STC Corporate Investment Fund

STCCorporate Investment Fund, established in 2023, is the corporate venture capital arm of Saudi Telecom Company (STC). The fund is dedicated to investing in startups across advanced technology domains, with a particular emphasis on early-stage technical innovation and feasibility. By leveraging STC's extensive experience in telecommunications and digital services, the fund aims to drive digital transformation and support the growth of innovative companies in the Middle East and beyond. The fund's strategic focus includes sectors such as artificial intelligence, cybersecurity, cloud computing, and the Internet of Things, aligning with STC's commitment to technological advancement and economic diversification in Saudi Arabia. Through these investments, STC Corporate Investment Fund seeks to foster innovation, enhance digital infrastructure, and contribute to the realization of Saudi Vision 2030, which aims to diversify the economy and develop the digital sector. The fund's approach combines financial support with strategic guidance, providing portfolio companies access to stc's resources, expertise, and market presence to accelerate their growth and success in the competitive global market.

Location
King Abdulaziz Complex, Imam Mohammed Bin Saud Street, Al Mursalat Area, Riyadh
Founded
2023
Type
Investment Firm

https://www.stc.com.sa