#STV

Investcorp leads Salla’s pre-IPO funding round

Bahrain’s Investcorp leads Salla’s $130m pre-IPO funding round

The fundraising had the participation of Sanabil Investment, a unit of Public Investment Fund, venture capital firm STV, and Salla’s existing shareholders

Different Arab money

Saudi VC firm STV looking to raise $1bn for Middle East tech fund

Interest in the technology industry in the Middle East has increased the past few years

Saudi education platform raises more funds as schools go online

Noon Academy currently operates in Saudi Arabia, Egypt, India and Pakistan, and plans to open a hub in London