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Cyprus Startup Bolsterup Raises USD 551K to Expand to the UAE and Middle East 

Cyprus Startup Bolsterup Raises USD 551K to Expand to the UAE and Middle East 
Image Source: Bolsterup
  • Bolsterup raised EUR 500K led by Uni.Fund to develop its AI-driven construction platform and expand into the Middle East.
  • The platform uses AI agents for smart matchmaking, personalized data analysis, and optimized team and project formation.
  • Bolsterup empowers construction professionals with tools for market insights, generating leads, and data-backed business development decisions.

Bolsterup

What happened? Cyprus-based startup Bolsterup raised EUR 500 thousand, approximately USD 551 thousand, in a round led by Uni.Fund

Sotiris Papantonopoulos-Mantopoulos, Partner at Uni.Fund, said“Bolsterup is transforming how professionals in the construction industry connect, collaborate, and grow”.

What will they do with the funding? The startup aims to develop AI agents capable of providing personalized data analysis, supporting team formation, and enhancing intelligent matchmaking. 

Additionally with the new funding, Bolsterup aims to accelerate its expansion into new markets, specifically the UAE and the wider Middle East region.

Construction

Who are they? Bolsterup is a digital platform designed to connect the construction sector. Furthermore, it leverages AI to efficiently match supply and demand within the construction industry through smart matchmaking.

The platform analyses project teams, products, partnerships, and geographic data to achieve optimal matches for emerging projects. This is to enhance efficiency and effectiveness in decision making.

Essentially, it is an AI powered hub for construction companies offering data, interactive tools and smart business development recommendations.

Meanwhile, Uni.Fund is a European investment fund that backs high-potential technology startups, with a focus on the European market.

How does the AI work? The platform’s AI agents seek to improve decision-making processes and facilitate the creation of new business opportunities for suppliers.

The startup provides the users on the demand side detailed data insights, market understanding, and cost savings. 

On the supplier’s side, users will gain access to advanced tools for identifying new business prospects and generating highly targeted leads. 

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