STV Founder And CEO Abdulrahman Tarabzouni Aims To Help Create The Next Digital Giants Of The Middle East
- Date: 09-Apr-2023
- Source: Entrepreneur Middle East
- Sector:Technology
- Country:Saudi Arabia
STV Founder And CEO Abdulrahman Tarabzouni Aims To Help Create The Next Digital Giants Of The Middle East
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STV is a venture capital(VC) firm established in 2018 in Riyadh, and it is currently the largest privately-held technology VC investment firm launched in the Middle East to date. With over US$800 million in capital, STV backs and scales the region's most exciting and disruptive technology companies, primarily focused on growth-stage technology. 19 out of STV's 29 portfolio companies, and more than two-thirds of STV's deals are inked with startups that have significant operations in Saudi Arabia.
STV believes there is a strong and increasing dichotomy between digital supply and digital demand in the MENA region; the areas where supply has yet to meet demand are referred to as "white spaces." The company then identifies these white spaces, and invests in companies that it believes will become the leaders in these segments
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