Venture capital firm 33EAST raised €26m to launch its first fund which will back Cyprus-based startups.
Initial capital included:
- €19m from the Cyprus Equity Fund, a program under the Cypriot government’s “National Recovery and Resilience Plan”, and
- €7m from private investors, with €2m contributed by the Bank of Cyprus.
Read more on VCWire.tech, our new website dedicated to the tech venture capital industry.
FinSMEs
27/01/2025