TLDR:
STC Group in Saudi Arabia has launched its corporate venture capital arm, tali ventures, to support innovative startups and drive technological transformation. The group has already made investments in startups such as Nile, Rewaa, and NearPay, focusing on key areas like AI, fintech, and cyber security. The launch of tali ventures marks a significant step in STC’s commitment to empowering entrepreneurial talent and shaping the future of technology.
STC Group, a telecommunications company in Saudi Arabia, has announced the launch of its corporate venture capital arm, tali ventures, to support innovative startups and drive technological transformation.
- The group has made investments in startups such as Nile, Rewaa, and NearPay, focusing on key areas like AI, fintech, and cyber security.
- The launch of tali ventures marks a significant step in STC’s commitment to empowering entrepreneurial talent and shaping the future of technology.
tali ventures aims to support groundbreaking ventures that have the potential to revolutionize industries, providing comprehensive support from inception to growth. This initiative signifies STC Group’s ongoing efforts to foster innovation through strategic investments and collaborations with global funds.