Fund vehicle

STV Emerging Technology & AI Fund

Compiled from public sources

STV Emerging Tech & AI Fund is a USD 100 million venture capital fund launched in May 2025 by Saudi Technology Ventures (STV). The fund invests in early-stage, AI-native, application-layer artificial intelligence startups operating across Saudi Arabia and the Middle East and North Africa (MENA) region. Backed by anchor commitments from Google, Saudi Awwal Bank (SAB), Arcapita, regional quasi-sovereign entities, and endowments, the vehicle targets pre-seed, seed, and Series A funding rounds. The fund prioritises application-layer AI software, localised Arabic AI models, and supporting digital infrastructure, with early investments.

Manager

Saudi Technology Ventures

Vintage

2025

Strategy

Venture Capital

Target size

$100m

Status

Active