The Startup Ecosystem of Paphos
Paphos has 14 startups in our sample database. This represents about 6% of Cyprus’s startups. Paphos is the 4th best startup ecosystem in Cyprus.
CITY RANKING
Since 2024, Paphos lost 130 spots in the Global Startup Ecosystem Index, having now positioned itself as 944th worldwide.
National Ranking
In Cyprus
Regional Ranking
In Western Europe
Global Ranking
Worldwide
In partnership with
Ecosystem
Startup Ecosystem Overview
Startups
Paphos Top Startup Industries
7 startups
Ecosystem HealthCheck
Paphos Ecosystem Health Check
The health check tables allow you to look at the performance Paphos has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...
- Overperformance
- Performance equal to global ranking
- Underperformance
ECOSYSTEM
Browse the startup ecosystem database of Paphos
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Startup Ecosystem Charts
Startup Funding in Paphos2017 - 2024
Startup Funding in Paphos 2017 - 2024
From 2022 to 2023, startup funding in Paphos has increased by 300%. During this period, the number of deals in Paphos has increased by 100%. Since 2017, total startup funding in Paphos exceeded US$ $71.03M.
Average Funding in 2023
$20.00M
Funding in 2023
$40.00M
Deals in 2023
2
USD
Amount of Funding (USD)
Number of Deals
Ecosystem
The Startup Ecosystem in Paphos
Global Rank
Paphos is ranked within the top 1000 startup ecosystems globally.
Top Industries
Paphos’s startups excel particularly in Software & Data where it ranks 554 and in Social & Leisure, and Ecommerce & Retail. Find out more
Top Cities for Startups in Cyprus - Ranked by StartupBlink
2024 National Rank  | City | Global Rank |  | | | |
|---|---|---|---|---|---|---|
1st + 1 | 239th + 192 | 1.857 | 00.00 | 00.00 | 00.00 | |
2nd - 1 | 349th + 46 | 1.033 | 00.00 | 00.00 | 00.00 | |
3rd + 1 | 851st new | 0.165 | 00.00 | 00.00 | 00.00 | |
4th - 1 | 944th - 130 | 0.133 | 00.00 | 00.00 | 00.00 |
ECOSYSTEM
Why should you join Paphos's Startup Ecosystem?
Overview
Within Paphos there is an increased attraction for entrepreneurs to set up their startups in industries such as Software & Data, Social & Leisure, Ecommerce & Retail. These three industries represent about 71% of the startups represented on the Startup Ecosystem Map of Paphos.
4th
National Rank
311th
Regional Rank
Overview
Paphos is Cyprus' 4th best startup ecosystem and is ranked 311th in Western Europe. With a population of <0.1M people, Paphos is ranked 944th in the world. The city has some notable startup success stories including Strikerz.
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