Jordan’s Entrepreneurship Fund Invests $5M in Saudi STV to Build AI Corridor

Jordan’s government-backed Entrepreneurship Fund has invested $5 million in Saudi venture capital firm STV to bolster artificial intelligence startups and forge a strategic “AI corridor” linking Jordan and Saudi Arabia. The partnership, announced on July 11, 2026, targets generative and applied AI companies that deliver innovative software and operational solutions for institutions across the Middle East and North Africa. STV will leverage its Google-backed AI Fund expertise, investor network, and practical support to accelerate Jordanian founders’ growth while expanding its regional investment footprint. This collaboration strengthens cross-border tech cooperation and positions Jordan as a key hub for AI innovation in the MENA region.