong emphasis on narrative depth and challenging gameplay. Launched in 2022, the studio brings together more than 65 professionals across eight countries, led by a founding team with extensive experience on landmark titles such as Half-Life 2, Dishonored, and World of Tanks. Its debut project is a Souls-like first-person shooter set in an atmospheric, alternative apocalyptic Wild West, currently in active development and designed to deliver a demanding, story-driven experience for core gamers.
The studio has secured substantial financial backing to support its ambition of developing and self-publishing AAA titles. It closed a €10.2 million Seed round in 2024, led by KRAFTON with participation from existing investors. This funding underpins the long-term goal of building a game studio rooted in themes of collapse, rebirth, and resurrection, targeting a global audience of players drawn to high-difficulty gameplay.
Heroes Made: It is a Nicosia-based EdTech startup focused on integrating emotional intelligence into learning for primary school students. Its core product is a SaaS platform for K-6 students and teachers, delivering a zero-prep, story-based social and emotional learning programme aligned with established educational frameworks. Through personalised avatars and narrative-driven lessons, students engage as the main characters in over 210 customisable activities designed to build self-awareness, emotional resilience, social skills, and responsible decision-making. The platform also includes tools such as an emotions tracker for real-time classroom, data-led assessments to monitor progress, and a student authoring library that allows children to create and publish their own illustrated stories.
Heroes Made was founded in 2021, having secured around €300k in funding to support its growth to date. In January 2024, the startup expanded into the US market. By prioritising ease of use for teachers and personalised, immersive learning for students, the startup aims to make social-emotional learning a natural and effective part of classes.
KEK Entertainment: This Limassol-based gaming startup focuses on developing high-quality AAA games for a global audience, with the goal of delivering immersive experiences that appeal to both casual and hardcore players. Its work centres on polished gameplay, rich virtual worlds, and long-term player engagement. A key technical focus lies in building competitive multiplayer systems that function reliably across different platforms, supported by robust backend infrastructure for matchmaking, player progression, and live game updates.
Founded in 2021, the startup has raised €9.4 million in funding to date. The capital is being used to develop its first title, a mobile action game with strong tactical depth, while also expanding the development team. Part of the funding supports the studio’s ambition to enable cross-platform gameplay across mobile devices, PCs, and consoles, aiming to create a more unified experience for players across different hardware ecosystems.
Nice Plans Studio: Built in 2024 by founders with a long track record in mobile shooter development, this Limassol-based game studio focuses on fast-paced multiplayer experiences designed specifically for smartphones. Its main game is a 3v3 multiplayer shooter where players use fast-paced action and destructible environments to change the map and gain an advantage during matches. A server-side simulation ensures that environmental changes, such as explosions and debris, are synchronised in real time for all players, creating a consistent and competitive gameplay experience.
To support the continued development and global launch of its debut game, the startup has raised €3.6 million in funding, including a €3 million round announced in June 2025 led by the family office Pixeldog, alongside a €600k contribution from the founders. Looking ahead, the studio is preparing for a Series A round to scale its current title and expand its portfolio around physics-based multiplayer gameplay.
Placy: Focused on automating everyday workflows in the real estate sector, this Nicosia-based startup has developed an AI-powered platform designed to support professionals across sales, property management, and short-term rentals. Its white-label AI agents handle tasks such as lead management, property searches, and appointment scheduling, while providing round-the-clock support in more than 50 languages. The system supports both text and voice interactions, including AI-powered voice assistants that can collect lead information and book viewings autonomously.
The platform analyses data from property listings, public registries, and social media to deliver personalised information and build detailed client profiles, helping agents respond faster and more accurately to enquiries. In addition, AI-driven voice assistants are used to collect new lead details and manage viewing bookings without manual input. To support its development and early market expansion, the startup launched in 2023 has landed €1.28 million in pre-Seed funding.
SOULA: Built to support women throughout pregnancy, childbirth, and the postpartum period, this Limassol-based digital health startup has developed an AI-powered mobile app that combines educational guidance with emotional support. The platform includes a smart chatbot, personalised content programmes, and a pregnancy tracker, giving users constant access to trusted information tailored to their stage of motherhood. The chatbot adapts its guidance based on user inputs, pregnancy stage, and behavioural patterns, enabling personalised recommendations and content delivery over time. Soula also uses data-driven personalisation to power its pregnancy tracker and learning programmes, adjusting tone, frequency, and topics as the user progresses.
SOULA blends expert-led medical and parenting knowledge with conversational AI. The app aims to improve maternal well-being, reduce the risk of postpartum depression, and strengthen family relationships through continuous, accessible support. Founded in 2021, the app has raised €1.2 million in funding to support product development and market growth.
Studio42: This Limassol-based mobile game development studio has raised €3.2 million in Seed funding to develop its first title. The game-creation studio, established in 2024, focuses on casual and hybrid-casual puzzle games built around simple but engaging mechanics.
Studio42 is already working on its debut game, which combines classic puzzle mechanics with a hybrid-casual approach and has moved from concept to live testing in just two months. This experimentation pipeline is designed to run a high volume of simultaneous tests, with plans to evaluate up to ten new game concepts each year. This often involves deploying lightweight versions of gameplay features to small player groups and using analytics to measure engagement, retention, monetisation and other key metrics before committing resources to full development.
Top App Games: Founded in 2024 in Nicosia, this mobile gaming startup focuses on online multiplayer games, creating immersive player-versus-player (PvP) experiences with action-packed, strategic gameplay. It offers a blend of real-time battles and deck-building mechanics through its flagship title, LUDUS (also known as Ludus: Merge Arena), where players collect units, build decks, join clans, and engage in fast-paced battles against global opponents in a world of magic and mayhem.
The startup has secured €9.3 million in funding to support the ongoing development of its games. The capital is being used to strengthen live operations, introduce new content and features, and grow an engaged global player base through continuous updates and optimisation.
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