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Top 10 Gaming Startup Investors in Cyprus (May 2026)

The most active venture capital funds and angel investors investing in Cyprus Gaming startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Cyprus Gaming startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Flashpoint
VC Fund
5 United States, Israel, United Kingdom Series A, Seed Software, SaaS, Enterprise Software $750k–$18M
RTP Global
VC Fund
5 United States, India, Germany Series A, Seed, Series B Software, Information Technology, E-Commerce $1M–$82M
GEM Capital
VC Fund
4 Cyprus, Israel, Belarus Seed, Series A Gaming, Video Games, Online Games $700k–$20M
The Games Fund
VC Fund
4 Cyprus, United States, Turkey Seed, Pre-Seed Gaming, Mobile Apps, Video Games $1.2M–$4M
The Carlyle Group
VC Fund
2 United States, China, India Private Equity, Series B Software, Information Technology, Health Care $6.3M–$1B
My.Games Venture Capital
VC Fund
2 Cyprus, Belarus, Russian Federation Seed, Pre-Seed Gaming, Video Games, PC Games $163k–$4M
Velo Partners
VC Fund
1 United States, United Kingdom, Israel Seed, Series A Gaming, Mobile, Sports $2M–$30M
Embria
VC Fund
1 Cyprus Seed Gaming, Mobile Apps, Online Games
Mail.Ru Group
VC Fund
1 Russian Federation, United States, Cyprus Seed, Series A Social Media, Mobile Apps, Education $500k–$11M
Almaz Capital
VC Fund
1 United States, Russian Federation, Latvia Series A, Series B Software, Mobile, Internet $1.6M–$40M
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Investor list

Flashpoint
VC Fund · London, England, United Kingdom · 5 investments in Cyprus Gaming startups

Flashpoint is an international technology investment firm that manages venture capital, secondary buy-out and venture debt funds.

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Investment focus

  • Industry: Software, SaaS, Enterprise Software
  • Stage:Series A, Seed
  • Geography: United States, Israel, United Kingdom

Investor stats

  • Total investments: 93
  • Round size: Seed $750k–$4.3M; Series A $2.1M–$18M
  • Lead/follow: 69% lead, 31% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Algori — Improving FMCG growth with the fastest and most granular insights from 45,000 shoppers in Spain
  • Hotelmize — Our Big Data Solutions for the booking Industry identifies and takes advantage of booking price volatility, automatically increasing your profitability.
  • Welcome Pickups — Book a trusted local driver to pick you up and introduce you to your next destination, pre-order travel essentials.
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RTP Global
VC Fund · London, England, United Kingdom · 5 investments in Cyprus Gaming startups, 11 in the past 12 months

A global, early-stage venture capital firm, backing founders who use technology to reimagine how the world works like Datadog, DeliveryHero and Cred.

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Investment focus

  • Industry: Software, Information Technology, E-Commerce
  • Stage:Series A, Seed, Series B
  • Geography: United States, India, Germany

Investor stats

  • Total investments: 165
  • Round size: Seed $1M–$6.6M; Series A $5M–$36M; Series B $8M–$82M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Wiom — Provides affordable and unlimited Internet to Middle and lower middle income households
  • Alvys — Alvys is a cloud-based transportation management system with high-tech automation. Specializing in workflow efficiency for small to mid-size carriers. Alvys stands out by saving carriers and freight brokers more time per load than any other TMS! Save up to 30 minutes per load, organize your operations in one place, scale with ease and integrateall your favorite tools. The proof is in the workflows and here's a sneak peek of our popular features:• Driver App • Tracking & Tracing • Source for Truck Capacity • End-to-End Visibility • One Click Accounting • Analytics & Reporting • Safety & Maintenance • Integrations • Benefits for BrokersTRY US FOR FREE! www.alvys.com
  • Yonder — A modern lifestyle credit card packed with rewards, no foreign exchange fees, and loads more. Apply without needing a UK credit score.
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GEM Capital
VC Fund · Paphos, Paphos, Cyprus · 4 investments in Cyprus Gaming startups

GEM Capital is an international investment company that operates in private equity and venture capital markets.

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Investment focus

  • Industry: Gaming, Video Games, Online Games
  • Stage:Seed, Series A
  • Geography: Cyprus, Israel, Belarus

Investor stats

  • Total investments: 10
  • Round size: Seed $700k–$7M; Series A $3.5M–$20M
  • Lead/follow: 73% lead, 27% follow

Portfolio highlights

  • Red Rover — We're on a mission to reimagine the multiplayer gaming landscape, with an emphasis on crafting groundbreaking survival experiences that champion player agency and drama.
  • Made on Earth Games — Made on Earth Games is a mobile gamedevelopment company founded in 2021.Our objective is to combine high quality art, deep creative gameplay and modern technologies. We want to deliver an amazing game experience to mobile devices across the world.At Made on Earth Games all team members have a unique chance to contribute to the final productand the whole company.
  • Eschatology Entertainment — Game developers on a quest to create a new generation of immersive hardcore shooters set in a unique apocalyptic world.
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The Games Fund
VC Fund · Los Angeles, California, United States · 4 investments in Cyprus Gaming startups, 7 in the past 12 months

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, Mobile Apps, Video Games
  • Stage:Seed, Pre-Seed
  • Geography: Cyprus, United States, Turkey

Investor stats

  • Total investments: 10
  • Round size: Seed $1.2M–$4M
  • Lead/follow: 80% lead, 20% follow
  • Last fund: Likely still investing — raised $17M in 2021

Portfolio highlights

  • Zakazane — Zakazane is a games development company.It focuses on creating a single-player adventure RPG set in an interpretation of the Old West.
  • Red Rover — We're on a mission to reimagine the multiplayer gaming landscape, with an emphasis on crafting groundbreaking survival experiences that champion player agency and drama.
  • Made on Earth Games — Made on Earth Games is a mobile gamedevelopment company founded in 2021.Our objective is to combine high quality art, deep creative gameplay and modern technologies. We want to deliver an amazing game experience to mobile devices across the world.At Made on Earth Games all team members have a unique chance to contribute to the final productand the whole company.
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The Carlyle Group
VC Fund · Washington, District of Columbia, United States · 2 investments in Cyprus Gaming startups, 10 in the past 12 months

The Carlyle Group is a company involved in the private equity industry primarily. The firm operates four fund families, focusing on leveraged buyouts, venture & growth capital, real estate, and leveraged finance investments.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Private Equity, Series B
  • Geography: United States, China, India

Investor stats

  • Total investments: 201
  • Round size: Series B $6.3M–$43M; Private Equity $49M–$1B
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • CoreWeave — CoreWeave provides flexible compute services and products to empower innovators. The company provides GPU accelerated compute solutions to the CGI and machine learning industries. Backed by quality hardware and systems management infrastructure, CoreWeave is built to help clients scale and adapt to evolving compute requirements at industry leadingeconomics.
  • Anthesis Group — Anthesis is the sustainability activator, they seek to make a significant contribution that is more resilient and productive.
  • Quest Global — QuEST Global Services is a provider of outsourced engineering services with over 2000 employees and operations across USA, Europe, and Asia.Founded in 1997, QuEST has been a trusted partner providing comprehensive support across the complete engineering lifecycle to help their customers improve efficiency, increase quality, create new products,and open new markets.
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My.Games Venture Capital
VC Fund · Moscow, Moscow City, Russian Federation · 2 investments in Cyprus Gaming startups

MGVC is a global gaming investor

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Investment focus

  • Industry: Gaming, Video Games, PC Games
  • Stage:Seed, Pre-Seed
  • Geography: Cyprus, Belarus, Russian Federation

Investor stats

  • Total investments: 18
  • Round size: Seed $163k–$4M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2021

Portfolio highlights

  • dc1AB — dc1AB they are making a game with multi- players.
  • AMT Games — AMT Games is a leading web and mobile games developer, bringing awesome graphics, smooth gameplay, frequent updates to the huge community of gamers.
  • Bring It On — Bring It On is a mission to redefine the skill games category, merging strong technological infra.
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Velo Partners
VC Fund · London, England, United Kingdom · 1 investments in Cyprus Gaming startups

Velo Partners is a principal investment fund specializing in investments in mobile gaming and online gambling globally. Velo Partners is based in London.

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Investment focus

  • Industry: Gaming, Mobile, Sports
  • Stage:Seed, Series A
  • Geography: United States, United Kingdom, Israel

Investor stats

  • Total investments: 37
  • Round size: Seed $2M–$5M; Series A $4.2M–$30M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Oddin.gg — Oddin.gg - Esports live odds provider with industry-leading uptime and multiple live markets. B2B Esports data API. Boost volume and profit. Try our demo.
  • Jarvi Games — Jarvi Games is a team of young and enthusiastic people who share the goal of making the best MMO action game on mobile devices. We aspire to build the best gaming experience in open world!
  • Pnkfrg Studios — Pnkfrg Studios is a mobile gaming studio startup designing games for the Lightning Network on Bitcoin.
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Embria
VC Fund · Limassol, Limassol, Cyprus · 1 investments in Cyprus Gaming startups

We found, fund and grow tech companies since 2007

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Investment focus

  • Industry: Gaming, Mobile Apps, Online Games
  • Stage:Seed
  • Geography: Cyprus

Investor stats

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

Portfolio highlights

  • 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.
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Mail.Ru Group
VC Fund · Leningradskiy, Chukot, Russian Federation · 1 investments in Cyprus Gaming 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, Mobile Apps, Education
  • Stage:Seed, Series A
  • Geography: Russian Federation, United States, Cyprus

Investor stats

  • Total investments: 30
  • Round size: Seed $500k–$3.9M; Series A $1M–$11M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Uchi.ru — Uchi.ru offers online courses for school students.
  • 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.
  • AliExpress Russia — AliExpress Russia is a leading cross-border and domestic e-commerce platform in Russia.
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Almaz Capital
VC Fund · Portola Valley, California, United States · 1 investments in Cyprus Gaming 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 inhigh-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, Mobile, Internet
  • Stage:Series A, Series B
  • Geography: United States, Russian Federation, Latvia

Investor stats

  • Total investments: 91
  • Round size: Series A $1.6M–$17M; Series B $2.5M–$40M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — last raise 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.
  • marta — German Version below:marta offers a market place for families, people in need of care and European caregivers. We believe that, on the one hand everyone has the right to receive appropriate care and to age with dignity and on the other hand caregivers should be able to do their work under fair conditions.We are working on software solutions toconnect caregivers with families across Europe and we support both parties during the entire process. In our own families we have seen that the current market is characterized by non-transparent services and does not deliver adequate quality. It is out mission to change that.That is why we at marta pursue the goal of making things better by applying our software solutions to fundamentally rebuilding the "24-hour" care market.Deutsche Version:marta bietet einen Marketplatz für Familien, pflegebedürftige Menschen und europäische Pflegekräfte. Aus unserer Sicht, hat zum einen jede/r das Recht darauf, angemessene Pflege zu erhalten und in Würde zu altern und zum anderen sollten Pflegekräfte unter fairen Bedingungen ihre Arbeit machen können.Wir arbeiten an dem Bau von Softwarelösungen, um Pflegekräfte mit Familien in ganz Europa zu verbinden und während der Betreuung zu begleiten. In unseren eigenen Familien haben wir gesehen, dass der derzeitige Markt von intransparenten Dienstleistungen geprägt ist und keine angemessene Qualität liefert.Deswegen verfolgen wir bei marta das Ziel, es durch unsere Softwarelösungen besser zu machen und den Markt der "24-Stunden" Pflege grundlegend neu aufzubauen.
  • WORKERBASE — Agile manufacturing to increase production flexibility and ensure business continuity. Intelligent process execution for the connected worker to increase operational flexibility and reduce costs in Industry 4.0
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Gaming Investor funding in Cyprus at a glance

Stats across 12 deals from 11 investors.

11
investors
in Cyprus Gaming startups
12
deals
in Cyprus Gaming startups
$2M
median round
in Cyprus Gaming startups
55%
lead investors
lead at least one round
67%
Seed
most common funding stage
100/0
VC / Angel
share of investor count

Access all 11 investors in Cyprus Gaming startups.

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