Asset Manager

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STV

STV is the largest venture capital firm in the Middle East with $1.4b+ in assets under management (AUM), having backed digital champions including Tabby,...

STV logo

STV

STV is the largest venture capital firm in the Middle East with $1.4b+ in assets under management (AUM), having backed digital champions including Tabby, Careem, Salla, among many others.

General information

Firm type

Generalist

Year founded

2018

AUM

$1.4b+ (per firm website, 2026)

Location

Region

Middle East

Country

Saudi Arabia

City

Riyadh

Corporate office

Riyadh, Saudi Arabia

Principals

Abdulrahman Tarabzouni

Founder & CEO

Ahmad AlNaimi

General Partner

Dr. Mazin Alzaidi

General Partner

Ihsan Jawad

General Partner

Luca Barbi

General Partner & COO

Sector focus

AI/MLEnterprise SoftwareFinTech

Frequently asked questions

Who runs investment decisions at STV?

Founder and CEO Abdulrahman Tarabzouni leads the investment team, supported by four General Partners: Ahmad AlNaimi, Dr. Mazin Alzaidi, Ihsan Jawad, and Luca Barbi. Decisions appear to be made collectively at the GP level, with Tarabzouni setting firm strategy.

How does STV source proprietary deal flow?

STV leverages its Riyadh headquarters and Tarabzouni's deep ties to both the Saudi technology ecosystem and Silicon Valley. The firm's partnership with Google and corporates like T2 provides a pipeline of AI-native startups, while its brand as the region's largest venture platform attracts founders across MENA.

Is STV structured as a family office or a venture firm?

STV operates as a venture capital and growth equity asset manager, not a family office. It raises capital from external LPs, including Google, and manages pooled funds rather than a single-family balance sheet.

Does STV participate in fund commitments or only direct deals?

STV makes direct venture and growth equity investments. Public information does not indicate a fund-of-funds or LP commitment strategy; the firm's disclosed activity is exclusively direct company investments.

How is STV related to Saudi Arabia's sovereign wealth or government?

No public disclosure confirms STV is directly backed by the Public Investment Fund (PIF) or Saudi government. The firm is a Riyadh-based independent manager that has secured backing from global tech corporates like Google, though it aligns thematically with Saudi Arabia's national technology ambitions.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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