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Top 15 Video Games VC Funds & Investors in Cyprus (October 2026)

The most active venture capital funds investing in Cyprus Video Games startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Cyprus Video Games startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
GEM Capital
VC Fund
22 Cyprus, United States, Israel Seed, Pre-Seed, Series A Gaming, Video Games, Mobile Apps $400k–$15M
The Games Fund
VC Fund
3 Cyprus, United States, Poland Seed, Pre-Seed Gaming, Video Games, Online Games $1M–$5M
Gain Ventures
VC Fund
1 Cyprus Pre-Seed Gaming, Mobile, Video Games
Raga Partners
VC Fund
1 United States, Cyprus, Germany Seed, Series B, Series A Digital Media, Software, Health Care $200k–$85M
Yellow Rocks!
VC Fund
1 United States, United Kingdom, The Netherlands Seed, Pre-Seed Software, Artificial Intelligence, SaaS $40k–$3.5M
Heracles Capital
VC Fund
1 United States, Cyprus, Israel Seed, Pre-Seed, Series A Software, Gaming, Mobile $904k–$7.5M
Sistema_VC
VC Fund
1 United Kingdom, United States, Russian Federation Seed, Series A, Series B Software, Machine Learning, Information Technology $420k–$41M
VK (ex. Mail.Ru Group)
VC Fund
1 Russian Federation, United States, Cyprus Seed, Series A, Corporate Round Social Media, Education, Mobile Apps $500k–$126M
Almaz Capital
VC Fund
1 United States, Russian Federation, Germany Series A, Seed, Series B Software, Artificial Intelligence, Internet $1.1M–$58M
Davidovs Venture Collective
VC Fund
1 United States, United Kingdom, Canada Seed, Pre-Seed, Series A Artificial Intelligence, Software, Information Technology $125k–$29M
Kinisis Ventures
VC Fund
1 Cyprus, United States, United Kingdom Seed, Venture - Series Unknown, Pre-Seed Manufacturing, Energy, 3D Technology $218k–$2.6M
Embria
VC Fund
1 Cyprus, United States, Finland Seed, Pre-Seed Wellness, Health Care, Mobile Apps $294k–$4.2M
Pixeldog
VC Fund
1 Cyprus Seed Video Games
FunCubator
VC Fund
1 United States, Russian Federation, Cyprus Convertible Note, Seed, Pre-Seed Software, Video, Virtual Reality $500k–$1.5M
Unpopular Ventures
VC Fund
1 United States, India, United Kingdom Seed, Pre-Seed, Series A Software, Artificial Intelligence, Financial Services $500k–$34M
Access all 18 VC funds in Cyprus Video Games startups.

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Investor list

GEM Capital
VC Fund · Paphos, Paphos, Cyprus · 22 investments in Cyprus Video Games startups

GEM Capital is an international investment company that operates in private equity and venture capital markets. Leading venture capital investor in the games industry

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Investment focus

  • Industry: Gaming, Video Games, Mobile Apps
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Cyprus, United States, Israel

Investor stats

  • Total investments: 78
  • Round size: Seed $700k–$5M; Pre-Seed $400k–$3M; Series A $3M–$15M
  • Lead/follow: 82% lead, 18% follow

Portfolio highlights

  • SpeedyDD — Automate KYB onboarding, document management, compliance checks, and keep track of audit logs in one secure platform for regulated business
  • Odd Meter — Odd Meter develops video games across PC, VR, and console platforms. Focuses on action, adventure, and simulation genres.
  • Hypemasters — At Hypemasters, we create legendary & genre-defining games that players all over the world enjoy for years.
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The Games Fund
VC Fund · Los Angeles, California, United States · 3 investments in Cyprus Video Games startups

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.

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Investment focus

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

Investor stats

  • Total investments: 30
  • Round size: Seed $1M–$5M; Pre-Seed $1M–$3M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: May invest from a new fund soon — 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.
  • Spektra Games — We create the most realistic simulation/racing games for mobile!
  • 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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Gain Ventures
VC Fund · Seattle, Washington, United States · 1 investments in Cyprus Video Games startups

Multi-stage venture capital in AI, robotics, and frontier technology. From first check to pre-IPO. New York.

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Investment focus

  • Industry: Gaming, Mobile, Video Games
  • Stage:Pre-Seed
  • Geography: Cyprus

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Unitourn — Unitourn adapts popular mobile games such as Call of Duty, PlayerUnknown's Battlegrounds, Garena Free Fire and hosts tournaments. After registering on the platform, participants can compete in these games and receive a cash prize.
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Raga Partners
VC Fund · New York, New York, United States · 1 investments in Cyprus Video Games startups

Raga Partners is a venture capital firm that advises on alternative asset holdings across managed portfolios and private funds.

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Investment focus

  • Industry: Digital Media, Software, Health Care
  • Stage:Seed, Series B, Series A
  • Geography: United States, Cyprus, Germany

Investor stats

  • Total investments: 21
  • Round size: Seed $200k–$5.5M; Series A $14M–$36M; Series B $12M–$85M
  • Lead/follow: 24% lead, 76% 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.
  • Sky Harbour — Aviation's Home Basing Solution - Lease your own private hangar with adjoining lounge or office on an exclusive, tenant-only campus
  • Torch Dental — Torch Dental is an all-in-one dental supply platform trusted by 3,000+ practices. Save 16%+ on supplies and cut ordering time by 64%.
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Yellow Rocks!
VC Fund · San Francisco, California, United States · 1 investments in Cyprus Video Games startups

Yellow Rocks! invests in fast-growing early-stage companies with a clear global expansion strategy. The fund is focused on companies that are leveraging disruptive technologies and that are ready to reach $1B.Yellow Rocks! is based in San Francisco & Lisbon and we consider ourselves geo-agnostic. We truly believe that brilliant founders canbe found anywhere irrespective of geographical location. That being said right now we are focused on startups from the US and Europe.Yellow Rocks! is formed by successful serial entrepreneurs and investors with a deep understanding of fundraising and company’s development. GPs have a 10+ years of track record in well known organizations (World Bank, IFC, Google, EPAM), universities (MIT, Harvard, Stanford) and startup ecosystems (Y Combinator, TheEngine, TechStars, MassChallenge, 500 startups). Our team is distributed around different countries including the USA, Portugal and Armenia.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: United States, United Kingdom, The Netherlands

Investor stats

  • Total investments: 41
  • Round size: Seed $50k–$3.5M; Pre-Seed $40k–$1.7M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • CopySight AI — Check AI-generated content for copyright risk before it ships. CopySight scores similarity to protected characters, brands, and artwork.
  • Social Links — Social Links is a leading OSINT and Social Media Intelligence software developer of AI-powered technologies, trusted by law enforcement of 50+ countries companies from the S&P 500
  • Plurio — Full-Funnel Dashboards
with Advanced Attribution Built Just for You
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Heracles Capital
VC Fund · Austin, Texas, United States · 1 investments in Cyprus Video Games startups

Heracles Capital is a venture capital investment firm.

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Investment focus

  • Industry: Software, Gaming, Mobile
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Cyprus, Israel

Investor stats

  • Total investments: 15
  • Round size: Seed $3.3M–$7.5M; Pre-Seed $904k–$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.
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Sistema_VC
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Cyprus Video Games startups

Venture capital firm that backs and mentors growth-stage technology companies. Sistema_VC supports deep tech startups and brands that push the industry boundaries. With the team sourced from technology ecosystem we share our expertise and network to connect entrepreneurs with valuable professionals and prospect partners.

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Investment focus

  • Industry: Software, Machine Learning, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, United States, Russian Federation

Investor stats

  • Total investments: 34
  • Round size: Seed $420k–$4M; Series A $1.4M–$10M; Series B $2.8M–$41M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • NFWare — The World's Fastest Network Functions Virtualization. High-Performance NFV applications for carriers, data centers and enterprises
  • FinalPrice — New era in travel. Your search stops here and your savings begin! Private travel club for travel enthusiasts and professionals
  • KisanHub — KisanHub Agri-Food Supply Chain Software helps Producer Groups to transform their supply chain and improve margins with greater visibility and data driven insights. With all your supply and procurement data together in one convenient dashboard, you can better predict supply and make the most of demand. Choose from a suite of software modules thatwork seamlessly to provide fast access to crop progress, weather information, satellite imagery, stock levels and delivery schedules.
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VK (ex. Mail.Ru Group)
VC Fund · Leningradskiy, Chukot, Russian Federation · 1 investments in Cyprus Video Games startups

Mail.ru Group was founded by Yuri Milner and is the largest Internet company in the Russian-speaking world. It is one of the largest Internet companies in Russia, and the world's seventh largest Internet business in terms of page views. Mail.ru Group operates two of the three largest Russian language social networking sites (Odnoklassniki.ru and Moi Mir@Mail.Ru), the two largest instant messaging networks in Russia (ICQ and Agent), Russia's leading email service, Russia's second largest Internet portal and Russia's largest online games company. Mail also holds strategic equity stakes of 32.49% in vKontakte, Russia's largest social networking site, and 25.09% in QIWI, formerly OE Investments, one of Russia's leading payment-processing companies. It also holds small minority stakes in Facebook, Zynga and Groupon.

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Investment focus

  • Industry: Social Media, Education, Mobile Apps
  • Stage:Seed, Series A, Corporate Round
  • Geography: Russian Federation, United States, Cyprus

Investor stats

  • Total investments: 31
  • Round size: Seed $500k–$3.9M; Series A $1M–$11M; Corporate Round $35M–$126M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • Tochka — Tochka provides banking services to SMEs and entrepreneurs.
  • Magisto — Magisto online video editor is a fast & powerful video maker. Turn your photos and video clips into video stories with Magisto movie editor. Start free!
  • O2O Holdings — Formed by a JV between Sberbank and Mail.ru Group, provides an O2O services platform focusing on key areas of food and transportation.
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Almaz Capital
VC Fund · Portola Valley, California, United States · 1 investments in Cyprus Video Games startups

Almaz Capital is an international venture capital firm investing in early stage, capital efficient technology companies. A unique bridge fund headquartered in Silicon Valley, Almaz Capital connects Eastern European/former Soviet engineering and entrepreneurial talent to the U.S. market and helps build global businesses. The firm invests in high-growth sectors such as artificial intelligence and blockchain applications, data engineering, cybersecurity, industrial IoT, networking architecture and infrastructure. Its investors include Cisco, the European Bank for Reconstruction and Development (EBRD), and International Finance Corporation (IFC), a member of the World Bank Group. Founded in 2008, Almaz Capital has invested in over 30 portfolio companies and has had nine exits to date.

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Investment focus

  • Industry: Software, Artificial Intelligence, Internet
  • Stage:Series A, Seed, Series B
  • Geography: United States, Russian Federation, Germany

Investor stats

  • Total investments: 109
  • Round size: Seed $1.1M–$10M; Series A $2M–$21M; Series B $3.1M–$58M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $300M in 2016

Portfolio highlights

  • Alcatraz AI — The Rock is an all-in-one touchless biometric access control device that combines facial biometrics, AI, and machine learning for top-notch security.
  • Refurbed — Refurbed operates as an online marketplace for refurbished products in the german-speaking world. It sells renewed phones, laptops and tablets which are up to 40% cheaper and 100% more environmentally friendly than their brand-new, store-bought counterparts. Refurbed devices are renewed through a 40-step process, making them look like new andfunction like new. On top of that, each device comes with at least a 12-month guarantee.The company was founded in 2017 and is headquartered in Vienna, Austria.
  • Acumatica — Acumatica Is the Complete Cloud ERP Solution For All Your Business Management Needs Today and In The Future.
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Davidovs Venture Collective
VC Fund · Los Altos, California, United States · 1 investments in Cyprus Video Games startups, 8 in the past 12 months

Hi, we're Marina and Nick Davidovs, a family of founders building the future.

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Investment focus

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

Investor stats

  • Total investments: 126
  • Round size: Seed $1M–$11M; Pre-Seed $125k–$2.1M; Series A $7.6M–$29M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: Likely actively investing — fresh fund, raised $90k in 2025

Portfolio highlights

  • Boldr — Sustainability meets design. Save money and live more sustainably with Boldr products.
  • Aerosilicon — AeroSilicon is a deep-tech company that specializes in the semiconductor design and hardware engineering sectors. The firm pioneered the "Custom Chip as a Service" (CCaaS) model, utilizing a proprietary math-to-silicon synthesis engine to convert client algorithms directly into encrypted, device-locked FPGA bitstreams.
  • Autonomous Minds — Every Decision Backed by Data - Agentic GenBI
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Kinisis Ventures
VC Fund · New York, New York, United States · 1 investments in Cyprus Video Games startups

Kinisis Ventures is a venture capital firm backing bold founders building the future. Discover our portfolio, meet our team, and explore how we support startups from seed to scale.

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Investment focus

  • Industry: Manufacturing, Energy, 3D Technology
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Cyprus, United States, United Kingdom

Investor stats

  • Total investments: 16
  • Round size: Seed $1.1M–$2.6M; Venture - Series Unknown $218k–$1.4M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • Phase3D — Phase3D develops in-situ monitoring technology for additive manufacturing, providing real-time, layer-by-layer inspection of 3D printing processes. Their flagship product, Fringe, uses structured light to detect and quantify anomalies during printing, offering data in microns for quality assessment. Fringe is compatible with various industrial 3Dprinters and can be retrofitted to existing equipment. The system helps users identify issues early and take action to maintain part integrity.
  • Autonomics — Autonomics is developing a city cleaning solution to help municipalities make the urban environment a clean, healthy, and cozy place to live with robotics and AI.
  • ProMed BioSciences — Promed is an EU-based, highly innovative biotech company, developing collagen-based biomaterials
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Embria
VC Fund · Limassol, Limassol, Cyprus · 1 investments in Cyprus Video Games startups

We found, fund and grow tech companies since 2007

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Investment focus

  • Industry: Wellness, Health Care, Mobile Apps
  • Stage:Seed, Pre-Seed
  • Geography: Cyprus, United States, Finland

Investor stats

  • Total investments: 19
  • Round size: Seed $294k–$4.2M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Gameram — Open Gameram and share emotions about games you love
  • 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.
  • MEAL - Mindful Eating & Living — MEAL is a mobile app that helps people lose weight without losing themselves. They engage the user's senses by noticing colours, smells, sounds, textures, and flavours. They notice the effects food has on users feelings and figures. They also increase user awareness of food-related triggers and give users the freedom to choose their responseto them.
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Pixeldog
VC Fund · 1 investments in Cyprus Video Games startups

Pixeldog is a family office.

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Investment focus

  • Industry: Video Games
  • Stage:Seed
  • Geography: Cyprus

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Nice Plans Studio — We believe the future of mobile multiplayer lies in physics-driven combat, mobile-native controls, real teamplay, and games built to play for years.
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FunCubator
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Cyprus Video Games startups

Corporate VC fund of FunCorp. Investing in modern digital entertainment.

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Investment focus

  • Industry: Software, Video, Virtual Reality
  • Stage:Convertible Note, Seed, Pre-Seed
  • Geography: United States, Russian Federation, Cyprus

Investor stats

  • Total investments: 12
  • Round size: Seed $500k–$1.5M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • Viqeo — All-in-one video platform to simply add video illustrations, players and Google Web Stories to websites
  • XOCUS — XOCUS is a VR and XR games developer and publisher. We have two major titles: "Presentiment of Death" (a first-person shooter) and "Omega Pilot" (an addictive racing game with lots of tracks and multiplayer). We are about to release two more titles in early 2024: "Rock'n'Roots" and "Wicked Game".Stay tuned!
  • Hello Baby — Hello Baby is an ecosystem of family apps:Hello Baby, babyalbum.com – allows you to keep baby Memories, participate in parental Community, buy baby goods in the most-personalized Marketplace and find best venues Nearby. Also, you may automatically get personalized Printed albums and video Stories.Hello Belly, belly.babyalbum.com – thecutest pregnancy guide for future moms and dads ever. No heavy medical information, only useful practical tips in a cozy form. Free. Supports 5 languages.Baby Snap, snap.babyalbum.com – the time-lapse of your baby. Allows to capture one-second videos every day and get a final movie in one click.Baby Bot – smart bot for Messenger to solve all needs around baby in one place.
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Unpopular Ventures
VC Fund · San Francisco, California, United States · 1 investments in Cyprus Video Games startups

The best companies, off the beaten path.

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Investment focus

  • Industry: Software, Artificial Intelligence, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 622
  • Round size: Seed $500k–$8M; Pre-Seed $500k–$2.6M; Series A $6M–$34M
  • Lead/follow: 2% lead, 98% follow
  • Last fund: Likely actively investing — fresh fund, raised $13k in 2025

Portfolio highlights

  • Sourcepulse — Sourcepulse empowers engineering leaders to spot delays early, fix process bottlenecks, and confidently commit to deadlines.
  • Morphic — Morphic is the sovereign AI platform for organizations to capture and own their tribal knowledge. The Morphic Revenue Agent is the first agent we're launching - a proactive AI agent for sales teams that connects to their existing software and helps to tighten pipeline discipline, so you can close faster and more predictably. The Morphic Workspace is an agentic platform for any team, technical and non-technical, to build an AI operating system for your business. Connect any software tool in your stack, and embedded agents help to automate work while maintaining unified context across all your work tools. The Morphic Workspace comes with: > Knowledge base > Project management > Meeting recorder > Custom tables/records > Embedded agents that live on the workspace and platforms like Slack, WhatsApp, Telegram etc.
  • NORDA Dynamics — NORDA Dynamics is an autonomous UAV piloting system for carrying out missions in areas with limited connectivity.
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Video Games VC funding in Cyprus at a glance

Stats across 24 deals from 18 investors.

18
investors
in Cyprus Video Games startups
24
deals
in Cyprus Video Games startups
$1.4M
median round
in Cyprus Video Games startups
56%
lead investors
lead at least one round
50%
Seed
most common funding stage

Access all 18 VC funds in Cyprus Video Games startups.

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