Issue link: https://maltatoday.uberflip.com/i/1472080
2 NEWS 30.6.2022 IKIGAI Ventures, the €20 million seed- stage venture fund spearheaded by Maltese entrepreneur Eman Pulis has announced its first investment, joining the Series A funding in Swedish sports tech company Triggy. Founded in 2017, Triggy's state-of-the-art products make it possible for sportsbooks, affiliates, sports teams, and media companies to effectively acquire, engage and re-tar- get users by delivering relevant content at the right time. Triggy's products are available in multiple languages through dynamic, context aware Widgets, stan- dalone branded live-score apps, and as an integrated SaaS solution. Pulis, who is best known as the found- er and CEO of SiGMA World, which organises events for the gaming, AI, blockchain and medtech sectors around the world, said, "Ikigai Ventures was cre- ated specifically to help boundary push- ing businesses in emerging sectors ac- celerate their development and growth. anks to the network SiGMA has built up over the past ten years we are able to offer financial investment and connect companies to hundreds of potential cli- ents. is is the model we are adopting with Triggy, a company that is leading the way in using machine learning and AI in the sports betting space." Stefan unberg, Co-founder at Trig- gy, said, "Triggy is dedicated to supply the gaming industry with effective da- ta-driven products that connect sports data, live odds and user insights to en- gage and provide a better user experi- ence for fans and bettors. Our unique personalisation platform and products continue to evolve. With this new in- vestment from Ikigai Ventures, coupled with access to SiGMA's incredible net- work, we are now well-placed to take Triggy to the next level." Having been established in late 2021, Ikigai Ventures has also onboarded two new partners with decades of venture capital investing experience. Vinícius Moraes de Carvalho and Daniele Calzolari, who joined in February 2022, are leading the process of identifying and concluding new investment oppor- tunities on behalf of the diverse board of investors who have now joined Ikigai Ventures. More information on Triggy is avail- able at https://triggy.com/. For more information on Ikigai Ventures vis- it https://ikigaiventures.io/ Ikigai Ventures announces first investment Electrofix Group acquires Arjakon Ltd APS Bank rings the bell at the Malta Stock Exchange Ikigai Ventures has announced its first investment, joining the Series A funding in Swedish sports tech company Triggy ELECTROFIX Group, a leading Mal- tese company specialised in renewable energy products, announces the acqui- sition of Arjakon Ltd, a leading import- er and distributor of air-conditioning and efficient water heating solutions in Malta. "e acquisition of Arjakon Ltd by Electrofix Group represents a crucial milestone in our Group's growth jour- ney. We are proud of this corporate ac- quisition and having Arjakon's brands under Electrofix Group's umbrella gives us a strong competitive advan- tage in the local market," states Elect- rofix Group. Arjakon's roots go back to 1966, when the concept of air conditioning was still in its infancy. Today, the company evolved into a professional and special- ist operator in the sector. Electrofix Group will officially be pre- senting Arjakon's brands for the first time at this year's Malta Trade Fair between the 23rd of June and the 3rd of July on its ECODarna stand where it will also be launching a new 490W pv panel model. With the availability of higher power solar panels, less roof space is required to attain equal elec- tricity outputs. "ECODarna is our vision for Maltese homes to become increasingly energy efficient. On this year's 480sqm stand at the Malta Trade Fair, the public will find all our range of renewable energy prod- ucts which includes solar panels, solar water heaters, heat pumps, car chargers, fuel station installations, maintenance, AC's, underfloor heating, and a show- case of our M&E projects portfolio Offers are available on various prod- ucts and solutions on display, through- out the fair duration. ree Airwell ACs units will be awarded to visitors who take a selfie on the ECODarna stand, post it on Facebook, tag #ECODarna, like and share the ECODarna page. ON Monday 27 June, the Malta Stock Exchange hosted the 'Ringing of the Bell' event to mark the listing of 359.7 million APS Bank plc shares. Earlier in June, the Bank closed a highly successful and heavily over- subscribed Initial Public Offering (IPO) of 110 million new ordinary shares at an issue price of €0.62 per share. In his welcome speech, Malta Stock Exchange Chairman Joseph Portelli commented: "I can see, based on the people here, there is real pride at APS, that you have taken this significant step. Congratulations to all of you, to your Board and your shareholders. Congratulations to the APS team, we are thrilled that, after your bond issue of 2020, you are now a key member of the Malta Stock Exchange family. Keep up the great work." In his reply, Marcel Cassar, APS Bank CEO, said: "e 'Ringing of the bell' is a significant event for the Exchange and for us. is project was born out of a vision that goes back years and still has much more to deliver. In our towns and villages, we ring bells to announce important events and milestones, and we hope to have other opportunities to ring bells, maybe not this one, with an even louder chime." e event was attended by members of APS Bank Management and Staff who worked closest on the IPO. Also present were senior representatives from the Joint Sponsors and Manag- ers Rizzo Farrugia & Co. and Curmi & Partners, Legal Counsel Ganado Advo- cates and Management and Staff of the Malta Stock Exchange.