Startup Intelligence Platform
Established in 2018, Saudi Technology Ventures (STV) is the largest technology venture capital fund in the Middle East, managing over $800 million in capital. Headquartered in Riyadh, Saudi Arabia, STV is dedicated to investing in and scaling the region's most innovative and disruptive technology companies. The fund's portfolio includes notable fintech companies such as Careem, a Dubai-based super-app; Tabby, a buy-now-pay-later startup from the UAE; and Foodics, a cloud-based point-of-sale and restaurant management system provider. In February 2024, STV launched the $150 million STV Total Growth platform to accelerate the growth of technology companies in the region through both equity and debt investments. This initiative underscores STV's commitment to fostering innovation and supporting the expansion of technology-driven businesses across the Middle East and North Africa (MENA) region.