# STV: portfolio, investments and team > STV is a vc firm based in Saudi Arabia. 4 investments on record, latest Aug 2025. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/stv (Millionrounds; every figure on the page links to its filing or article) Saudi Arabia · [Investor](https://millionrounds.com/investors) # STV Last cheque observed Aug 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email VC firm Quiet Last fund $2.8M, Feb 2019 Seed Series A Series B AI Digital Follow STV and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fstv) Cheques on record **0%** of best year **0** **cheques in 12 months**, 4 on record Since the last cheque **461** days **00** hrs **00** min **00** sec Median round **$55M** Rounds led **0 of 4** Exits **1 from the portfolio** Pitch STV ## STV highlights - 01 4 rounds on record - 02 Mostly Series B and Series F: 100% of its rounds - 03 1 exits from the portfolio ## What they do > STV is the largest venture capital firm in the Middle East with $1.4b+ in assets under management (AUM) From their own website - **Type:** VC firm - **Cheque size:** Not stated - **Stages:** Seed Series A Series B Growth - **Sectors:** AI Digital - **Based in:** Riyadh, Saudi Arabia - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **4 appearances** - **2025** 3 rounds - **Aug** **[Gathern](https://millionrounds.com/company/gathern)** Series B · MENAbytes **$72M** With 5 others - **Jul** **[Calo](https://millionrounds.com/company/calo)** Series B · SA · TechCrunch **$39M** With 5 others - **Jan** **[Calo](https://millionrounds.com/company/calo)** SA · TechCrunch **$25M** With 2 others - **2018** 1 round - **Oct** **[Careem](https://millionrounds.com/company/careem)** Series F · AE · Reuters **$200M** With 4 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team We hold **18** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## Exits from the portfolio Companies it backed that were later bought or listed **1 in all** **[Careem](https://millionrounds.com/company/careem)** Bought by Uber **$3.1B** Mar 2019 An exit counts when it came after the firm's first round in the company. From historical deal records. Latest fund on file **$2.8M** raised in Feb 2019 From its SEC filing. Nothing newer is on file yet. ## The cheque Seed Series A Series B Median round joined **$55M** the round, not its cheque Led 0 of 4 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** Aug 2025 - **Exits:** 1 from the portfolio Rounds by stage said on their site - Series B said *2* - Series F *1* - Seed said *-* - Series A said *-* - Growth said *-* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [Nuwa Capital](https://millionrounds.com/fund/nuwa-capital) 3 - [500 Global](https://millionrounds.com/fund/500-startups) 2 - [Khwarizmi Ventures](https://millionrounds.com/fund/khwarizmi-ventures) 2 **Pitching STV?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as STV. A count of rooms they were both in, not a relationship either has claimed. [**Nuwa Capital** VC firm **3** rounds together](https://millionrounds.com/fund/nuwa-capital)[**500 Global** Angel **2** rounds together](https://millionrounds.com/fund/500-startups)[**Khwarizmi Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/khwarizmi-ventures) ## Recently backed The latest companies STV put money into. [**Gathern** $72M · Aug 2025](https://millionrounds.com/company/gathern)[**Calo** $39M · Jul 2025](https://millionrounds.com/company/calo) ## Quick answers about STV ### What does STV invest in? STV invests most often at Series B and Series F (100% of the rounds on record), in sectors such as AI and Digital. ### How active is STV? 4 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2025. ### What has STV invested in recently? Its most recent investments on record: Gathern (Series B, Aug 2025), Calo (Series B, Jul 2025) and Careem (Series F, Oct 2018). ### How big are STV's cheques? The median round it joins is $55M. ### Is STV investing now? No investments in the last 12 months; the latest was in Aug 2025. ### Who does STV invest alongside? Most often Nuwa Capital (3 rounds together), 500 Global (2 rounds together) and Khwarizmi Ventures (2 rounds together). ### What kind of investor is STV? STV is a VC firm based in Riyadh, Saudi Arabia. ### Has STV raised a new fund? Its latest fund filing with the SEC was in Feb 2019, reporting $2.8M raised. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=stv) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=stv)