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Sequoia Capital Rolls Out €874 Million Early-Stage Funds: A Big Opportunity for Cyprus Founders

Global venture Sequoia Capital has launched two major early-stage funds totaling about €874 million (USD $950 million): €690 million Series A fund and a €184 million seed fund. 

Cyprus: Take Note

Sequoia’s latest move is not just flashy. It’s a door for European startups to enter the global market. Asked about its Europe ambitions, Sequoia partner Luciana Lixandru said: “I am excited to meet founders who use Europe as their product and engineering hub, but who want to take over the world.” 

Cyprus’s startup ecosystem is in a strong position to take advantage of this initiative. The island’s cost-effective engineering talent, EU-market access, and growing start-up ecosystem make it a natural fit for global investors. For ambitious Cypriot tech founders, this means:

  • A top-tier VC placing real bets in Europe.
  • A chance to lead in clusters (AI, deep tech, SaaS) where Sequoia is seeking “outlier founders”.
  • Better deal terms and access when you’re European but thinking global, especially since Cyprus is EU-based and specialists can build here, scale globally.

What Sequoia Is Looking For

The new funds target:

  • Seed stage: Pre-product or early traction teams.
  • Series A: Companies with product-market fit, ready to scale.
  • Europe-centric teams built for global impact: “Europe’s founder pool has never been stronger,” Sequoia says.

For Cypriot founders, this means being ready for global ambition, not just local sales.

What to Do Now

  • Sharpen your pitch for scale: Show global ambition, not just local deployment.
  • Build around team & tech: Sequoia emphasises founders who can “go from zero to global”.
  • Get exposed to talent networks: Use Cyprus as a tech base; show you can scale out.
  • Position for early bets: Pre-seed and seed rounds could be especially attractive right now, given the size of the seed fund.
  • When ready, get in touch.

About Sequoia Capital

Founded in 1972 and headquartered in Menlo Park, Sequoia Capital has been behind some of the world’s most successful tech companies, from Apple and Google to Stripe and Airbnb. With its revived focus on Europe, it is doubling down on early-stage investing and looking for local founders with a global mindset.

Drakos DMC Launches Exclusive Scholarship To Cultivate Future Tourism Leadership

Overview Of The Scholarship Initiative

Drakos DMC, a prominent destination management company operating across Cyprus and Greece, has announced a strategic scholarship opportunity aimed at nurturing emerging talent in the tourism industry. This initiative offers a full scholarship for a Master of Science in Tourism Management at the Cyprus University of Technology (Tepak), valued at €5,125.

Scholarship Details And Eligibility

The award targets final-year students and recent graduates up to 24 years of age who hold degrees in tourism, business administration, marketing, or related areas. Candidates are expected to demonstrate excellent academic performance and must be permanent residents of Limassol. For undergraduate tourism students, the scholarship may also apply to postgraduate studies in complementary fields.

Commitment And Career Advancement

A unique feature of this scholarship is its linkage to immediate professional integration. The successful candidate is required to commence full-time employment with Drakos DMC while pursuing the postgraduate degree and to continue with the company for an additional 30 months upon completion. Applications can be submitted by contacting Drakos DMC through their careers email, accompanied by a current curriculum vitae.

Application Process And Timelines

Prospective candidates must apply for the master’s program between February and April 2026. The full terms and conditions of the scholarship will be outlined in close coordination with the Cyprus University of Technology.

About Drakos DMC

Renowned for its premium travel experiences, Drakos DMC specializes in incentive travel, conference management, corporate events, and the design of integrated programs for international organizations. Their comprehensive approach, which spans strategic planning through to on-the-ground execution, underlines their status as a leader in the tourism management sector.

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