AdFirst

Venture capital · Limassol, Cyprus · Founded 2017

AdFirst is a venture capital firm based in Limassol, Cyprus, founded in 2017. Founded in 2017, Adfirst is a venture capital firm based in Limassol, Cyprus. 13 portfolio companies, 40 recorded rounds and 1 fund are on record.

AUM
—
Portfolio companies
13
Recorded deals
40
Last investment
Jun 2025

Deal history

40 participations
DateCompanyRaisedRole
—Arenum▮▮
—Yodha▮▮
—Yesim▮▮
+ 37 more deals · all 40, priced and dated
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Investment activity

AdFirst joined 1 recorded round in the last two years, down from 5 in the two years before. By year: 1 in 2025, 5 in 2023 and 1 in 2022. Across all 40 recorded rounds, 17 were early-stage, 14 were later-stage and 9 were seed. AdFirst most often invests alongside Fidelity Management & Research Company (2 shared rounds) and Teachers' Venture Growth (2 shared rounds).

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