Riyadh – Mubasher: Saudi Arabia’s venture capital firm, Saudi Technology Ventures (STV), is growing rapidly, and yearly invested capital has the potential to expand tenfold to $500 million in 2025 from $50 million in 2018.

The realization of such a growth trajectory will result in a cumulative injection of $2 billion between 2019 and 2025, according to STV’s statement on Wednesday.