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STV

Profile, fund size and leaders

Parent Saudi Telecom Company (stc)HQ Riyadh, Saudi ArabiaFounded 2018

STV is the corporate venture arm of Saudi Telecom Company (stc), a telecommunications company. It was founded in 2018 and is based in Riyadh, Saudi Arabia. It invests from seed to growth. Sectors it names: fintech, logistics and supply chain, consumer and retail, artificial intelligence.

Commitment by parentS4
USD 800M
Companies backedS1
40+

Every figure links to its source

Snapshot

Investment stage: Seed to Growth
Data behind this graphic
Data behind this graphic
ItemValue
Stage rangeSeed to Growth
SectorsFintech, Logistics and supply chain, Consumer and retail, Artificial intelligence
GeographyMiddle East and Africa
OfficesRiyadh, Saudi Arabia

Sources: S1 STV home page; S3 STV: stc commits additional $300m to STV.

Graphic 1 of 2

Investment stage: Seed to Growth

Sources: S1 STV home page; S3 STV: stc commits additional $300m to STV.

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Scale and capital allocated
Data behind this graphic
Data behind this graphic
MeasureValueUnitKindSource
Headline sizeUSD 800MCommitment by parentStated by the firm or its parentS4
Companies backed40+companiesStated by the firmS1

Sources: S4 Reuters: Saudi Telecom Co commits extra $300 million to VC firm STV; S1 STV home page.

Graphic 2 of 2

Scale and capital allocated

Firms and databases count companies, rounds and investments differently.

Sources: S4 Reuters: Saudi Telecom Co commits extra $300 million to VC firm STV; S1 STV home page.

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Where it invests and who leads it

Geography

Headquarters
Riyadh, Saudi Arabia

Investment regionsS1S3

LeadersS2

STV on LinkedIn

Key facts

FactValueStatusSource
Parent companySaudi Telecom Company (stc) (Tadawul: 7010)Single sourceS4
Parent industryTelecommunicationsSingle sourceS4
Founded2018Single sourceS4
HeadquartersRiyadh, Saudi ArabiaSingle sourceS6
StatusActiveSingle sourceS1
Capital sourceParent and outside investorsSingle sourceS1
Headline sizeUSD 800M (Commitment by parent)Single sourceS4
Companies backed40+Single sourceS1
People on the team page19Single sourceS2
StagesSeed, GrowthSingle sourceS1

About Saudi Telecom Company (stc)

ItemDetailSource
Listed asTadawul: 7010S4
HeadquartersSaudi ArabiaS4

Fund vehicles

VehicleSizeYearSource
STV Fund I (stc commitment)USD 500M2018S4
Additional stc commitmentUSD 300M2022S3
STV AI FundUSD 100MS1

History

  1. stc announces a USD 500 million venture fund, STV.S5
  2. STV set up with USD 500 million from stc.S4
  3. stc commits an additional USD 300 million.S3

Official pages

Read the firm's own pages for current information.

Sources

  1. S1STV home pageFirm
  2. S2STV Team pageFirm
  3. S3STV: stc commits additional $300m to STVFirm
  4. S4Reuters: Saudi Telecom Co commits extra $300 million to VC firm STVPress
  5. S5Wamda: STC announces the establishment of its $500M VC fund, STVPress
  6. S6Entrepreneur Middle East: STV Founder and CEO Abdulrahman TarabzouniPress

Disclaimer and corrections

Not affiliated. This page is not affiliated with, endorsed by or sponsored by STV or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.

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