TLDR:
- Stc Group unveils “tali ventures” as their Corporate Venture Capital arm, collaborating with global funds Sanabil and Prosperity7.
- Focusing on AI, fintech, cybersecurity, and more, tali ventures supports groundbreaking ventures to revolutionize industries.
Stc Group has announced the launch of their Corporate Venture Capital Arm, tali ventures, aimed at empowering startups in various sectors including AI, fintech, and cybersecurity. The group has already made significant investments in startups such as Nile, Rewaa, and NearPay, showcasing their dedication to technological transformation. By collaborating with global funds like Sanabil and Prosperity7, tali ventures aims to shape the future of technology and unlock unparalleled opportunities in the industry.
The launch of tali ventures is part of stc Group’s efforts to foster innovation through strategic investments, following initiatives like the InspireU program which supports over 100 startups. With a comprehensive suite of services encompassing digital infrastructure, cloud computing, cybersecurity, and more, stc Group continues to play a key role in the digitization process. Through their subsidiaries across various regions, the group is committed to driving economic diversification and growth in line with their DARE strategy.
Overall, tali ventures marks a pivotal moment in stc Group’s journey to empower entrepreneurial talent and advance groundbreaking initiatives, positioning them as a leading force in nurturing innovation and technological advancement.
