Malta Enterprise
Gwardamangia Hill, Pietà, MEC 0001, Malta
Overview
Malta Enterprise attracts new foreign direct investment as well as facilitating the growth of existing operations. In operation under various guises since the 1950s, which is almost since the beginning of Malta’s industrial development, the Corporation contains within it a great deal of accumulated experience in the field. Furthermore, it acts as an adviser to government on economic policy due to its close and constant interaction with the main economic players in the country. It is the driving force behind the creation of IFDIS, the Institute of Foreign Direct Investment Studies, an institution which offers research and training for FDI management to stakeholders involved in the development of FDI attraction and retention strategies. Malta Enterprise is also the national contact point for the Enterprise Europe Network through which companies based in Malta can develop links with counterparts in over 60 other countries. Within the organization, one may find a wide variety of skills and backgrounds. This facilitates interaction with investors from all sectors, ensuring that specific requirements are understood and met. The long term presence of an investor in the country is a priority for Malta Enterprise. We therefore work constantly with our clients to find solutions to any issues they may be facing and to help them adapt to changing circumstances. This has resulted in symbiotic relationships being maintained for decades, for the benefit of all concerned.
- Total investments
- 4
- Lead investments
- 1
- Investments · 12mo
- 2
- Active investors
- 2
Sector focus
- Government
- Professional Services
Investment portfolio
- Garland Surgical
Participated · Grant · May 2026
Garland Surgical develops the TriActiv Hip, a patented triaxial hip system designed to deliver a wider, more natural range of motion with enhanced stability and ultra-low wear compared to conventional ball-and-socket implants. The company positions TriActiv to address instability and longevity concerns for higher-risk and high-demand patients and to compete in an estimated $8 billion total hip replacement market. Garland aims to complete final design verification, pursue regulatory submissions for FDA and MDR clearance, and progress to first-in-human clinical studies as part of its evidence-generation roadmap. The business is supported by a recently closed €3.5 million seed round and is preparing a staged Series A with advisory support from Ferghana Partners to fund regulatory and clinical milestones and enable early commercialization. Founded in 2022, Garland is headquartered near Worcester, United Kingdom, and operates in Malta with collaborations across Europe.
- Elevify
Participated · Seed · Apr 2026
Elevify organizes existing online content—videos, podcasts, books—into structured courses that combine video, audio, text and infographics, offering a free tier and a premium plan (R$84.90 per course in Brazil). The platform runs as an MVP and already lists roughly 30,000 courses per country with a target of 50,000 by August. Elevify has rapidly scaled internationally: it launched in January 2026 across 140 countries and 40 languages, and the U.S. is now its second-largest market after Brazil. User growth accelerated from 5,000 new students per month in January 2025 to 40,000 in July 2025 and 220,000 in March 2026; monthly revenue rose from $15k in July 2025 to $120k in March 2026, reaching breakeven that month. The company plans to expand into B2B and competitive exam preparatory courses, increase its headcount (aiming for about 15 people) and continue product development. Cofounded by Rangel Barbosa (CEO) and Cesar Silva, the team aims to scale to millions of users while keeping an intentionally small core team.
- Actable AI
Participated · Equity · Feb 2022
Actable AI provides a no-code advanced analytics platform that lets spreadsheet users run AI-based analyses directly in Google Sheets and Excel without programming knowledge. Its technology offers eight AI analytics functions, including causal inference, regression, classification, forecasting, sentiment analysis, segmentation, data cleaning, and correlation analysis. The company also offers a stand-alone web app to handle datasets too large for spreadsheets. Actable plans to release a Google Sheets add-on, an Excel plugin, and several other plugins this year to broaden integrations and accessibility. The recent funding will enable Actable to launch its solution and expand its user base. The company was founded in 2020 and is based in London, UK.
- Trust Stamp
Led · Debt Financing · Jun 2020
Trust Stamp develops privacy-preserving identity solutions that apply advanced cryptographic techniques, deep neural networks and proprietary AI tools to biometric and other identity data, producing an Irreversibly Transformed Identity Token (IT2). Its technology is pitched to reduce fraud, improve user experience and promote financial and societal inclusion where identity infrastructure is lacking. The company completed a $6.5M Regulation A equity crowdfunding raise on SeedInvest to fund continued research and development of its identity products. Trust Stamp is dual headquartered in Atlanta (US) and Cheltenham (UK) and has over 50 employees worldwide with a reported pre-money valuation of $25M. The company participates in and is a graduate of multiple accelerator programs and is working toward a direct public listing on the Euronext Growth Market under the AIID ticker. Trust Stamp develops AI-powered authentication technology that transforms biometric and identity data into non-PII hashes called EgHash™ using advanced cryptographic techniques, deep neural networks and zero-knowledge proofs. The company announced approval of €1,000,000 from Malta Enterprise to establish and operate a wholly owned Malta subsidiary. The funding package combines a €200,000 grant with up to €800,000 in a low-interest loan intended to cover 75% of Malta-based employees' salaries, with loan repayment tied to 10% of the subsidiary's annual profits. The Malta subsidiary will host expanded R&D, a Post-Doctoral Fellowship Program, and serve as the base for a public-benefit arm called AiiD to work with NGOs and governments across Africa. Trust Stamp is dual-headquartered in the United States and United Kingdom and has existing locations in the United Kingdom, Poland and the Netherlands. The company is preparing to seek a direct public listing on the Euronext Growth Market, has reserved the AIID ticker, and appointed Davy Group as its designated Euronext Growth Advisor. Financially, the Malta funding parallels a separate $7,000,000+ raise that combined a Regulation A Tier II public offering on SeedInvest with direct investments from Mastercard International, Second Century Ventures and FSH Capital. Trust Stamp applies advanced cryptographic techniques and AI-powered presentation-attack detection to biometric and other identity data to produce a proprietary non-PII Hash called EgHash. An EgHash provides a tokenized identity that cannot be reverse engineered, can be matched and deduplicated using Trust Stamp’s probabilistic AI, and verified via zero-knowledge proofs. The company’s technology is used across humanitarian and development services, banking, FinTech, KYC/AML compliance, real estate, and law enforcement. Trust Stamp is led by CEO Gareth N. Genner and is headquartered in the Advanced Technology Development Center at the Georgia Institute of Technology in Atlanta, GA. It graduated from Mastercard’s Start Path accelerator in 2018. The company recently received a strategic investment from Mastercard; the amount was not disclosed. Trust Stamp applies patented artificial intelligence to analyze hundreds of public records and social data to verify individuals and generate a trustworthiness score. Its solution combines driver’s license analysis and proof-of-liveness photographic identification with data from more than 200 social media sites and public records, including criminal and sex offender databases. The company provides identity verification for real estate professionals meeting new clients or unknown individuals and has clients across multiple industries, including a major U.S. bank. Trust Stamp is launching a Facebook app to enable consumers to buy and sell in their local community through Facebook Marketplace. The company is also advancing blockchain technology to store and access data using techniques that the article says are immune to distributed denial of service attacks. Financially, Trust Stamp has received strategic funding from Second Century Ventures, though the amount was not disclosed.