Fundraising Fox

STV

Venture capital

Dubai · Seed–Late Stage · 17 people tracked

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Investment thesis

STV backs technology companies across MENA, providing capital, insights, networks, and resources to help startups gain a competitive edge. Operating since 2018, the firm invests across venture capital and growth equity, and has launched a dedicated AI Fund (backed by Google) to support AI-native startups at early stages and accelerate their growth beyond the region. STV also runs STV Alpha, a track designed to attract top talent into venture capital and entrepreneurship, giving participants hands-on venture investing experience while exploring building their own ventures.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Late Stage
Check
$2.1M – $54M
HQ
Dubai, AE
Leads rounds
Leads
Instruments
Equity
Founded
2018
AUM
$100M
Tracked investments
32

Team · 17 people

from the firm's website
Sietse van de Kerkhof· Investment Managerin
Dina Alnumay· Investment Analystin
Eleonore Folliot· Investment Associatein
Komiljon Kuljonov· Investment Associatein
Madiha Loveless· Finance & IR Directorin
Mohannad Alrokaini· Investment Analystin
Rico Sumadia· Executive Assistantin
Suleman Sakur· Finance Managerin

What they invest in

from 12 of 32 portfolio companies

Fintech ×5Marketplaces ×4AI & Machine Learning ×3Consumer ×3Enterprise Software ×3SaaS ×3Marketing Tech ×2AdTech ×1

HQs:Saudi Arabia×9United States×2

Investments · 32 tracked

founders shown can be your intro path
Leversuselevers.comin𝕏✓ verified

Levers is a B2B finance software platform that modernizes accounts receivable processes and financial operations for businesses.

AI & Machine LearningEnterprise SoftwareFintechSaaSJeddah, SA

Ammar Alkhouli(Founder)inMotasim Zawawi(Founder)in

Abyancapitalabyancapital.sain𝕏

Abyan Capital offers Shariah-compliant investment portfolios for individuals, including money market funds with daily returns and a Saudi equity portfolio.

Fintech

Calocalo.appin𝕏
Careemcareem.comin𝕏
D360d360.comin𝕏

D360 is a Saudi digital bank offering Sharia-compliant banking services, including a travel card with no international fees and family/dependent spending controls.

Fintech

Fireflyfireflyon.comin𝕏

Firefly operates a network of digital advertising screens on vehicles including car top displays and branded wraps on taxis and rideshare vehicles, delivering geo-targeted and contextually relevant messages to urban audiences across 60,000+ screens in the U.S. and 7 countries globally.

AdTechMarketing TechMarketplacesMobility & Transportation<UNKNOWN>, US

Flowardfloward.com
FOODICSfoodics.comin𝕏
Gatherngathern.co𝕏

Gathern is an online booking platform for short-term rental properties in Saudi Arabia, offering chalets, farms, campsites, villas, apartments, studios, and resort units across more than 180 cities.

MarketplacesPropTechTravel & Hospitality

Golden Scentgoldenscent.com
Intelmatixintelmatix.aiin𝕏
Jasper.aijasper.aiin𝕏

Jasper provides an AI-powered platform for marketers and creators to generate and refine content.

AI & Machine LearningCreator EconomyEnterprise SoftwareMarketing TechSaaSAustin, US

Chris Hull(Founder/Vice President of Customer Success)inJP Morgan(Founder/CTO)inDave Rogenmoser(Founder)inJohn Philip Morgan(Executive Officer, Director, Promoter)Shane Orlick(Executive Officer)Jeffrey Horing(Director)

Manafamanafa.coin𝕏

Manafa is a Saudi financial platform offering supply-chain financing in partnership with large regional companies, short-term business financing delivered within 48 hours, and Shariah-compliant investment products with returns up to 18%.

Fintech

Mrsoolmrsool.coin𝕏

Mrsool is an on-demand delivery service offering food, grocery, and retail deliveries from restaurants, supermarkets, and various stores, along with a subscription plan (Mrsool Black) providing free delivery and discounts.

ConsumerLogistics & Supply ChainMarketplaces

Nananana.sain𝕏

Nana is an online delivery platform offering groceries, restaurant and cafe orders, beauty products, and digital cards, with fast delivery to customers' homes.

ConsumerE-commerceFoodTech

Noon Academynoonacademy.com
Opontiaopontia.com
Qlubqlub.ioin
Sabbarsabbar.comin𝕏

Sabbar is a Saudi Arabian online recruitment platform connecting job seekers with companies across sectors such as retail, hospitality, logistics, and IT.

Future of WorkHR TechMarketplaces

Sallasalla.sa
Sarysary.com
Sawt

Building Arabic-native voice AI for the enterprise; STV co-led its seed round as the first investment from STV's AI Fund.

SpiderSilkspidersilk.com
Tabbytabby.aiin𝕏
Telfaz11telfaz11.com
Trukkertrukker.ae
Tweeqtweeq.sain𝕏

Tweeq (طويق) is a Saudi digital banking app offering a digital account with a debit card, instant fee-free peer-to-peer transfers, cashback rewards, spending tracking, and mobile/smartwatch payments.

ConsumerFintech

Unifonicunifonic.comin𝕏

Unifonic offers an AI-native customer experience platform that uses autonomous AI agents and omnichannel messaging (SMS, voice, Apple Messaging, chat, social) to manage customer journeys, support, and notifications for enterprises and public-sector organizations.

AI & Machine LearningEnterprise SoftwareSaaS

Vezeetavezeeta.com
Wajeezwajeez.co
YouGotAGift

eGiftcard marketplace that received NICE funding from Tenami Capital.

Zendazenda.comin

Frequently asked questions

What stage does STV invest at?
STV invests at the Seed, Growth, Late Stage stages.
What is STV's typical check size?
STV typically writes checks of $2.1M – $54M.
What sectors does STV focus on?
STV focuses on AI & Machine Learning, E-commerce, Fintech, Marketplaces, Sector Agnostic.
Where is STV located?
STV is headquartered in Dubai, AE.
Does STV lead rounds?
Yes, STV leads investment rounds.

Media · Podcasts & interviews

featuring the team

STV CEO Abdulrahman Tarabzouni at Bloomberg Invest 2019 الرئيس التنفيذي عبدالرحمن طرابزوني في مؤتمر

STV · Abdulrahman Tarabzouni

Images

STV photo

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