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STC Ventures

Dubai Founded 2012 Website
Cheque Size$1M to $50M
Stages5
Industries15
Markets21
Stated Portfolio20
Operating Since2012 (14y)

About STC Ventures

STC Ventures is an independently managed venture capital fund whose anchor investor is the Saudi Telecom Company. The fund aims to empower entrepreneurs to create market-leading technology businesses by providing equity investments that help build leading companies in the information technology, telecommunications, and digital media/entertainment sectors. One of the key objectives of STC Ventures is to support the development of innovative technology companies in the GCC, wider MENA region, and Turkey, in addition to funding globally minded international companies seeking capital and access to the MENA region. The fund's investment strategy focuses on early-stage companies, including Seed, Series A, Series B, Growth, and Late Stage investments. STC Ventures has a broad geographical focus, investing in countries such as Saudi Arabia, United Arab Emirates, Kuwait, Bahrain, Qatar, Oman, Jordan, Lebanon, Egypt, Turkey, United States, United Kingdom, Germany, France, India, China, Japan, South Korea, Singapore, Australia, and South Africa. The fund's industry focus spans various sectors, including Technology, Telecommunications, Digital Media, Entertainment, Fintech, E-commerce, Healthtech, Edtech, Proptech, Agtech, Logistics, Transportation, Energy, Consumer Goods, and Education. STC Ventures has a track record of supporting over 90 digital projects, with investments and financial transactions reaching a market value of SAR 12 billion. Over 40 million users have benefited from the fund's projects. The fund has also established the STV Investment Fund, which invests in small and medium-sized companies in communications and information technology, and launched its corporate investment fund (CIF) in February 2023, focusing on early-stage startups in the cybersecurity, AI, digital gaming, IoT, and blockchain sectors. As of May 2023, STC Ventures has invested over SAR 3.5 billion in social, educational, and health initiatives, demonstrating its commitment to fostering innovation and development across various sectors and regions.

Geographical Focus

African markets2

Other stated markets19

United StatesUnited KingdomGermanyJapanAustraliaSingaporeChinaIndiaFranceUnited Arab EmiratesSouth KoreaSaudi ArabiaQatarKuwaitOmanLebanonBahrainTurkeyJordan

Requirements

Innovative technology solutions, Scalable business models, Strong management teams, Potential for regional and international expansion, Alignment with STC Ventures' strategic interests

Stated Portfolio20

Careem
Property Finder
Nana
Tamara
Anghami
Sary
Unifonic
Fetchr
Noon
Foodics
Mumzworld
Jahez
Zid
JumiaCorporate
Souq.com
Wadi
Yallacompare
Jabbar Internet Group
YAP
FalconViz

As reported by the investor. 1 of 20 names match a profile on this platform and links through. The rest are printed as stated.

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Profile

TypeVenture Capital
CityDubai
Founded2012
Minimum Cheque$1M
Maximum Cheque$50M