STC Ventures
STC Ventures is an independently managed venture capital fund whose anchor investor is the Saudi Telecom Company
Business Model: B2B
Revenue: $26M
Employees: 2-10
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Detailed STC Ventures Information
Geographic Data
Address: Loft 2A
City: Dubai
State: dubai emirate
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Country: AE
Financial Info
Stage:
Raised Last:
$0
Raised Total:$0
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Description
STC Ventures is an independently managed venture capital fund whose anchor investor is the Saudi Telecom Company. Our goal is to empower entrepreneurs to create market leading technology businesses. We are focused on equity investments that will help to build leading companies in the information technology, telecommunications, and digital media/entertainment sectors. One of the key objectives of our fund is to support the development of innovative technology companies in the GCC, wider MENA region and Turkey, in addition to funding globally minded international companies seeking capital and access to the MENA region.
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| Announced Date | Company | Transaction | Money Raised |
|---|---|---|---|
| 9/2015 | yallacompare | Series A | 0 |
| 9/2013 | Careem | Seed Round | 1.7M |
| 11/2015 | Careem | Series C | 60M |
| 12/2014 | Careem | Series B | 10M |
| 9/2016 | yallacompare | Venture Round | 0 |
| 4/2013 | Gengo | Series B | 12M |
| 4/2015 | Gengo | Series C | 0 |
| 8/2015 | Scality | Series D | 0 |
| 5/2017 | yallacompare | Series B | 0 |
| 3/2015 | DT One | Series B | 3.5M |
| 3/2015 | Modanisa | Series A | 5.5M |
| 1/2019 | yallacompare | Series C | 0 |
| 3/2017 | Modanisa | Venture Round | - |
| 11/2016 | Modanisa | Debt Financing | 0 |
| 10/2015 | Aquto | Series B | 0 |
| 9/2013 | GlamBox ME | Seed Round | 1.4M |
| 1/2019 | yallacompare | Series C | 0 |
| 5/2017 | yallacompare | Series B | 0 |
| 3/2017 | Modanisa | Venture Round | - |
| 11/2016 | Modanisa | Debt Financing | 0 |
| 9/2016 | yallacompare | Venture Round | 0 |
| 11/2015 | Careem | Series C | 0 |
| 10/2015 | Aquto | Series B | 0 |
| 9/2015 | yallacompare | Series A | 0 |
| 8/2015 | Scality | Series D | 0 |
| 4/2015 | Gengo | Series C | 0 |
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