- What
- Equity from a $100M AI fund, plus NICE non-dilutive funding.
- Cost
- Equity
- Status
- Active
Checked · September 2026 · stv.vc · How we check ↗
In detail
STV is a venture capital in Saudi Arabia. Saudi venture capital firm. Runs the $100M AI Fund backed by Google for AI-native startups across MENA, and NICE, a non-dilutive funding programme (site). Tabby became its third unicorn (2023).
- Amount
- AI Fund $100M · NICE non-dilutive funding
- Focus
- Technology — FinTech, B2B, consumer tech, enterprise software
- Status
- Active
What the source says
“$100 Million AI Fund”
“STV is the largest venture capital firm in the Middle East with $1.4b+ in assets under management (AUM).”
“Google is backing STV's new AI Fund, a dedicated fund established to enable the growth of AI-native startups across the Middle East and North Africa.”
“STV is launching STV Alpha—a track designed to attract top talent into venture capital and entrepreneurship.”
Closing soon on the map
Cultural Development Fund (CDF)
Finspire
QSTP Incubation
More VC funds & investors in Saudi Arabia
Growth Catalyst
HALA Capital
Joa Capital
KAUST Innovation Ventures
All VC funds & investors in Saudi Arabia → · Across the Gulf →
Sources
Primary source · stv.vc · LinkedIn · linkedin.com/company/stvcapital · Checked September 2026