Corporate anchor in the new initiative being established in Cyprus with Plug and Play Tech Center

Tototheo Global is part of a development of strategic importance for Cyprus’ future in technology and business growth, as Plug and Play Tech Center, the world’s largest innovation platform and a pre-seed venture capital firm, launches its first international Startup Accelerator in the country. The initiative aims to establish an Innovation Centre in Cyprus, alongside comprehensive programs to support startups and high-potential businesses. As a corporate anchor, Tototheo Global is actively contributing to the creation of an internationally oriented platform that strengthens Cyprus’ access to global expertise, investment opportunities and international markets.

Headquartered in Silicon Valley and present in more than 60 locations worldwide, Plug and Play connects startups, investors, corporations, universities, and public-sector organisations, creating an integrated innovation environment that accelerates business growth and market access.

Tototheo Global’s participation brings significant depth to the initiative. As a leading provider of advanced connectivity and technology solutions, with a strong international footprint and decades of experience in digital infrastructure and mission-critical technologies, the company contributes expertise, strategic perspective, and global insight. Its involvement reinforces the credibility of the initiative and highlights the role that internationally active Cypriot companies can play in shaping more mature, outward-looking innovation ecosystems.

This initiative creates meaningful opportunities for Cyprus’ startup ecosystem, providing access to guidance, corporate connections, investment capital and international growth pathways. The first accelerator cycle is expected to run from late April through June, with a focus on high-growth sectors, including FinTech and RegTech, Gaming, Social and Leisure, as well as Shipping and Energy.

For Tototheo Global, digital infrastructure and connectivity are fundamental enablers of growth. Drawing on its international experience, the company recognises that sustainable progress depends on strong foundations, global networks and an environment where innovation can translate into scalable businesses. In this context, its involvement reflects a clear, long-term commitment to strengthening the link between local innovation and global markets.

In a statement, Despina Panayiotou Theodosiou, co-CEO of Tototheo Global, said: “Cyprus is entering a new phase in its technology and innovation journey, and initiatives like this accelerate that momentum. At Tototheo Global, we believe that connectivity and digital infrastructure underpin companies' ability to scale and operate globally. Our participation reflects a deliberate commitment to support the long-term development of the ecosystem. By partnering with Plug and Play, we are strengthening the link between local innovation and global markets, helping to position Cyprus as a credible and competitive player in the international technology landscape.”

Seena Amidi, Managing Partner at Plug and Play Tech Center stated: “Tototheo Global brings something unique to this partnership. Decades of experience across international markets, a clear commitment to attracting world-class talent, and a growth trajectory that speaks for itself. For startups building from Cyprus, having a partner with such global presence and credibility is a genuine advantage. We are proud to be launching Plug and Play Cyprus program together.”

Tototheo Global’s participation in this initiative demonstrates, in practice, the role that a Cyprus-based company with a strong international footprint can play in building more robust foundations for growth, innovation and long-term economic development. It also underlines the importance of internationally oriented partnerships in creating real prospects for the next generation of businesses in Cyprus.