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stc group's colab unit to build and scale ventures at LEAP 2026
stc group's new colab arm will build and scale digital ventures at LEAP 2026, adding to InspireU's 150 accelerated startups and Tali's strategic investments.
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stc group, Saudi Arabia's leading digital enabler, launched colab, a dedicated corporate venture-building arm, at LEAP 2026 in Riyadh on Wednesday. The unit will identify and build new digital ventures, then scale them using the group's market reach and digital infrastructure.
Motaz Alangari, stc group's chief investment officer, said in a statement that the group had built "a strong foundation across the venture spectrum, from venture investments, acceleration, and now venture building." He said the integrated model lets stc invest in innovation and systematically create and scale new businesses.
colab will pursue emerging opportunities and test new technologies. Validated ideas become scalable businesses. stc group describes the unit as a dedicated capability to systematically identify and build new digital ventures, then scale them.
The unit joins two existing platforms. InspireU, the group's startup accelerator, has supported more than 150 startups and connects entrepreneurs with market access. Tali Ventures invests in high-growth technology companies. Unlike those arms, which back external companies, colab will build businesses that stc operates.