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Trust Stamp announces approval of €1mm funding to launch subsidiary with Maltese government
Trust Stamp recently received approval for €1mm of funding from Malta Enterprise to establish and operate Trust Stamp Malta, a wholly owned subsidiary and innovation hub for the company’s growing AI solutions, located in the Republic of Malta.
Trust Stamp CEO and Co-Founder Gareth Genner noted, “Malta will not only host an expanded R&D team but will also serve as the base for our public-benefit subsidiary “AiiD” to work with NGO’s and governments throughout Africa.”
Malta Enterprise and Trust Stamp have identified various initiatives of mutual interest such as elevating women in the technology industry and promoting financial and societal inclusion in emerging markets.
Trust Stamp, which became successfully funded the day of launching its public live campaign, has surpassed 3.2mm raised and is still accepting investments.