{"id":44487,"date":"2025-05-03T23:00:33","date_gmt":"2025-05-03T20:00:33","guid":{"rendered":"https:\/\/entarabi.com\/?p=44487"},"modified":"2025-05-03T23:21:04","modified_gmt":"2025-05-03T20:21:04","slug":"stv-launches-100m-non-dilutive-capital-fund","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2025\/05\/stv-launches-100m-non-dilutive-capital-fund\/","title":{"rendered":"STV Launches $100M Non-Dilutive Capital Fund"},"content":{"rendered":"<ul>\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"0\" data-end=\"103\"><strong>STV NICE I Fund<\/strong> Closes at $100 Million to Support the Growth of Tech Companies Without Equity Dilution.<\/li>\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"105\" data-end=\"248\">The partnership is backed by <strong>SAB Invest<\/strong> and the National Technology Development Program (NTDP) to enhance Sharia-compliant financing solutions.<\/li>\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"250\" data-end=\"332\">The fund has already invested in tech companies such as <strong>Morni, RedBox, and Invigo.<\/strong><\/li>\n<\/ul>\n<p class=\"\" dir=\"ltr\" style=\"text-align: left;\" data-start=\"289\" data-end=\"695\"><strong data-start=\"289\" data-end=\"311\"><br \/>\nRiyadh, April 2025<\/strong> \u2013 STV, the leading technology investment firm in the MENA region, has announced the final close of its first non-dilutive capital fund, <strong data-start=\"448\" data-end=\"462\">STV NICE I<\/strong>, with a total value of <strong data-start=\"486\" data-end=\"502\">$100 million<\/strong>. The fund aims to fill a major financing gap for technology startups in Saudi Arabia by offering Sharia-compliant, non-dilutive capital that enables companies to grow without giving up equity.<\/p>\n<p class=\"\" dir=\"ltr\" style=\"text-align: left;\" data-start=\"697\" data-end=\"1036\">The close of this fund follows a successful commitment from <strong data-start=\"757\" data-end=\"771\">SAB Invest<\/strong>, through its Alternative Financing Fund \u2013 a CMA-licensed private fund \u2013 in addition to contributions from several regional family offices. The fund is supported by the <strong data-start=\"940\" data-end=\"990\">National Technology Development Program (NTDP)<\/strong>, which contributed 50% of the fund\u2019s capital.<\/p>\n<p class=\"\" dir=\"ltr\" style=\"text-align: left;\" data-start=\"1038\" data-end=\"1366\">Designed as a founder-friendly alternative to traditional venture capital, <strong data-start=\"1113\" data-end=\"1127\">STV NICE I<\/strong> utilizes a unique structure called <strong data-start=\"1163\" data-end=\"1216\">Non-Dilutive Investment in Callable Equity (NICE)<\/strong>, allowing companies to access growth capital without diluting ownership, while offering investors stable returns within a Sharia-compliant framework.<\/p>\n<p class=\"\" dir=\"ltr\" style=\"text-align: left;\" data-start=\"1368\" data-end=\"1479\">The fund has already invested in prominent Saudi tech startups including <strong data-start=\"1441\" data-end=\"1450\">Morni<\/strong>, <strong data-start=\"1452\" data-end=\"1462\">RedBox<\/strong>, and <strong data-start=\"1468\" data-end=\"1478\">Invygo<\/strong>.<\/p>\n<p class=\"\" dir=\"ltr\" style=\"text-align: left;\" data-start=\"1481\" data-end=\"1844\">This initiative is aligned with the <strong data-start=\"1517\" data-end=\"1557\">Financial Sector Development Program<\/strong> and supports the <strong data-start=\"1575\" data-end=\"1605\">Capital Market Authority\u2019s<\/strong> new strategy to foster innovation through public-private financing partnerships. SAB Invest&#8217;s participation will enable a broader base of investors to engage in sustainable and scalable tech funding that generates Sharia-compliant income.<\/p>\n<p class=\"\" dir=\"ltr\" style=\"text-align: left;\" data-start=\"1846\" data-end=\"2183\">During the official launch ceremony held on April 30, 2025, several notable figures were present, including <strong data-start=\"1954\" data-end=\"1976\">Ms. Lubna Alolayan<\/strong>, Chairperson of SAB, <strong data-start=\"1998\" data-end=\"2024\">Abdulrahman Tarabzouni<\/strong>, Founder of STV, <strong data-start=\"2042\" data-end=\"2059\">Ibrahim Neyaz<\/strong>, CEO of NTDP, and <strong data-start=\"2078\" data-end=\"2095\">Ali Almansour<\/strong>, CEO of SAB Invest, alongside key stakeholders from the banking and investment sectors.<\/p>\n<p class=\"\" dir=\"ltr\" style=\"text-align: left;\" data-start=\"2185\" data-end=\"2235\"><strong data-start=\"2185\" data-end=\"2200\">Ihsan Jawad<\/strong>, General Partner at STV, stated:<\/p>\n<blockquote dir=\"ltr\" data-start=\"2236\" data-end=\"2432\">\n<p class=\"\" data-start=\"2238\" data-end=\"2432\">\u201cThis milestone marks a pivotal moment in the evolution of tech investment in the Kingdom. We are very pleased to have developed a funding instrument tailored to the needs of regional startups.\u201d<\/p>\n<\/blockquote>\n<p class=\"\" dir=\"ltr\" style=\"text-align: left;\" data-start=\"2434\" data-end=\"2478\"><strong data-start=\"2434\" data-end=\"2451\">Ibrahim Neyaz<\/strong>, CEO of NTDP, commented:<\/p>\n<blockquote dir=\"ltr\" data-start=\"2479\" data-end=\"2745\">\n<p class=\"\" data-start=\"2481\" data-end=\"2745\">\u201cOur strategic backing of non-dilutive initiatives will create a sustainable, scalable funding platform to meet the growing demands of tech startups in the Kingdom. This will accelerate their growth, support innovation, and contribute to economic diversification.\u201d<\/p>\n<\/blockquote>\n<p class=\"\" dir=\"ltr\" style=\"text-align: left;\" data-start=\"2747\" data-end=\"2814\"><strong data-start=\"2747\" data-end=\"2764\">Osama Alowedi<\/strong>, Chief Investment Officer at SAB Invest, added:<\/p>\n<blockquote dir=\"ltr\" data-start=\"2815\" data-end=\"3136\">\n<p class=\"\" style=\"text-align: left;\" data-start=\"2817\" data-end=\"3136\">\u201cOur partnership with STV, supported by NTDP, represents a new chapter of opportunity for both investors and startups. Through our Alternative Financing Fund, we\u2019re enabling clients to access Sharia-compliant income while fueling the growth of Saudi tech companies at the core of the Kingdom\u2019s economic transformation.\u201d<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>STV NICE I Fund Closes at $100 Million to Support the Growth of Tech Companies Without Equity Dilution. The partnership is backed by SAB Invest and the National Technology Development Program (NTDP) to enhance Sharia-compliant financing solutions. The fund has already invested in tech companies such as Morni, RedBox, and Invigo. Riyadh, April 2025 \u2013 [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":44485,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[1772],"tags":[8108,5679,3168],"class_list":["post-44487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startups","tag-national-technology-development-program-ntdp","tag-sab-invest","tag-stv"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/44487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=44487"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/44487\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/44485"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=44487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=44487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=44487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}