Malta continues to dazzle with its breathtaking landscapes, inviting climate, and rich historical tapestry. This archipelago, often selected as a scenic location for major film productions, has become an increasingly sought-after tourist destination, embodying the essence of European civilization.
The country’s commitment to fostering a dynamic startup culture is increasingly evident, attracting new and innovative businesses to its shores. Malta already plays a significant role in the gaming and blockchain industries and is ambitiously expanding its economic landscape. It is focusing on the future of tech development in areas such as Artificial Intelligence, Big Data, the Internet of Things, and Distributed Ledger Technologies, offering numerous growth opportunities.
This year, Malta’s prominence in the startup world will be celebrated at the EU-Startups Summit 2024. On May 9 and 10, we will bring together over 2,000 founders, startup enthusiasts, and investors for exciting days of networking, inspiration, and much more!
On that note, we have decided to delve further into the Maltese startup scene. Here, you’ll find a list of incredibly promising, fresh-faced startups from Malta, all founded after 2018, that we expect to surge ahead in 2024 and beyond.
Binderr: A pioneering client onboarding tool that streamlines risk assessments, end-to-end AML, signature collection, as well as management and incorporation of companies. Founded in 2020, they have raised €2 million to offer lawyers, accountants, and financial professionals a case management tool that futureproofs their compliance while streamlining their workflows.
CIVIQUO: One of the world’s first Investment Migration Platforms. It was founded in 2018 aiming to help people find their next residency or citizenship destination by bringing together a large selection of residence and citizenship programs, and an international network of immigration service providers. In December 2019, the team landed around €1 million in seed funding to expand their solutions further.
ELO.PUB: Founded in 2021, ELOPUB is an advanced competitive gaming & esports platform catering to a wide range of players. They have raised over €280K to actively evolve, offering a unique range of CS:GO activities with automated, entertaining formats suitable for all skill levels. They demonstrate a strong commitment to customer service and community building.
Fyorin: A payment and financial operations platform that addresses challenges faced by finance teams dealing with multiple non-integrated financial providers. Founded in 2019, they have secured €650k to offer SMEs the ability to access a wide range of financial products, tailored to their business requirements, in a frictionless and effortless way – under one roof.
LEET: A gamified, community-based platform for amateur sports enthusiasts that leverages the power of AI to facilitate the finding of sports, teams, or players. Whether you’re looking to find missing players for your game, challenge other teams, or organise matches within your regular groups, LEET is designed to meet these needs. Founded in 2020, they have raised €200K to unite sports lovers across various disciplines.
Odd Scanner: Marketing and Media Technology Company that helps iGaming operators grow in highly competitive markets by bringing unique solutions designed to funnel high-quality traffic to their products. Founded in 2019, they have raised €550K to keep developing iGaming business marketing strategies and services such as media buying, SEO, content and technology.
Rootz: Founded in 2018 with an all-star crew of experienced iGaming professionals. With a focus on innovative and efficient programming, lean but powerful graphics, and rich content, Rootz has built a platform that delivers the very best in online gaming management. Starting with Wildz, a trailblazing online casino, the Rootz platform is powering the iGaming brands of the future.
Unibo: Software development company founded in 2018. They are dedicated to creating the most extensive, innovative, and user-friendly gamification and promotional solutions for players, providers, and operators in iGaming. Often referred to as a dream solution for CRM and Casino teams, since everything has been built from scratch by a team with extensive experience in this field. They have raised a total amount of over €1.2 million.
VAIOT: Founded in 2018, Viot combines artificial intelligence and blockchain technology to create new ways of digitally accessing services and securely concluding legal agreements. Having raised €4.5 million, they enable both businesses and consumers to utilise Intelligent Contracts. These contracts function as personal assistants and are accessible on mobile devices through a simple, natural user interface.
Woowbe: Founded in 2020, WOOWBE is a loyalty channel that provides businesses with a digital platform for offering card-linked offers and cash-back rewards. It’s a simple and innovative solution that helps businesses achieve greater brand loyalty, without requiring operational changes. Users can link their cards to receive rewards easily and securely, making it a hassle-free way to earn rewards.
By the way: If you’re a corporate or investor looking for exciting startups in a specific market for a potential investment or acquisition, check out our Startup Sourcing Service!