Top 10 Mobile Apps VC Funds & Investors in Cyprus (June 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
GEM Capital
VC Fund
|
6 | Cyprus, United States, Israel | Seed, Pre-Seed, Series A | Gaming, Video Games, PC Games | $400k–$20M |
|
The Games Fund
VC Fund
|
3 | Cyprus, United States, Poland | Seed, Pre-Seed, Series A | Gaming, Video Games, Online Games | $1M–$15M |
|
Play Ventures
VC Fund
|
2 | United States, Finland, United Kingdom | Seed, Pre-Seed, Series A | Gaming, Video Games, Software | $700k–$25M |
|
Urban Innovation Fund
VC Fund
|
1 | United States, Canada, United Kingdom | Seed, Series A, Pre-Seed | Software, FinTech, Artificial Intelligence | $1M–$30M |
|
Dragon Capital
VC Fund
|
1 | United States, Cyprus | Seed, Pre-Seed, Series A | Software, FinTech, Finance | $1.8M–$2.1M |
|
Flyer One Ventures
VC Fund
|
1 | United States, United Kingdom, Cyprus | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, Information Technology | $350k–$15M |
|
Heracles Capital
VC Fund
|
1 | United States, Cyprus, Israel | Seed, Pre-Seed, Series A | Software, Gaming, Mobile | $878k–$7.5M |
|
Embria
VC Fund
|
1 | Cyprus | Seed | Gaming, Mobile Apps, Online Games | $334k–$500k |
|
Velo Partners
VC Fund
|
1 | United States, United Kingdom, Israel | Seed, Series A | Gaming, Mobile, Sports | $1.5M–$100M |
|
Raga Partners
VC Fund
|
1 | United States, Cyprus, Germany | Seed, Series B, Series A | Digital Media, Health Care, Media and Entertainment | $200k–$85M |
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GEM Capital is an international investment company that operates in private equity and venture capital markets. Leading venture capital investor in the games industry
Show more...Investment focus
- Industry: Gaming, Video Games, PC Games
- Stage:Seed, Pre-Seed, Series A
- Geography: Cyprus, United States, Israel
Investor stats
- Total investments: 38
- Round size: Seed $700k–$5M; Pre-Seed $400k–$3M; Series A $3M–$20M
- Lead/follow: 76% lead, 24% follow
Portfolio highlights
- AppMagic — Mobile market intelligence tool
- Order of Meta — game development company
- Made on Earth Games — Play never alone. Building an AI-native social autobattler with persistent AI buddies and real squads.
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.
Show more...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.
Play Ventures is a venture funding that invests globally in games and game services startups.
Show more...Investment focus
- Industry: Gaming, Video Games, Software
- Stage:Seed, Pre-Seed, Series A
- Geography: United States, Finland, United Kingdom
Investor stats
- Total investments: 129
- Round size: Seed $1.5M–$9M; Pre-Seed $700k–$3.5M; Series A $7M–$25M
- Lead/follow: 43% lead, 57% follow
- Last fund: Likely still investing — fund raised in 2023
Portfolio highlights
- Nefta — One platform to build, launch and operate web3 games
- Alter — Alter is an open source, cross-platform SDK consisting of a real-time 3D avatar system and motion capture built from scratch for web3 interoperability and the open metaverse.
- Arya — Arya is building the Couples Wellness category, poised to become the next billion-dollar cornerstone in the global wellness market.Couples are falling into routine and many are experiencing increased loneliness. While billions are spent on fitness, mindfulness, and sleep, emotional and physical intimacy is often neglected. We invest in swipingfor the right partner and then trying to fix it (or spend a fortune divorcing them)... but not much in between.Arya's AI concierge makes it radically easy for couples to invest in their relationship and love life, both inside and outside the bedroom - a crucial ingredient to a successful relationship.
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.
Show more...Investment focus
- Industry: Software, FinTech, Artificial Intelligence
- Stage:Seed, Series A, Pre-Seed
- Geography: United States, Canada, United Kingdom
Investor stats
- Total investments: 80
- Round size: Seed $1.2M–$6M; Pre-Seed $1M–$9M; Series A $5.1M–$30M
- Lead/follow: 18% lead, 82% 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.
Venture Capital firm investing in early stage startups founded by passionate entrepreneurs building emerging technology solutions to digitize, disrupt and optimize traditional business models across various non-digital industry verticals.
Show more...Investment focus
- Industry: Software, FinTech, Finance
- Stage:Seed, Pre-Seed, Series A
- Geography: United States, Cyprus
Investor stats
- Total investments: 10
- Round size: Seed $1.8M–$2.1M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Boostly — Boost your restaurant's outreach with Boostly SMS marketing tool. Drive engagement and increase sales! Click to learn more.
- Simnovus — Optimize network performance with Simnovus' 5G, LTE, and IoT telecom testing solutions.
- Vecindario — A platform to help during the whole process of buying new housing which seeks to eliminate the issues that may arise in the process.
Flyer One Ventures is an international early-stage venture capital firm focused on early-stage startups from CEE region. The fund invests in future-proof startups, founded by exceptional teams, and operating on global markets worth more than $10 billion. Flyer One Ventures funds startups in Mobile, Health Tech, EdTech, Fitness & Wellness, B2BSaaS, Gaming, FoodTech, and AI/ML industries and helps them scale on international markets. Founded by the co-founder of BetterMe and supported by Genesis Tech, Flyer One Ventures has deep expertise in Digital Marketing, Product, PR, Branding, and Recruiting. Along with the financial investment, Flyer One Ventures actively supports its portfolio companies, helping them optimize Digital Marketing campaigns, hire R&D staff, build user-friendly products, and fundraise Series A and Series B rounds. Flyer One Ventures' ultimate goal is to support early-stage startups in the geographies with low access to early financing and help them become global leaders by mentorship and daily support.
Show more...Investment focus
- Industry: Software, Artificial Intelligence, Information Technology
- Stage:Seed, Pre-Seed, Series A
- Geography: United States, United Kingdom, Cyprus
Investor stats
- Total investments: 82
- Round size: Seed $550k–$8M; Pre-Seed $350k–$3M; Series A $1M–$15M
- Lead/follow: 26% lead, 74% follow
- Last fund: Likely still investing — fund raised in 2022
Portfolio highlights
- Awesomic — Get matched with the best-fit designer on a fixed budget with no stress. Place a design task and see the first results on the next business day. Start today!
- ForActive — ForActive The Best App to Buy & Sell Memberships
- Accel Club — Our sellers enjoy a fast and transparent transaction process. This is due to the efforts of our experienced team from companies like Amazon, McKinsey, Procter & Gamble and Uber.
Heracles Capital is a venture capital investment firm.
Show more...Investment focus
- Industry: Software, Gaming, Mobile
- Stage:Seed, Pre-Seed, Series A
- Geography: United States, Cyprus, Israel
Investor stats
- Total investments: 14
- Round size: Seed $3.3M–$7.5M; Pre-Seed $878k–$2.5M
- Lead/follow: 7% lead, 93% follow
Portfolio highlights
- Arya — Arya is building the Couples Wellness category, poised to become the next billion-dollar cornerstone in the global wellness market.Couples are falling into routine and many are experiencing increased loneliness. While billions are spent on fitness, mindfulness, and sleep, emotional and physical intimacy is often neglected. We invest in swipingfor the right partner and then trying to fix it (or spend a fortune divorcing them)... but not much in between.Arya's AI concierge makes it radically easy for couples to invest in their relationship and love life, both inside and outside the bedroom - a crucial ingredient to a successful relationship.
- Milo Gold — Milo Gold is a blockchain services company that offers tokenized gold investment services.
- ContextSDK — ContextSDK transforms your app using real-time user context to improve conversions. Enhance user satisfaction and raise app revenue by knowing your users' unique needs, no matter where they are.
We found, fund and grow tech companies since 2007
Show more...Investment focus
- Industry: Gaming, Mobile Apps, Online Games
- Stage:Seed
- Geography: Cyprus
Investor stats
- Total investments: 2
- Round size: Seed $334k–$500k
- Lead/follow: 50% lead, 50% follow
Portfolio highlights
- Duunitori — Duunitori is a Finnish job board and recruiting media, that gathers all the jobs in one place and helps employers to clarify and communicate their employer brand. Duunitori manages hundreds of communities in social media and partner sites delivering useful career advice and thousands of jobs to the relevant audiences.Duunitori helps recruitersand hiring managers to reach the best candidates by utilizing its job advertising network and social media campaigns.Duunitori has become one of the largest recruitment media verticals in Finland during 2014-2015. Every month 2.5M job ads are being read on Duunitori.fi, which also holds a community of 250 000 followers in various social media channels.
- 10K Riders — 10k Riders is a mobile publishing company that offers IP ownership, profit-shares in their clients' favor, and non-exclusivity. 10K Riders is built around a “creative-yet-reliable” co-development approach, uniting different developers to pool resources and knowledge. The company is headquartered in Limassol, Limassol and was founded in August2021, and has worked on over 100 gaming projects with 78 studios online.
Founded in 2011 by Evan Hoff, Velo Partners is a venture capital firm that invests and manages a portfolio spanning the global gaming and gambling industry. Velo typically invests in Series A or early growth stage rounds. Our ideal investment candidates demonstrate strong early transaction and a clear understanding of their unit economics and growth trajectory. We also work in association with a gaming accelerator called RNG FOUNDRY for earlier stage investment in iGaming content.
Show more...Investment focus
- Industry: Gaming, Mobile, Sports
- Stage:Seed, Series A
- Geography: United States, United Kingdom, Israel
Investor stats
- Total investments: 44
- Round size: Seed $1.5M–$5M; Series A $4.2M–$100M
- Lead/follow: 27% lead, 73% follow
Portfolio highlights
- NPrep — NPrep is an AI-powered skilling and placement platform specifically designed for nursing students and professionals.
- 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.
- EasyWin — EasyWin is a Poland-based real-money gaming startup operating in the US and other major markets.
Raga Partners is a venture capital firm that advises on alternative asset holdings across managed portfolios and private funds.
Show more...Investment focus
- Industry: Digital Media, Health Care, Media and Entertainment
- Stage:Seed, Series B, Series A
- Geography: United States, Cyprus, Germany
Investor stats
- Total investments: 19
- Round size: Seed $200k–$5.5M; Series A $14M–$36M; Series B $12M–$85M
- Lead/follow: 21% lead, 79% follow
Portfolio highlights
- Joy — Joy is the creator of the first Smart Photo Album that allows you to curate and share your favorite photos with friends and family. Designed to live on your coffee table and sit comfortably in your lap, the Joy Album makes your most cherished moments instantly viewable in gorgeous layouts, finally modernizing the lost art of creating a physicalphoto album.The Joy team hails from Apple and Sonos and is building a premium all-in-one hardware and software photo solution for families to share memories with loved ones near and far.The company was founded in February 2016 and is backed by top investors including Obvious Ventures, David B. Heller, Maywic and The Chernin Group.Joy is headquartered in San Francisco, California. For more information, visit http://www.joy.co.
- MSCHF — MSCHF, as a practice and as an entity, manifests the ambition for creative work / a creative entity to wield power (in culture; on the world stage) competitive with the cultural power held by global corporations, celebrities, and media entities.
- Organic — High-traffic websites using Flexpress' platform run 15X faster, which increases audience, revenue, and engineering efficiency 20%+.
Mobile Apps VC funding in Cyprus at a glance
Stats across 20 deals from 26 investors.
Access all 26 VC funds in Cyprus Mobile Apps startups.
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