STV (Saudi Technology Ventures) is the largest venture capital firm in the Middle East, based in Riyadh and anchored by stc (Saudi Telecom Company). It backs and scales disruptive technology startups across the MENA region, with a recent focus on AI-native companies.
Deal activity decreased year-over-year (1 deals in the last 12 months vs 3 prior). Average disclosed round size is $58.9M (across 35 rounds with reported amounts).
Portfolio
31
Fund Size
$100M
Top Stage
Series A
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
39 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Calo Inc. | Series B | $39M | Jul 2025 |
 Tabby | Series E | — | Feb 2025 |
 BuildNow | Seed | $10M | Feb 2025 |
| CCalo | Series B | $39M | Jan 2025 |
 Intelmatix | Series A | $20M | Jul 2024 |
| Tabby | Series D | $250M | Jan 2024 |
| Tabby | Series D | $200M | Oct 2023 |
| Tabby | Series B | $58M | Jan 2023 |
| FFloward | Series C | $156M | Jan 2023 |
 Manafa | Series A | $28M | Dec 2022 |
 Zenda | Seed | $9.4M | Apr 2022 |
 Qlub | Seed | $17M | Jan 2022 |
 Sary | Series C | $75M | Dec 2021 |
 Opontia | Series A | $42M | Dec 2021 |
 Foodics | Series B | $20M | Feb 2021 |
| FFloward | Series B | $27.5M | Jan 2021 |
 spiderSilk | Series A | $2.3M | Jan 2021 |
 Noon Academy | Series A | $8.6M | Jan 2020 |
 Nana | Series B | $18M | Jan 2020 |
 TRUKKER HOLDING LIMITED | Series A | — | Nov 2019 |
 Mrsool | Series A | — | Mar 2019 |
| spiderSilk | Seed | — | Jan 2019 |
| CCareem Networks | Series E | $200M | Oct 2018 |
 Unifonic | Series A | $21M | Oct 2018 |
 Vezeeta | Series C | $12M | Sep 2018 |
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Top Co-Investors
Endeavor10 shared
Wa'ed Ventures7 shared
Sanabil Investments5 shared
VentureSouq4 shared
Mubadala Investment Company4 shared
Shorooq Partners3 shared
Khwarizmi Ventures3 shared
Wellington Management3 shared
PayPal Ventures3 shared
Mubadala Ventures3 shared
Arbor Ventures3 shared
Founders Fund2 shared
Peak XV Partners2 shared
Blue Pool Capital2 shared
BECO Capital2 shared
Investcorp2 shared
500 Global2 shared
TSVC1 shared
Rua Growth Fund1 shared
Martin Ventures1 shared
Last updated: 8 September 2026