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Top 10 Internet Startup Investors in Cyprus in October 2023

A list of 10 angel investors and VC (Venture Capital) funds that invest in Internet startups based in Cyprus. We rank investors based on the number of investments they made in Internet companies from Cyprus. We update this investor list every month.

Top 10 Internet Startup Investors in Cyprus in October 2023

Investor Internet Cyprus investments
Openfund 2
VNV Global 2
Nati Harpaz 2
Kinnevik 2
Society of International Business Fellows - SIBF 2
Kirill Voloshin 1
Admitad 1
GEM Capital 1
Alexey Orap 1
Kenges Rakishev 1

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Investor list
Openfund
VC Fund · Athens, Attiki, Greece

Openfund is a new seed capital venture, focusing on start-ups around software, mobile and the web. Based in Athens, Greece, the Openfund brings together an exceptional team of executives, an extensive list of advisors and a number of passionate investors to provide everything a team of entrepreneurs needs to turn ideas into products and success.

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Investment focus

  • Software, Travel, E-Commerce
  • Seed, Series A, Pre-Seed
  • Greece, United Kingdom, United States

Portfolio highlights

  • Goodvidio — Goodvidio is a software service that turns the power of product videos into a conversion optimization tool. It helps ecommerce stores optimize their product pages for conversions by adding curated product videos from social media, to engage shoppers and drive purchases.
  • 100mentors — Your people empowered by GenAI. Ask better questions. Build better prompts.
  • 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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VNV Global
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in the past 12 months

VNV Global is an investment company with the business concept of using experience, expertise and a widespread network to identify and invest in assets with considerable potential for value appreciation. The company has a special focus on online marketplaces and businesses with strong network effects. The common shares of VNV Global are listed onNasdaq Stockholm, Mid Cap segment, with the ticker VNV.

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Investment focus

  • E-Commerce, Health Care, Marketplace
  • Series B, Funding Round, Series A
  • United Kingdom, Sweden, Russian Federation

Portfolio highlights

  • MatHem — MatHem is an e-commerce company that combines a complete grocery store online with recipes and subscriptions for ready-made groceries. It delivers food to Swedish homes 7 days a week. The company also combines a full grocery store online with prescription and subscription finished shopping bags. MatHem offers a broad range of grocery products andadjacent household consumables, catering to more than half of Swedish households. The company food is delivered to your door with their own temperature-controlled to ensure an unbroken cold chain.Mathem.se has been awarded The Grocery Website of the Year (Årets matsajt) in 2010, 2011 and 2013 by the Swedish online magazine Internet world. It was founded in 2009 and is based in Stockholm, Sweden
  • Vezeeta — Vezeeta is the digital healthcare platform in MEA that connects patients with healthcare providers and health services. Patients are able to search, compare, book and review the best doctors in Egypt, Saudi Arabia, Jordan, and Lebanon. It also provides innovative SaaS solutions to healthcare providers in the region. Vezeeta empowers millions ofpatients through data and the ability to better access healthcare in the region. With over 200,000 verified reviews, patients are able to search, compare, and book the best doctors in just 1 minute. Doctors also provide Patients with seamless healthcare experiences through our clinic management software.
  • NoTraffic — NoTraffic has developed the first AI-powered traffic signal platform that connects road...
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Nati Harpaz
Angel · Melbourne, Victoria, Australia

Nati Harpaz is the CEO of Catch Group, Australia’s largest pure eCommerce organisation with a retail product business as well as a daily deals business. Nati’s focus is on building cultures in organisations to enable rapid growth which stems from the understanding that management cannot compromise on the quality of its human resource as well as therequirement of a very clear and concise business strategy to allow the entire organisation to focus on achieving it.On top of his position as CEO of Catch Group he is also the chairman of APAC’s largest retail media organisation – Inside Retail as well as an advisory board member of several publicly listed companies.

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Investment focus

  • PaaS, FinTech, Internet
  • Seed
  • Cyprus

Portfolio highlights

  • BridgerPay — We’re solving the toughest payment challenges to deliver growth-ready payment infrastructure.
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Kinnevik
VC Fund · Stockholm, Stockholms Lan, Sweden · 15 investments in the past 12 months

Kinnevik is an industry-focused investment company with an entrepreneurial spirit. Its purpose is to build digital consumer businesses that provide more and better choices. The company does this by working in partnership with talented founders and management teams to create, invest in, and lead fast-growing businesses in developed and emergingmarkets.Kinnevik believes in delivering both shareholder and social value by building well-governed companies that contribute positively to society. Kinnevik was founded in 1936 by the Stenbeck, Klingspor, and von Horn families. Kinnevik's shares are listed on Nasdaq Stockholm's list for large-cap companies under the ticker codes KINV A and KINV B.

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Investment focus

  • E-Commerce, Health Care, Financial Services
  • Series B, Funding Round, Series C
  • United States, Germany, Sweden

Portfolio highlights

  • Instabee — Delivery when it suits you who shop online
  • TravelPerk — TravelPerk offers the freedom travelers want, and the control companies need. Enjoy the world's largest travel inventory, 24/7 support and easy booking.
  • H2 Green Steel — H2 Green Steel will be a fully integrated, digitalized and automated greenfield steel plant. By bringing together raw materials, renewable energy, local expertise, and artificial intelligence, we aim to bring emissions down to zero.
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Society of International Business Fellows - SIBF
VC Fund · Atlanta, Georgia, United States

SIBF is a vast network of executive peers who leverage their collective knowledge, contacts and experiences

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Investment focus

  • PaaS, FinTech, Internet
  • Seed
  • Cyprus

Portfolio highlights

  • BridgerPay — We’re solving the toughest payment challenges to deliver growth-ready payment infrastructure.
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Kirill Voloshin
Angel · Minsk, Minsk, Belarus

Kirill Voloshin - Co-Founder @ TUT.BY

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Investment focus

  • Mobile Apps, Health Care, Software
  • Pre-Seed, Seed, Series A
  • Belarus, United States, Cyprus

Portfolio highlights

  • VOCHI — Made for creative video editing
  • TechMinsk — TechMinsk Accelerator based at Imaguru Startup HUB
  • Cashew — Cashew is a platform for banks and merchants that enables payments through mobile banking application with Point-of-Sale financing functionality. Cashew allows banks to easily upgrade their mobile applications and turn them into payment tools with value-added services for their customers thereby to initiate online and offline purchases andprovide bank's clients with point-of-sale financing.Thanks to direct payments to lower commission for transaction to 0.5%.
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Admitad
VC Fund · Heilbronn, Baden-Wurttemberg, Germany

Admitad provides opportunities for long-term partnershipand the development of your business.

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Investment focus

  • Marketing, E-Commerce, Software
  • Seed, Series A, Pre-Seed
  • Russian Federation, United States, Cyprus

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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GEM Capital
VC Fund · Paphos, Paphos, Cyprus · 3 investments in the past 12 months

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

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Investment focus

  • Gaming, Video Games, Online Games
  • Seed, Series A
  • Cyprus, Israel, Belarus

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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Alexey Orap
Angel · Kyiv, Kyyiv, Ukraine

Founder & CEO at YouScan, Serial Entrepreneur, Angel Investor

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Investment focus

  • Artificial Intelligence, Machine Learning, SaaS
  • Seed, Angel, Pre-Seed
  • United States, Cyprus

Portfolio highlights

  • outloud.ai — Frontline intelligence platform for offline retailers
  • VAR.energy — Resilient electric transition
  • Let's Enhance — AI to enhance, upscale and generate pictures. Increase resolution and quality. Fix blurry, pixelated, low res images. Make every photo sharp and clear. Start for free.
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Kenges Rakishev
Angel

Kenes (Kenges) Rakishev - a prominent entrepreneur and investor, and one of the most influential businessmen in Kazakhstan, according to Forbes magazine, Kenes has served in several top positions in both the private and public sector throughout his career and worked as an advisor for the Kazakhstan Interior Ministry and Department of Education.Kenes is a co-founder of the global venture fund Singulariteam. It was his vision to make advancing mobile technology more widely available after he noted a very real desire for currently unobtainable functionality.

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Investment focus

  • Mobile, Internet, Video
  • Series B, Funding Round, Seed
  • Cyprus, Israel, United States

Portfolio highlights

  • mobli — Mobli is a real-time visual media platform made up of subject-based channels such as people, places and topics. Mobli enables users to see the world through other people's eyes!
  • TriPlay — TriPlay is the next generation personal cloud company, enabling users worldwide to easily access, manage, share and enjoy their music, photos and videos across any computer, mobile phone, tablet or web-enabled television. TriPlay is a privately held company with offices in New York and Israel.
  • Fastlane Ventures — Fastlane Ventures is a Russian company focused on the development, launch and promotion of innovative internet businesses.Founded in 2010 by a team of experienced entrepreneurs with a track record of successful investments, the company has launched 20 internet start-ups to capitalize on the increasing demand for online services and growingappetite for investment in the Russian internet market by Western and Russian investors.The company has attracted more than $85 million from international investment funds. Key strategic investment partners of Fastlane Ventures are Direct Group, e.ventures and VTB Capital. Among the investors of the company also Intel Capital, Kinnevik, Mangrove Capital, ru-Net, UMJ Russia, and some others to launch companies across the online retail, travel, relationship, health and recruitment areas. The strategic focus of Fastlane Ventures is to target business-to-consumer niche markets with low levels of competition. The Company's aim is to anticipate the not yet satisfied needs of Russian customers.Fastlane Ventures acts as both an operational and investment partner at the same time. It is the sole Russian company that provides an initial seed investment in addition to having a hands-on operational role with its businesses through its team of high calibre professionals. To launch its business quickly and effectively, Fastlane Ventures has adopted proprietary solution called Fast 50, which enables a new venture to launch in just 50 days and ensures an efficient path between launch and exit. Fastlane Ventures has established a team of highly regarded professionals, who possess unique knowledge and expertise in management, entrepreneurship, e-commerce, business development, marketing and PR, investment generation, HR management, web design and much more. Once the new business venture is operating effectively, Fastlane Ventures helps its investment partners realize their investment return through the sale of the business to other strategic investors. This usually takes place approximately 2-3 years after the initial business launch. For more information about Fastlane Ventures and its portfolio companies, please visit http://fastlaneventures.ru/en/
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