STV is the largest independent technology VC in the Middle East, anchored by Saudi Telecom as a key limited partner, investing in GCC and broader MENA tech startups from Series A through growth. Founder Abdulrahman Tarabzouni built the firm around the thesis that MENA's tech market offers steep growth potential despite lagging Silicon Valley by years.
Careem's acquisition by Uber - a landmark exit for STV's MENA portfolio