STV
Overview
STV is an independent venture capital investment firm based in Riyadh, Saudi Arabia, founded in 2018. It is anchored by STC, the largest telecom operator in the MENA region, granting access to essential assets such as network infrastructure, customer analytics, and an extensive customer base. This support enables STV to assist its portfolio companies in scaling their operations effectively. The firm focuses on investing in early and later-stage companies, with a particular emphasis on the information technology sector.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Tabby | Feb 2025 | Series E | Co-investor |
| D360 Bank | Feb 2022 | Capitalization | Co-investor |
| Floward | Feb 2023 | Series C | Lead |
| Calo | Jul 2025 | Series B | Co-investor |
| Gathern | Aug 2025 | Series B | Co-investor |
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Key People
Ahmad AlNaimi
General Partner
Mazin Alzaidi
General Partner
Sietse van de Kerkhof
Investment Manager
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is STV based?
STV is headquartered in Riyadh, Riyadh, Saudi Arabia.
When was STV founded?
STV was founded in 2018.
How many portfolio companies does STV have?
STV has 33 portfolio companies in Caplight's dataset.
What are some companies in STV's portfolio?
Portfolio companies visible on Caplight include Tabby, D360 Bank, Floward, Calo, Gathern.
What was STV's most recent investment shown here?
STV's most recent investment in this portfolio sample was in Gathern in 2025.
What sectors does STV focus on?
STV focuses on FinTech, FinTech, FinTech, Consumer & Commerce, FinTech, Media, Entertainment & Gaming, Mobility, Transportation & Logistics, Consumer & Commerce, Consumer & Commerce, Mobility, Transportation & Logistics, Mobility, Transportation & Logistics, Consumer & Commerce, Healthcare & Life Sciences, FinTech, Consumer & Commerce, FinTech, Consumer & Commerce, FinTech, FinTech, Consumer & Commerce, Enterprise Software, Enterprise Software, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Enterprise Software, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Consumer & Commerce, Enterprise Software, AI, Data & Cloud Infrastructure, Mobility, Transportation & Logistics, Consumer & Commerce, Enterprise Software, Mobility, Transportation & Logistics, Enterprise Software, Real Estate & PropTech, Consumer & Commerce, Telecommunications & Networking, FinTech, Enterprise Software, FinTech, Real Estate & PropTech, Enterprise Software, FinTech, Enterprise Software, Cybersecurity, Consumer & Commerce, Enterprise Software, Mobility, Transportation & Logistics, Consumer & Commerce, Telecommunications & Networking, Enterprise Software, AI, Data & Cloud Infrastructure, Consumer & Commerce, FinTech, Mobility, Transportation & Logistics, Consumer & Commerce, Consumer & Commerce, Enterprise Software.
What company stages does STV focus on?
STV typically invests at the MultiStage stage.
What is STV's AUM?
STV's assets under management are estimated between $500.0M and $1.0B.