Top 5 B2B VC Funds &amp; Investors in Cyprus (July 2026)

Steam Power Investments is a group of private investors with a focus on gaming industry. Our team has years of experience with best-in-class mobile games. We have strong background in game development tech and publishing, including marketing, monetization, live-ops. We use this knowledge to help businesses grow, whether they're just startingor looking for the ways to expand and grow faster. We are aiming to work with VC funds and gaming studios to promote mutual growth and shared learning.

Investment focus

Industry: B2B, SaaS, Software
Stage:Pre-Seed
Geography: Cyprus

Investor stats

Total investments: 2
Round size: Pre-Seed $1.1M–$1.1M
Lead/follow: 100% lead, 0% follow

Portfolio highlights

Magify — All-in-one advanced game analytics & LiveOps platform that provides all your mobile games analytics, ROAS predictions, retention, monetization trac...

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TGF is an early-stage VC fund founded by video games industry veterans. We invest in future leaders: game developers, gaming technologies, and services. We share best practices and offer our experience and personal touch.

Investment focus

Industry: Gaming, Video Games, Online Games
Stage:Seed, Pre-Seed, Series A
Geography: Cyprus, United States, Poland

Investor stats

Total investments: 29
Round size: Seed $1.3M–$5M; Pre-Seed $1M–$3M; Series A $11M–$15M
Lead/follow: 45% lead, 55% follow
Last fund: Likely still investing — raised $17M in 2021

Portfolio highlights

Playgama — Playgama is a fast-growing distributor of HTML5 games, connecting developers to an audience of 220 million monthly active players. We simplify game distribution and monetization, allowing developers to focus on creating exceptional games while we handle the rest. With open-source SDK, games distributed thought Playgama can reach players acrossleading high-traffic platforms, ensuring global exposure—from Europe to Asia and USA.
Drama Studios — Studios DRAMA has created UNRECORD which is a single-player FPS that tells the story of a tactical police officer from the perspective of his body camera.
Dark Passenger — Dark Passenger is a firm that develops video games. The team consists of both new blood specialists and seasoned gamedev professionals. The objective is to develop incredibly thrilling online experiences that emphasize both collaboration and competition and are captivated by human connections, alliances, fearless conflicts, and surprising turns ofevents.

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A venture capital fund that identifies early-stage innovators solving our toughest urban challenges and provides them with the capital and regulatory expertise to scale into tomorrow's most valued companies.

Investment focus

Industry: Software, FinTech, Artificial Intelligence
Stage:Seed, Series A, Pre-Seed
Geography: United States, Canada, United Kingdom

Investor stats

Total investments: 81
Round size: Seed $1M–$6M; Pre-Seed $1M–$9M; Series A $5.2M–$30M
Lead/follow: 19% lead, 81% follow
Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

Moritz — If you’re tired of spending $ X0k+ and months on ESOP, contracts, compliance, fundraising, cross-border work, employment, or tech, we built Arcline for you. Arcline’s 50+ AI-native lawyers works at startup speed and price. So you can sell, raise, hire, and launch in hours, not months.Arcline lawyers are trained at top schools (Harvard,Stanford, Oxford) and leading firms (Cooley, Goodwin, Fenwick). Trusted by founders backed by YC, Sequoia, a16z, Founders Fund.We’re delivering the same top tier legal help to you, without the usual delay or cost. Think of us as your fractional in-house legal team, ready to deploy when needed.
Mogul — Your path to financial success in the music business.
Variance — Build safer platforms with Intrinsic. Get access to the best safety technologies from one unified API. Enable your Trust & Safety team to tell cohesive stories from policy, to product, to enforcement.

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Admitad partnership management platform helps advertisers and publishers of all sizes grow their businesses globally.

Investment focus

Industry: Marketing, E-Commerce, Software
Stage:Seed, Series A, Pre-Seed
Geography: Russian Federation, United States, Cyprus

Investor stats

Total investments: 16
Round size: Seed $207k–$1.8M; Pre-Seed $220k–$550k; Series A $400k–$3M
Lead/follow: 44% lead, 56% follow

Portfolio highlights

Pampadu — Pampadu is an IT startup on online insurance.
RevGlue — Become a successful affiliate with RevGlue monetisation tools designed for content creators, influencers and affiliates to create instant affiliate websites and monetise existing web, mobile and social followers.
White Label — White Label is a coupon window service for online publications. White Label provides promo-code displays that the platform offers gives media resources an additional channel for monetizing the audience, and partner brands open up access to native sales attraction from the sites of leading media.

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