HomeCyprusCyprus, 33EAST Raises €26M to Launch First Venture Capital Fund

Cyprus, 33EAST Raises €26M to Launch First Venture Capital Fund

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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

THE DAILY NEWSLETTER - SIGNUP