STV

company

About

STV is the largest independent VC fund in MENA with $500m in AUM. STV backs and scales the region's most exciting and disruptive ventures.

  • 11 - 50

Details

Industries
Finance,Financial Services,Venture Capital
Founded date
Jan 1, 2018
Number Of Employee
11 - 50
Operating Status
Active
Investor Type
Venture Capital

STV is an independent VC fund that is anchored by STC (MENA's largest telecom operator) with access to its assets (e.g., network, channels, analytics, customer base, etc) to enable its portfolio companies to scale.
(Operation started in early 2018)

Investments

Number of Investments
Number of Lead Investments
12
8
STV has made 12 investments. Their most recent investment was on Dec 28, 2022, when MANAFA Capital raised $28M.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 28, 2022 MANAFA Capital
Series A $28M Crowdfunding Yes
Dec 6, 2022 Calo
Seed $13M Food and Beverage Yes
Apr 20, 2022 Foodics
Series C $170M Management Information Systems
Feb 14, 2022 TruKKer
Series B $46M Freight Service Yes
Dec 8, 2021 Calo
Seed $13.50M Food and Beverage Yes