Limassol's first cheques come from angels. CYBAN and broker wealth back early teams. Founder-angels and funds join too. Here are 13 angel investors funding Limassol startups in 2026.
Limassol holds a small but very lively angel scene. Local forex and crypto wealth feed the angel pool.
CYBAN organises most of the formal angel money here. Founder-angels then add their own private cheques.
You will pitch a dozen angels across one early round. Ellty keeps your pitch deck behind one tracked link.
Most want a clean data room before they commit cash. Build it once in Ellty and reuse it for everyone.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| CYBAN | Angel network | $25K-250K | Sector-agnostic tech | cyban.com.cy |
| IDEA Innovation Center | Accelerator + angels | EUR 20K + intros | Sector-agnostic early | ideacy.net |
| Cyprus Seeds | Accelerator / grants | EUR 10K-50K | Research spinouts, deeptech | cyprusseeds.com |
| Gravity Ventures | Micro-fund / builder | $50K-300K | SaaS, venture-built | gravity.eu |
| 33East | Seed micro-fund | EUR 100K-1M | Cyprus tech founders | 33east.vc |
| Crowdbase | Angel equity platform | EUR 100 min | SaaS, proptech, fintech | crowdbase.eu |
| Demetrios Zoppos | Super-angel | $25K-200K | Early-stage tech | linkedin.com/in/zoppos |
| Andreas Koupparis | Angel / CYBAN CEO | $25K-250K | Sector-agnostic | cyban.com.cy |
| Emilios Markou | Individual angel | EUR 100K-500K | Insurtech, fintech | crunchbase.com |
| Alexey Orap | Super-angel | EUR 50K-200K | AI/ML, SaaS | crunchbase.com |
| EBAN | EU angel federation | Member-dependent | Cross-sector pan-EU | eban.org |
| ULTRA.VC | Micro-fund / accelerator | Pre-seed angel-scale | Early-stage tech | ultra.vc |
| Marios Demetriades | Individual investor | EUR 50K-300K | Fintech, infrastructure | linkedin.com |
Get your deck in front of angels
Ellty tracks who opened it and what they read.
Start free 14-day trialWhat Cyprus angels look for
A Cyprus angel backs the founder first of all here. They back you long before your numbers really grow.
Early traction counts more than a slick, neat deck. A few real, paying users move an angel quickly too.
Angels want one clear, honest use for their money. Show exactly what every dollar you raise will buy.
See our Limassol crypto investors list too. Ellty shows which angel opened your deck and stopped.
Ten years ago there was very little to talk about. Now we see the startups, the accelerators and, most importantly, the investors.
13 Limassol angel investors
1. CYBAN
The only dedicated business angel network in Cyprus.
Recent Activity: Has invested EUR 4.8M-plus to date
LinkedIn: CYBAN on LinkedIn
Sector Focus: Sector-agnostic tech
Stage Focus: Pre-seed, seed
Check Size: $25K-250K
Location: Nicosia, Cyprus
Website: cyban.com.cy
2. IDEA Innovation Center
Bank of Cyprus's accelerator with an angel network.
Recent Activity: Backed 100-plus startups in ten years
LinkedIn: IDEA Innovation Center on LinkedIn
Sector Focus: Sector-agnostic early
Stage Focus: Pre-seed (accelerator)
Check Size: EUR 20K + intros
Location: Nicosia, Cyprus
Website: ideacy.net
3. Cyprus Seeds
A non-profit turning Cyprus research into startups.
Recent Activity: Runs about 12 research teams a year
LinkedIn: Cyprus Seeds on LinkedIn
Sector Focus: Research spinouts, deeptech
Stage Focus: Pre-seed (grants)
Check Size: EUR 10K-50K
Location: Nicosia, Cyprus
Website: cyprusseeds.com
4. Gravity Ventures
A Cyprus venture builder and early-stage micro-fund.
Recent Activity: A Nicosia venture builder since 2016
LinkedIn: Gravity Ventures on LinkedIn
Sector Focus: SaaS, venture-built
Stage Focus: Pre-seed, seed
Check Size: $50K-300K
Location: Nicosia, Cyprus
Website: gravity.eu
5. 33East
Cyprus's flagship VC, active at the pre-seed stage.
Recent Activity: Grew its fund to EUR 35M in 2026
LinkedIn: 33East on LinkedIn
Sector Focus: Cyprus tech founders
Stage Focus: Pre-seed, seed
Check Size: EUR 100K-1M
Location: Limassol, Cyprus
Website: 33east.vc
6. Crowdbase
A CySEC-regulated equity crowdfunding platform here.
Recent Activity: Raised a record EUR 539,720 in one round
LinkedIn: Crowdbase on LinkedIn
Sector Focus: SaaS, proptech, fintech
Stage Focus: Seed (crowd)
Check Size: EUR 100 min
Location: Limassol, Cyprus
Website: crowdbase.eu
Spot the angels reading your deck
Ellty logs every open and page. Follow up first, not last.
Start free 14-day trial7. Demetrios Zoppos
A veteran Cyprus tech angel and 33East co-founder.
Recent Activity: Has backed startups for 25-plus years
LinkedIn: Demetrios Zoppos on LinkedIn
Sector Focus: Early-stage tech
Stage Focus: Pre-seed, seed
Check Size: $25K-200K
Location: Limassol, Cyprus
Website: linkedin.com/in/zoppos
8. Andreas Koupparis
Founder and chief of the Cyprus angel network CYBAN.
Recent Activity: Founded CYBAN back in 2013
LinkedIn: Andreas Koupparis on LinkedIn
Sector Focus: Sector-agnostic
Stage Focus: Pre-seed, seed
Check Size: $25K-250K
Location: Nicosia, Cyprus
Website: cyban.com.cy
9. Emilios Markou
A Hellas Direct co-founder and active fintech angel.
Recent Activity: Backed Baobab, iovox and ParkAround
LinkedIn: Emilios Markou on LinkedIn
Sector Focus: Insurtech, fintech
Stage Focus: Seed
Check Size: EUR 100K-500K
Location: Cyprus and London
Website: crunchbase.com
10. Alexey Orap
A YouScan founder backing AI and ML startups here.
Recent Activity: Backed Let's Enhance and outloud.ai
LinkedIn: Alexey Orap on LinkedIn
Sector Focus: AI/ML, SaaS
Stage Focus: Pre-seed, seed
Check Size: EUR 50K-200K
Location: Cyprus and Ukraine
Website: crunchbase.com
11. EBAN
Europe's main federation of business angel networks.
Recent Activity: Links 150-plus angel networks in Europe
LinkedIn: EBAN on LinkedIn
Sector Focus: Cross-sector pan-EU
Stage Focus: Pre-seed, seed
Check Size: Member-dependent
Location: Brussels, EU
Website: eban.org
12. ULTRA.VC
A Cyprus early-stage fund and startup accelerator.
Recent Activity: A Cyprus fund with an in-house accelerator
LinkedIn: ULTRA.VC on LinkedIn
Sector Focus: Early-stage tech
Stage Focus: Pre-seed (accelerator)
Check Size: Pre-seed angel-scale
Location: Limassol, Cyprus
Website: ultra.vc
13. Marios Demetriades
A Cyprus angel running his MD Mindset Capital fund.
Recent Activity: Backs fintech and infrastructure startups
LinkedIn: Marios Demetriades on LinkedIn
Sector Focus: Fintech, infrastructure
Stage Focus: Seed
Check Size: EUR 50K-300K
Location: Nicosia, Cyprus
Website: linkedin.com
CYBAN organises the angels
CYBAN is the island's main organised angel network. It pools lots of local angels into a single round.
One pitch can reach a full room of angels at once. That makes the angel network well worth your time.
Bring one sharp pitch deck to the room. Show real traction behind one secure tracked link.
Prep for their diligence questions early. Clear answers help an angel commit a lot faster here.
Broker wealth feeds the pool
Limassol's forex and crypto firms built real wealth. That deep local wealth now backs new founders too.
Many of these angels know tech and trading deeply. They add sharp, genuinely useful operating advice.
Keep angels in one virtual data room. Show one clear story to every angel from one link.
Use pitch deck tracking on each send. See which angels truly opened and read it through.
EU networks widen the reach
Cyprus angels now connect into the wider EU networks. EBAN connects them to fellow angels across Europe.
That opens up co-investment from right across Europe. A bigger round can then come together really fast.
Keep every angel close with investor relations. Steady updates turn your angels into real champions.
Avoid common diligence mistakes early. Clean data helps you move from angels to VCs fast.
How to pitch an angel investor
Open with a clear problem and your real edge.
- 1.Open with a clear problem and your real edge.Angels back the founder before the metrics.
- 2.Show early traction, even if it is small.A few paying users beat a slick forecast.
- 3.Be clear on the raise and what it will fund.Angels want to know exactly where it goes.
- 4.Ask each angel to bring in two or three more.In Cyprus, one intro opens the next door.
- 5.Send one tracked Ellty link to your full deck.See which angel reads it all the way through.
How Ellty helps you land an angel investor in Limassol
Your Limassol angel list is ready to use. Open a data room before the first investor call.
- 1.Upload your deck, key metrics and cap table.Keep every angel document in one secure room.
- 2.Send each angel their own private tracked link.Set precise view and download rights per person.
- 3.Watch every open and follow up at the right time.Chase the angels who read the whole deck first.
Limassol angel investing questions
- Networks like CYBAN. Plus founder-angels and funds.
- Often $25K to $300K each. Networks pool more together.
- Through CYBAN and IDEA. Crowdbase helps too.
- A strong founder and traction. A clear use of funds.
- Yes, they open VC doors. Many co-invest later on.
