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Radar · Mobile Gaming in Cyprus

Best Mobile Gaming Companies in Cyprus

The 53 best Mobile Gaming companies in Cyprus in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Pixonic.

53companies tracked
$15.9Mdisclosed funding
1unicorns
4have raised

Mobile Gaming in Cyprus is a small but real funding story: 53 companies tracked, $16M in total disclosed capital, and one unicorn already in the mix. Pixonic leads the directory at $6M raised, with Jarvi Games at $4M and both Made on Earth Games and Colossi Games at $3M apiece. So the concentration is tight, but the signal is clear. Median install growth is running at roughly +11% year-on-year across 23 gaming apps in the sector, which tells you momentum isn't hypothetical. Investors like Play Ventures, MGVC and The Games Fund have been circling this space, and that kind of institutional attention tends to pull more founders toward a market.

The broader tailwind is hard to ignore. The global mobile gaming market was pegged at around $15.1B in 2020 and is growing at an 11.3% CAGR, driven by wider smartphone adoption, better mobile internet and the steady rise of cross-platform titles. I'd also flag monetization as the live variable here: figuring out the optimal pricing policy remains one of the structural challenges any studio on this list has to solve, and it's where a lot of Cyprus-based teams are differentiating. The companies you see ranked below are ordered by disclosed equity funding and recent funding momentum.

Sources & further reading
  • US mobile gaming market sees boom, projected to hit $23.1 billion with
  • Mobile is projected to account for 56% of gaming revenue in 2023

Ranked: Best Mobile Gaming companies in Cyprus

#CompanyDisclosed fundingEmployeesApp-install YoYTech stackWeb popularitySEO maturityRecent signals
1GDEV
Developer of live service games
—848—Node.jsReactNext.js App Router+10Top 50Mbasic—
2Nexters
Mobile game developer focusing on casual games
—485—TurbopackSentryNode.js+16Top 50kbasic—
3Outfit7
Messaging app with animated characters
—437—SentryZendeskApple iCloud Mail+12Top 5Mrich2 launchs · 1 partnership
4Wargaming 🦄
Indie game developer and publisher for PC and mobile platforms
—413—Node.jsFacebook LoginLinkedin Sign-in+13Top 5Mrich2 job openings · 2 launchs · 1 award
5Azur Games
Mobile game developer & publisher studio
—325+21%WordPress Block EditorWordPressMySQL+24Top 500krich1 award
6Playkot
Developer of mobile-based mid-core genres
—257+12%Apple iCloud MailGoogle Workspaceanime.js+25Top 500kbasic—
7Easybrain
Developer of mobile puzzle games designed to stimulate mental activity
—250+17%Apple iCloud MailGoogle WorkspaceYouTube+9Top 500krich—
8Pixonic
Developer of mobile-based core genres
$6M200+40%PHPAmazon Web ServicesNginx+10Top 5Mbasic—

Top 8 Mobile Gaming companies in Cyprus

#1
Seed · Limassol, Limassol · founded 2021 · 15 employees
$3.2Mraised
▾

Operator of a development studio intended to create immersive and engaging strategy games. The company's platform offers to expand, exterminate, explore, and encounter gaming opportunities by combining modern technologies, enabling gamers to experience high-quality art and deep creative gameplay on mobile devices across the world.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers
Activity: 1 product launches announced in 12 mo
Investors
GEM Capital, The Games Fund, Raga Partners, Heracles Capital
#2
Seed · Nicosia, Nicosia · founded 2021
$3.5Mraised
▾

Mobile game developer focusing on core games. The company is developing a game named Vice Online a 3d multiplayer game where players can play with other players from around the world. The game is available on the Google Play Store.

Founders & team
Ihor LysenkoCo-FounderDmytro BurnosCo-FounderOleksandr LysenkoarviCo-Founder
Investors
The Games Fund, Play Ventures, Velo Partners
Tech stack
CloudflareGodaddyGoogle Font ApiGoogle Hosted LibrariesGoogle WorkspaceHsts
#3
Seed · Limassol, Limassol · founded 2020 · 21 employees
$3.1Mraised
▾

Mobile game developer focusing on core games. The company is working on developing a survival game. It will specialize in action RPG.

Founders & team
Manuel PrueterCo-Founder & CEOAndrey PanfilovCo-FounderAnton PetrovCo-Founder And Cto
Investors
Play Ventures, EQT
#4
Acquired · Nicosia, Nicosia · founded 2009 · 200 employees
$6Mraised
▾

Developer of mobile-based core genres. The company's games include War Robots a multiplayer battle game, Robinson a role-playing game, and more. The games are available on the PC and console, app store, and google play store.

Investors
Kite Ventures, TA Ventures, Ventech, AddVenture, Guard Capital, TGV
Tech stack
Amazon SesAmazon Web ServicesBunnyBunny FontsCloudflareExpress
#5
Seed · Limassol, Limassol · founded 2017 · 100 employees
—raised
▾

Mobile free-to-play game publisher. The company specializes in publishing mobile games to help developers. The games published by the company include Gold and Globlins, Idle light city, Off-road travel, and more. The games are available for iOS and Android devices.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 6k LinkedIn followers — 2.1% of this cohort's audience
Activity: 1 partnerships (incl. Finifugu Games Limited) announced in 12 mo
Founders & team
Pavel MaurusCo-FounderEvgeny MaurusCo-FounderIgor ZavaruevCo-Founder
Investors
Playrix
Tech stack
Cart FunctionalityCloudflareCloudflare Bot ManagementCore-JsDatadogFacebook Pixel
#6
Seed · Nicosia, Nicosia · founded 2020 · 3 employees
—raised
▾

Developer of gaming platform intended to make free-to-play PvP sports games. The company specializes in providing both strategy and tactics, gameplay, engaging activities, and making it fun, enabling players to spend time on their favorite game genres.

Founders & team
Evgeny LiubetskiyCEO
Investors
MGVC
Tech stack
Amazon Web ServicesBootstrapCore-JsGoogle AnalyticsGoogle WorkspaceIsotope
#7
Seed · Limassol, Limassol · founded 2017 · 10 employees
—raised
▾

Developer of games and mobile game applications designed to offer fun and accessible mobile games. The company's application specializes in the casual segment and has developed games in various genres like simulation, sports, and cards, enabling users to enjoy games in diverse genres that can be accessed from mobiles.

Founders & team
Alexander LebedevFounder & CEO
Investors
MGVC
#8
Unfunded · Nicosia, Nicosia · founded 1998 · 413 employees
—raised
▾

Indie game developer and publisher for PC and mobile platforms. It has developed multiple MMO games including "World of Tanks" and "World of Warplanes". The games are available on Steam to download. The games can be played free as well as paid for. Also operates an online store to purchase in-game currency. It enables players to participate in eSports competitions such as "Wargaming.net League". It generates revenue through paid games.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 155k LinkedIn followers — 55.1% of this cohort's audience · 377 engagements/post (7.5× cohort median)
Hiring: 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Senior Concept Artist Generalist, UX/UI Lead Designer
Activity: 2 product launches · 1 awards announced in 12 mo
Tech stack
Core-JsDigicertExpressFacebook LoginGoogle AnalyticsGoogle Font Api

Funding & investor landscape

$15.9Mtotal disclosed funding
4companies funded
0disclosed rounds
0rounds last 90 days
Most active investors
MGVC4 rounds
GEM Capital2 rounds
Play Ventures2 rounds
The Games Fund2 rounds
1C Company1 rounds
AddVenture1 rounds
Almaz Capital1 rounds
DST Global1 rounds
EQT1 rounds
Flyer One Ventures1 rounds

Notable founders

Ihor Lysenko
Co-Founder · Jarvi Games
Dmytro Burnos
Co-Founder · Jarvi Games
Manuel Prueter
Co-Founder & CEO · Colossi Games
Andrey Panfilov
Co-Founder · Colossi Games
Pavel Maurus
Co-Founder · AppQuantum
Evgeny Maurus
Co-Founder · AppQuantum
Evgeny Liubetskiy
CEO · Square Triangle
Alexander Lebedev
Founder & CEO · AppLife

Common questions

How many Mobile Gaming companies are there in Cyprus?
Radar tracks 53 indexable Mobile Gaming companies headquartered in Cyprus that meet our profile-completeness bar.
What is the total funding raised by Mobile Gaming companies in Cyprus?
The Mobile Gaming companies in Cyprus on this list have raised a combined $15.9M in disclosed equity funding across 4 funded companies.
Which is the highest-funded Mobile Gaming company in Cyprus?
Pixonic is the highest-funded Mobile Gaming company in Cyprus, with $6M in disclosed equity funding.
How many Mobile Gaming companies in Cyprus are funded?
4 of the 53 Mobile Gaming companies in Cyprus on this list have disclosed at least one equity funding round.
How many Mobile Gaming unicorns are there in Cyprus?
1 Mobile Gaming company in Cyprus on this list is valued at $1B or more.
Who are the top investors in Cyprus Mobile Gaming companies?
The most active investors in Cyprus Mobile Gaming companies on this list include MGVC, GEM Capital, Play Ventures, The Games Fund, 1C Company.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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