As we step into 2024, Cyprus is fast emerging as a hotspot for innovative startups. With a diverse range of companies tapping into tech, finance, and sustainability, these ten Cypriot startups are ones to watch, each bringing something unique to the table.
Let’s dive in…
1. Kek Entertainment – Mobile Gaming Platform
Kek Entertainment is setting new benchmarks in the gaming industry with its crossplay mobile gaming platform. Their innovation lies in enabling gamers to play together regardless of the device they use – be it a smartphone, tablet, or PC. This cross-device compatibility addresses a significant gap in the gaming market, promoting inclusivity and a broader community reach.
The platform’s intuitive user interface, combined with robust backend technology, ensures a seamless gaming experience. Kek’s approach not only enhances user engagement but also opens new avenues for game developers to create more versatile and accessible games.
2. Buildbuild – Construction Management for SMBs
Buildbuild is transforming the construction management landscape for small and medium-sized businesses. Their software simplifies complex construction processes by offering intuitive project management tools.
This platform is designed to streamline workflow, from initial planning to final execution, ensuring projects stay on track and within budget. Key features include real-time collaboration, scheduling, and budget management, making it easier for teams to coordinate and communicate effectively. Buildbuild’s solution addresses the unique challenges faced by SMBs in construction, offering a scalable and efficient way to manage projects, thereby reducing costs and increasing productivity.
3. Skilling – Trading and Financial Services
Skilling is a dynamic player in the financial services sector, offering an extensive range of trading platforms and tools. Specialising in forex and market trading, Skilling caters to both beginners and experienced traders.
Their platform is designed to demystify complex trading concepts, making financial markets more accessible to a wider audience. With real-time data analysis, risk management tools, and user-friendly interfaces, Skilling provides a comprehensive and educational trading experience. Additionally, their commitment to transparency and customer support sets them apart, making them a reliable choice for anyone looking to navigate the financial markets.
4. ZERO10 – AR Fashion Tech
ZERO10 is pioneering in the world of fashion technology with its augmented reality (AR) platform. This tech allows fashion brands to showcase their designs in a digital space, offering a unique and immersive experience for consumers.
Users can virtually try on outfits using AR, breaking down the barriers between physical and digital fashion. This innovation not only enhances the shopping experience but also paves the way for sustainable fashion practices by reducing the need for physical samples. ZERO10’s technology is a game-changer, allowing brands to engage with their audience in an entirely new and interactive way.
5. Finery Markets – Crypto Trading Solutions
Finery Markets is carving a niche in the crypto trading world as a leading multi-dealer electronic marketplace. Catering to institutional participants, their platform offers robust trading solutions for the burgeoning crypto markets.
The platform stands out for its security, transparency, and efficiency, providing users with a seamless trading experience. Finery Markets focuses on offering competitive pricing, deep liquidity, and advanced order types, which are critical for institutional trading. Their commitment to innovation and customer service positions them as a key player in the evolving landscape of cryptocurrency trading.
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6. ZoidPay – Cryptocurrency Card and Payments
ZoidPay is a financial service transforming how cryptocurrency is used in daily transactions. Their crypto card enables users to make peer-to-peer transactions and in-store payments, bridging the gap between traditional and digital finance.
The card is compatible with a wide range of cryptocurrencies, offering flexibility and convenience to users. ZoidPay’s innovative approach to crypto payments is not just about ease of use; it’s about making cryptocurrency a mainstream medium for everyday transactions. Their technology is a significant step towards the broader adoption of digital currencies in the global economy.
7. WATTS BATTERY – Solar Energy Storage
WATTS BATTERY is at the forefront of renewable energy innovation with its lightweight and powerful solar energy storage solutions. Their product stands out for its portability and efficiency, making renewable energy more accessible for both personal and commercial use.
The solar energy storage system is designed to be user-friendly, enabling easy integration with existing solar panels. This innovation is not just about storing energy; it’s about empowering users to harness and utilise solar power in a more effective and sustainable manner. WATTS BATTERY’s technology is a significant advancement in the push towards a greener, more renewable energy-dependent world.
8. Bryq – Human Resources Services
Bryq is redefining the human resources landscape with its innovative HR services. Specialising in talent acquisition and management, their platform leverages technology to streamline the hiring process.
Bryq’s tools help businesses assess candidates objectively, ensuring a good fit for both the role and the company culture. Their service goes beyond recruitment, offering insights into employee development and retention strategies. With a focus on using data-driven approaches, Bryq is helping companies make informed decisions about their workforce, ultimately leading to higher productivity and employee satisfaction.
9. MyUnifood – Food Ordering for University Students
MyUnifood addresses a specific niche in the food delivery industry by catering to university students. Their online platform simplifies food ordering, offering a range of options tailored to student preferences and budgets. Understanding the unique lifestyle and needs of students, MyUnifood provides a convenient and efficient way for them to access diverse food choices.
This service not only benefits students but also opens up new opportunities for local restaurants and food vendors to reach a younger, tech-savvy demographic, fostering a sense of community between campuses and local businesses.
10. Booknowmed – Holiday Dialysis Booking Engine
Booknowmed is a pioneer in healthcare tourism, offering a specialised online booking engine for holiday dialysis. This service is a boon for travellers with kidney disease, enabling them to easily find and book dialysis treatments wherever they go. By removing the stress of planning around medical needs, Booknowmed empowers individuals to travel with peace of mind.
Their platform’s comprehensive database and user-friendly interface ensure that patients have access to safe and reliable dialysis services worldwide. This innovative approach to medical tourism is enhancing the quality of life for people requiring ongoing medical treatment.
From innovative tech solutions in gaming and fashion to essential services in healthcare and finance, these companies are shaping the future of their industries and, by extension, the Cypriot economy. Keep an eye on these rising stars in 2024; they’re set to make significant impacts both locally and globally.
