Seed investors backing Limassol founders in 2026

14 June 2026·6 min read

Limassol seed money is growing fast. Cyprus VCs and Greek funds back early teams. EU money anchors the funds. Here are 14 seed investors backing Limassol founders in 2026.

Cyprus seed funding has grown fast in recent years. Both Cyprus and Greek VCs now back local founders.

EU money now anchors most of these local seed funds. That gives founders far more cheques to chase now.

You will pitch a dozen seed funds across one round. Ellty keeps your seed deck behind one tracked link.

Most want a full data room before the second call. Build it once in Ellty and reuse it for every fund.

TypeCheck sizeSector focusWebsite
33EastCyprus pre-seed/seed VCUp to EUR 1MAI, energy, consumer33east.vc
Kinisis VenturesCyprus seed VCEUR 1.5M-4MCyber, fintech, AI, deep-techkinisisventures.com
ULTRA.VCAccelerator / pre-seed$70K-300KAI-native, LLM, visionultra.vc
IDEA Innovation CenterAcceleratorEUR 20K + servicesGeneralist techideacy.net
Gravity FundDeep-tech incubator / RAIFSeed ticketsRobotics, IoT, AI, medtechgravity.eu
Cyprus SeedsNon-profit grantsUp to EUR 50KUniversity deep-techcyprusseeds.com
Marathon Venture CapitalGreek seed VC~EUR 1M+AI, defense, robotics, cybermarathon.vc
VentureFriendsGreek seed/Series A VCSeed & Series AMarketplaces, SaaS, fintechventurefriends.vc
Metavallon VCGreek seed VCEUR 0.5M-1.5MB2B deep-tech, AI, climatemetavallon.vc
Uni.FundGreek pre-seed/seed VCPre-seed to Series AUniversity spinouts, techunifund.vc
Big Pi VenturesGreek deep-tech seed VCSeedDeep-tech, IoT, hardwarebigpi.vc
LAUNCHub VenturesSEE seed VCEUR 300K-3MSEE/CEE tech, AIlaunchub.com
Eleven VenturesSEE seed VCFrom EUR 300KFintech, health, ecomtech11.vc
500 Emerging EuropeRegional seed fundUp to EUR 2MSector-agnostic SEE500ee.co

Keep your seed raise in one link

Ellty shows which fund opened your deck and read it through.

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What seed funds want

A seed fund wants real traction or a sharp insight. They back early, hard proof of real market demand.

Most want a clear path to a future Series A round. Show how this round carries you to that next stage.

A committed lead investor pulls the round together. Other funds quickly follow one strong, named lead.

See our Limassol angel investors list too. Ellty shows which fund opened your deck and stopped.

EUR 732M
Greek startup funding 2025
A record, up 35% on 2024
EUR 35M
33East's Cyprus seed fund
Closed a second time in 2026
$84M
Marathon's third Greek fund
Backed by EIF money in 2025
600+
Startups based in Cyprus
A fast-growing local base
European founders can go a long way, even when starting from unlikely places.
George Tziralis, Partner, Marathon Venture Capital, Athens

14 Limassol seed investors

1. 33East

Cyprus's first EIF-backed pre-seed and seed VC fund.

Recent Activity: Grew its Cyprus fund to EUR 35M in 2026

LinkedIn: 33East on LinkedIn

Sector Focus: AI, energy, consumer

Stage Focus: Pre-seed, seed

Check Size: Up to EUR 1M

Location: Limassol, Cyprus

Website: 33east.vc

2. Kinisis Ventures

Cyprus's first regulated seed venture capital fund.

Recent Activity: Backed 3D-printing firm Phase3D in 2026

LinkedIn: Kinisis Ventures on LinkedIn

Sector Focus: Cyber, fintech, AI, deep-tech

Stage Focus: Seed

Check Size: EUR 1.5M-4M

Location: Limassol, Cyprus

Website: kinisisventures.com

3. ULTRA.VC

A Cyprus accelerator backing early AI-native teams.

Recent Activity: Has done 30-plus deals since 2023

LinkedIn: ULTRA.VC on LinkedIn

Sector Focus: AI-native, LLM, vision

Stage Focus: Pre-seed (accelerator)

Check Size: $70K-300K

Location: Limassol, Cyprus

Website: ultra.vc

4. IDEA Innovation Center

Bank of Cyprus's flagship accelerator and seed hub.

Recent Activity: Marked ten years and 95 startups in 2025

LinkedIn: IDEA Innovation Center on LinkedIn

Sector Focus: Generalist tech

Stage Focus: Pre-seed (accelerator)

Check Size: EUR 20K + services

Location: Nicosia, Cyprus

Website: ideacy.net

5. Gravity Fund

A Cyprus deep-tech incubator with a seed fund too.

Recent Activity: A CySEC-registered deep-tech RAIF

LinkedIn: Gravity Fund on LinkedIn

Sector Focus: Robotics, IoT, AI, medtech

Stage Focus: Seed

Check Size: Seed tickets

Location: Nicosia, Cyprus

Website: gravity.eu

6. Cyprus Seeds

A non-profit funding Cyprus research-led startups.

Recent Activity: Teamed with Conception X in 2025

LinkedIn: Cyprus Seeds on LinkedIn

Sector Focus: University deep-tech

Stage Focus: Pre-seed (grants)

Check Size: Up to EUR 50K

Location: Nicosia, Cyprus

Website: cyprusseeds.com

Know which fund reads your deck first

Ellty logs every open and page. Chase the keen ones first.

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7. Marathon Venture Capital

A Greek seed VC running a fresh $84M third fund now.

Recent Activity: Closed an $84M Fund III in 2025

LinkedIn: Marathon VC on LinkedIn

Sector Focus: AI, defense, robotics, cyber

Stage Focus: Seed

Check Size: ~EUR 1M+

Location: Athens, Greece

Website: marathon.vc

8. VentureFriends

A Greek seed VC with over EUR 170M under management.

Recent Activity: Runs EUR 170M across three funds

LinkedIn: VentureFriends on LinkedIn

Sector Focus: Marketplaces, SaaS, fintech

Stage Focus: Seed, Series A

Check Size: Seed & Series A

Location: Athens, Greece

Website: venturefriends.vc

9. Metavallon VC

A Greek seed VC backing B2B and deep-tech startups.

Recent Activity: Launched a EUR 5M Brain Gain Fund in 2026

LinkedIn: Metavallon VC on LinkedIn

Sector Focus: B2B deep-tech, AI, climate

Stage Focus: Seed

Check Size: EUR 0.5M-1.5M

Location: Athens, Greece

Website: metavallon.vc

10. Uni.Fund

A Greek seed VC backing university spinouts widely.

Recent Activity: Launched a EUR 50M second fund

LinkedIn: Uni.Fund on LinkedIn

Sector Focus: University spinouts, tech

Stage Focus: Pre-seed, seed

Check Size: Pre-seed to Series A

Location: Athens, Greece

Website: unifund.vc

11. Big Pi Ventures

A Greek deep-tech seed VC with a new EUR 50M fund.

Recent Activity: Raised a EUR 50M deep-tech fund

LinkedIn: Big Pi Ventures on LinkedIn

Sector Focus: Deep-tech, IoT, hardware

Stage Focus: Seed

Check Size: Seed

Location: Athens, Greece

Website: bigpi.vc

12. LAUNCHub Ventures

A leading SEE seed VC running a fresh EUR 74M fund.

Recent Activity: Led a $7M AI-security seed round in 2025

LinkedIn: LAUNCHub Ventures on LinkedIn

Sector Focus: SEE/CEE tech, AI

Stage Focus: Seed

Check Size: EUR 300K-3M

Location: Sofia, Bulgaria

Website: launchub.com

13. Eleven Ventures

A Bulgarian SEE seed VC with a EUR 60M third fund.

Recent Activity: Closed its third fund at EUR 60M

LinkedIn: Eleven Ventures on LinkedIn

Sector Focus: Fintech, health, ecomtech

Stage Focus: Pre-seed, seed

Check Size: From EUR 300K

Location: Sofia, Bulgaria

Website: 11.vc

14. 500 Emerging Europe

A EUR 70M seed fund backing emerging-Europe teams.

Recent Activity: Runs a EUR 70M SE Europe seed fund

LinkedIn: 500 Emerging Europe on LinkedIn

Sector Focus: Sector-agnostic SEE

Stage Focus: Pre-seed, seed

Check Size: Up to EUR 2M

Location: Sofia and SEE

Website: 500ee.co

EIF money powers the funds

The European Investment Fund backs many funds here. That EU capital anchors most of the local seed VCs.

EIF backing gives a fund both scale and real trust. It also pulls in plenty of private co-investors too.

Ellty is built for venture capital raises. Track who opens your deck, then follow up quickly.

Prep for investor diligence early. A ready data room helps a fund commit much faster.

Greece and Cyprus move as one

Greece and Cyprus share one very tight tech scene. Greek VCs now back Cyprus founders very often too.

Marathon and Metavallon both invest in Cyprus too. They bring deep networks and serious capital along.

Plan your fundraising order before you pitch. Line up the local funds first, then the Greek ones.

Share data via secure file sharing. Give each fund a scoped, controlled view of files.

SE Europe funds scout here

Balkan seed funds now actively scout Cyprus deals. LAUNCHub and Eleven now look here quite often too.

They want one clear SE Europe regional growth story. Show how you scale well past Cyprus into the region.

Keep funds close with investor updates. Steady updates turn a maybe into a real yes faster.

Plan your diligence timeline early. A ready data room shortens your whole raise a lot.

How to pitch a seed investor

Open with a clear and sharp market insight.

  1. 1.
    Open with a clear and sharp market insight.
    Seed VCs back a strong, contrarian view.
  2. 2.
    Show real traction or hard early signals.
    Live usage beats a polished revenue plan.
  3. 3.
    Be clear on round size and key milestones.
    Funds want a clear path to a Series A.
  4. 4.
    Name your lead and who else has committed.
    A signed lead pulls the round together fast.
  5. 5.
    Send one tracked Ellty link to your full deck.
    See which fund reads it all the way through.

How Ellty helps you land a seed investor in Limassol

Your Limassol seed list is ready to use. Open a data room before the first fund call.

  1. 1.
    Upload your deck, metrics and financial model.
    Keep every seed document in one secure room.
    Upload file in data room
  2. 2.
    Send each fund their own private tracked link.
    Set precise view and download rights per fund.
    Set permissions data room
  3. 3.
    Watch every open and follow up at the right time.
    Chase the funds that read the whole deck first.
    Analytics data room
Start free 14-day trial

Limassol seed funding questions

Who leads seed in Limassol?
Funds like 33East and Kinisis. Plus Greek seed VCs.
How big is a seed cheque?
Often EUR 100K to EUR 4m here. Funds can lead rounds.
Do Greek VCs invest?
Yes, Marathon and Metavallon do. They back Cyprus too.
Who backs the funds?
The EIF anchors many of them. That adds real firepower.
What do seed funds want?
Traction and a clear plan. A path to a Series A.

Author

Internal team behind the product.

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