STC Ventures

STC Ventures is a technology, telecom and digital-media focused venture fund anchored by Saudi Telecom Company (STC) and, per independent fund-tracking sources, independently managed by Iris Capital; it dates to 2012 and targets innovative technology companies across Saudi Arabia, the wider GCC, Levant, North Africa and Turkey, alongside international companies seeking MENA market access. Aggregator data (not the firm's own site, which was unreachable at the time of research) credits it with around 100 portfolio investments, including early backing of Careem Networks. Note: STC Group separately operates a newer corporate venture vehicle, reported as "Tali Ventures," launched in 2024 for AI/fintech/proptech deals — the two should not be conflated, and this entry's facts pertain to the entity known as STC Ventures.

Founded

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GCC relevance

Core GCC

How to reach out

Contact form on official website