StartupBlink

222 Top startups in Nicosia for July 2026

We rank Pay, Covve and Peech in Nicosia along with 219 other startups based on an algorithm that scores startups based on total investment, employee count, and quarterly website traffic. Nicosia startup ecosystem ranks #275 globally and #2 in Cyprus.

Powered by

Category

Startups

Unicorns

Exits

Coworking Spaces

Accelerators

Best Startups in Nicosia for 2026

1st
Pay logo
PaySB Score: 465

We built a digitally native, cloud-based technology centered around the consumer, and designed personal consumer experience. Our telehealth platform and pharmacy integration combine to provide customers with a seamless, easy-to-use, digital-first experience. We offer a range of health and wellness products and services available for purchase directly by customers on the Company’s websites.

View Full Page
Website
pay.com
Employee range
101 – 250
Web Traffic (Monthly)
Funding amount
$4M
National Rank(Cyprus)
Regional Rank(Western Europe)
Global Rank(Worldwide)
2nd
Covve logo
CovveSB Score: 386

Covve was founded in 2013 by Yiannis Gavrielides and Alex Protogerellis as the CRM for everyone. Covve packages an advanced contact and relationship management platform in a simple to use app, helping every professional better manage their relationships to create business opportunities. Covve is being used by professionals in leading companies across the globe. Covve is ran by an experienced team with deep domain expertise. We have two patents issued in the US and we are building global partnerships inlcuding T-Mobile, Nokia and recently Revolut. Alongside institutional investors, including San Francisco based Dataelite, the National Bank of Greece and Metavallon VC, Covve has received funding from two European innovation grants and private investors.

View Full Page
Website
covve.com
Employee range
11 – 50
Web Traffic (Monthly)
Funding amount
$7.8M
National Rank(Cyprus)
Regional Rank(Western Europe)
Global Rank(Worldwide)
3rd
Peech logo
PeechSB Score: 379

B2C and B2B solutions for turning the diverse text content into immersive audio.

View Full Page
Website
www.getpeech.com
Employee range
11 – 50
Web Traffic (Monthly)
Funding amount
$550K
National Rank(Cyprus)
Regional Rank(Western Europe)
Global Rank(Worldwide)
4th
Jarvi Games logo
Jarvi GamesSB Score: 374

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! Jarvi Games was established in 2021 in Lakatamia, Nicosia.

View Full Page
Website
jarvigames.com
Employee range
11 – 50
Web Traffic (Monthly)
Funding amount
$3M
National Rank(Cyprus)
Regional Rank(Western Europe)
Global Rank(Worldwide)
5th
FlexFin logo
FlexFinSB Score: 332

FlexFin is a new online lending provider for Greek and Cypriot small and medium size companies. They want to change the way small businesses think about their receivables by offering them simple, transparent, and innovative financing solutions with minimal paperwork and no hidden costs.In Cyprus they operate through Flexfin Ltd, the group's parent company, while in Greece through Flexfin SA which is the only independent factoring company in Greece, licensed and regulated by the Bank of Greece They are backed by a diverse group of investors, which includes a number of successful entrepreneurs as well as a leading Greek bank.

View Full Page
Website
www.flexfin.eu
Employee range
11 – 50
Web Traffic (Monthly)
Funding amount
$10.9M
National Rank(Cyprus)
Regional Rank(Western Europe)
Global Rank(Worldwide)
6th
Overgear logo
OvergearSB Score: 304

Overgear is a global gaming platform that allows gamers to buy and sell items and services in popular MMO games. Our mission is to help people enjoy the game to the full. We enable talented gamers that have the skill and can spend long hours playing to earn money by completing routine tasks for those gamers that don’t have much free time but have the means.

View Full Page
Website
overgear.com
Employee range
101 – 250
Web Traffic (Monthly)
Funding amount
National Rank(Cyprus)
Regional Rank(Western Europe)
Global Rank(Worldwide)
7th
Square Triangle logo
Square TriangleSB Score: 293

Square Triangle is a producer of free-to-play PvP sports games on a gaming platform. The business focuses on providing gameplay, strategy and tactics, interesting activities, and making it enjoyable so that gamers may devote time to their preferred game genres.

View Full Page
Website
squaretriangle.team
Employee range
11 – 50
Web Traffic (Monthly)
Funding amount
$1M
National Rank(Cyprus)
Regional Rank(Western Europe)
Global Rank(Worldwide)
8th
Owlcat Games logo
Owlcat GamesSB Score: 286

Owlcat Games is a isometric party-based computer RPG set in the Pathfinder fantasy universe.

View Full Page
Website
owlcatgames.com
Employee range
251 – 500
Web Traffic (Monthly)
Funding amount
$1M
National Rank(Cyprus)
Regional Rank(Western Europe)
Global Rank(Worldwide)
9th
Malloc logo
MallocSB Score: 282

Malloc is a US, Cyprus-based cybersecurity startup.Malloc's mobile app monitors and prevents anyone from recording or transmitting data without you knowing. Malloc has raised a seed round in August 2021, after joining and receiving investment by Y Combinator.

View Full Page
Website
www.mallocprivacy.com
Employee range
1 – 10
Web Traffic (Monthly)
Funding amount
$1.9M
National Rank(Cyprus)
Regional Rank(Western Europe)
Global Rank(Worldwide)
10th
Vestan logo
VestanSB Score: 272

Vestan is a global leader in the development of VR streaming technology

View Full Page
Website
vestan.tech
Employee range
51 – 100
Web Traffic (Monthly)
Funding amount
$2.5M
National Rank(Cyprus)
Regional Rank(Western Europe)
Global Rank(Worldwide)
11th
Blackmoon Crypto logo
Blackmoon CryptoSB Score: 270

Blackmoon Crypto develops a robust framework for tokenized funds, providing seamless access to investment opportunities across both traditional and cryptocurrency markets. Their platform bridges the gap between real-world assets and digital economies, offering investors a diversified and innovative approach to portfolio management.

View Full Page
Website
blackmoon.net
Employee range
11 – 50
Web Traffic (Monthly)
Funding amount
$1.8M
National Rank(Cyprus)
Regional Rank(Western Europe)
Global Rank(Worldwide)

Total amount:128

Most Funded Startups in Nicosia for 2026

The top three most funded startups in Nicosia have raised total funding of more than USD 45.8M. Peech has 0.28% more funding than Eschatology Entertainment.
1st
FlexFin logo
FlexFinSB Score: 332

FlexFin is a new online lending provider for Greek and Cypriot small and medium size companies. They want to change the way small businesses think about their receivables by offering them simple, transparent, and innovative financing solutions with minimal paperwork and no hidden costs.In Cyprus they operate through Flexfin Ltd, the group's parent company, while in Greece through Flexfin SA which is the only independent factoring company in Greece, licensed and regulated by the Bank of Greece They are backed by a diverse group of investors, which includes a number of successful entrepreneurs as well as a leading Greek bank.

View Full Page
Website
www.flexfin.eu
Employee range
11 – 50
Web Traffic (Monthly)
Funding amount
$10.9M
National Rank(Cyprus)
Regional Rank(Western Europe)
Global Rank(Worldwide)
3rd
FRACTAL NETWORX LIMITED logo

Leftlane is a software solution that offers an improved DMS to manage dealerships. It reduces time from line to line and increases lead conversion. LeftLane speeds up the process of getting a car ready for sale. Know where and how long the cars have been in each location. To keep track of everything that needs to be done, create checklists. LeftLane Software was started due to complaints they heard from dealers. The old DMS was too clumsy and slow. It appears to be Windows 7. Due to the difficulty of training them on it, the majority of employees do not utilize it. The system takes up too much time because it is so intricate.

View Full Page
Website
www.fractalnetworx.com
Employee range
1 – 10
Web Traffic (Monthly)
Funding amount
$8.5M
National Rank(Cyprus)
Regional Rank(Western Europe)
Global Rank(Worldwide)

Total amount:128

Top Hiring Startups in Nicosia by Employee Number

The top three hiring startups in Nicosia have an median employee size that is between [1001-5000]
2nd
Digital Finance International logo

DFI was established in 2015 and continues to operate in a strong growth stage within its primary markets of Europe, APAC and the CIS. The company leverages the latest, most advanced technical solutions, including Smart Data technologies, to provide world-class consumer lending products to customers around the globe. A main focus of DFI is to continually develop the technological capabilities which allow it to automate approval and service delivery processes, further enabling the company to quickly adapt to each new market. As a responsible lender, DFI seeks to build long-term relationships with customers, helping them not only with their financial needs of today, but also supporting them to build a solid financial future for tomorrow. DFI’s sophisticated and integrated IT platform also allows the company to efficiently cover all stages of the customer lifecycle, from client acquisition and credit scoring, to automated client servicing and reconciliation of accounts in arrears. Being part of the Finstar Group of Companies gives DFI access to a wealth of expertise and industry knowledge while developing its own comprehensive R&D operations.

View Full Page
Website
www.digitalfinance.com
Employee range
1,001 – 5,000
Web Traffic (Monthly)
Funding amount
National Rank(Cyprus)
Regional Rank(Western Europe)
Global Rank(Worldwide)
3rd
Owlcat Games logo
Owlcat GamesSB Score: 286

Owlcat Games is a isometric party-based computer RPG set in the Pathfinder fantasy universe.

View Full Page
Website
owlcatgames.com
Employee range
251 – 500
Web Traffic (Monthly)
Funding amount
$1M
National Rank(Cyprus)
Regional Rank(Western Europe)
Global Rank(Worldwide)
4th
Headway logo
HeadwaySB Score: 201

Headway Inc is a global tech company that revolutionizes lifelong learning. Headway Inc creates digital products that make lifelong learning accessible, personalized, and impactful for over 150 million users worldwide. By applying scientific knowledge, the company develops cutting-edge marketing, data mining, and distribution technologies to meet the needs of a fast-evolving world. The company’s mission is to help people grow by making the best ideas accessible and crafting enjoyable products. Headway Inc ranked 4th in the World’s Top EdTech Companies list by TIME. HolonIQ and Global Silicon Valley have also repeatedly recognized Headway Inc as one of the world's most transformative digital learning companies. The company's digital products gained the App of the Day status from Apple hundreds of times. In 2019, a small, bootstrapped team of three led by Anton Pavlovsky launched the Headway app, armed with a vision to redefine the way people learn and grow. Born in Ukraine, it has been a global company from day one. The Headway app quickly gained leadership in the book summary niche worldwide and later on, the company expanded into the broader lifelong learning space. The company’s evolution into Headway Inc marked its transformation into a full-scale consumer tech platform. Now, with five distinctive brands integrated into its structure and several running R&D initiatives, Headway Inc continues to expand its impact. Over 150 million private and corporate users in 170+ countries have downloaded the company’s products. The top geographies by revenue are the US ( over 5O%), the UK, and Canada. Headway Inc is a developer behind: Headway (the company's flagship, the world’s most downloaded book summary app), Impulse (the world's most downloaded brain training app), Nibble (an all-around knowledge app), AddMile (a coaching platform), Skillsta (a social skills trainer), and other game-changing solutions.

View Full Page
Website
www.headway.inc
Employee range
251 – 500
Web Traffic (Monthly)
Funding amount
National Rank(Cyprus)
Regional Rank(Western Europe)
Global Rank(Worldwide)

Total amount:222

Explore More Top Startups

Explore the Startup Ecosystem of Nicosia

National Rank

(Cyprus)

2nd

0

Regional Rank

(Western Europe)

102nd

3

Global Rank

(WorldWide)

275th

74

Visit

Top Cities for Startups in Cyprus - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
2026 National Rank CityGlobal RankTotal Score & National ShareAnnual GrowthQuantity ScoreQuality ScoreBusiness Score
No Data Available
Microsoft Excel icon
Download CSV file