33East

Profile

33East is a venture capital firm founded in 2025, with offices in Nicosia, Cyprus, and London, United Kingdom. The firm is led by a team of founders who are actively involved in the startups they support, providing not just capital but also mentorship and operational guidance. The team consists of four professionals, including partners Demetrios Zoppos and Yiannis Eftychiou, who bring a wealth of experience from previous roles in the tech and investment sectors.

33East focuses on pre-seed and seed-stage investments, primarily targeting technology, fintech, and B2B sectors. The firm typically invests between €100,000 and €1 million in startups, with a particular interest in companies that are tech-enabled. Their investment strategy is geographically diverse, with a focus on the United Kingdom and Cyprus, and they are backed by the European Investment Fund. The firm manages a fund of €26 million, which includes contributions from the Cyprus Equity Fund and private investors.

Notable investments by 33East include Electryone - renewable energy trading platform, FitWise - 3D modeling for human movement, Clove - AI-powered wealth management, Squid - AI grid planning software, and Xmemory - business productivity software. These investments highlight the firm's commitment to fostering innovation in tech-driven sectors.