Cyprus offers a strategic base for startups looking to grow in Europe and the Middle East. The island's accelerators provide essential support for these new ventures.

Key players include ULTRA.VC, which has funded nearly 30 companies, and Embria, with over 20 investments and 2 exits.

Below is our list of the best 4 accelerators and incubators in Cyprus.

Failory's Top 4 Picks

Embria Logo

1. Embria

Embria actively builds, funds, and scales tech companies from the ground up. They focus on sectors like AdTech, mobile apps, and online gaming, providing hands-on support to help their ventures grow.

Year Founded2007
FoundersPavel Yakovlev, Vladimir Gurov
Nº of Investments24
Nº of Exits2
MVST:MG Logo

2. MVST:MG

MVST:MG operates as an angel investor, providing critical pre-seed and seed funding to emerging tech companies. They have a particular focus on backing founders who are building the future of Web3 and blockchain technology.

Year Founded2018
FoundersShahar Chaham, Elad Peled
Nº of Investments18
Nº of Exits—
Program TypeOn-Site
ULTRA.VC Logo

ULTRA.VC backs impact-driven entrepreneurs through its early-stage investment fund and in-house accelerator. They provide the capital and hands-on support necessary for founders to scale businesses that create meaningful social or environmental change.

Year Founded2023
FoundersNikita Yuriev, Eugene Valuev, Evgeny Valuev
Nº of Investments29
Nº of Exits—
Duration (Weeks)12

Nucleus Ventures runs programs that build scalable businesses primed for investment through a unique blend of incubation, corporate training, and consulting. They focus on foundational business development and social entrepreneurship to help create sustainable and attractive ventures.

Year Founded2015
FoundersNadim Zaazaa
Nº of Investments8
Nº of Exits—
Program TypeOn-Site