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Luca Barbi
General Partner and COO at STV
Luca Barbi is the General Partner and Chief Operating Officer (COO) at STV, a major venture capital and private equity fund in the Middle East.12 Here are some key details about his background and role:
Professional Experience
Luca Barbi joined STV in 2019 as the COO.1 Prior to this position, he had an extensive career in consulting:
- He worked at Boston Consulting Group (BCG) for nearly 10 years, most recently as a principal.14
- His experience at BCG included working with leading digital and financial players in the Middle East region.1
Role at STV
As the COO of STV, Luca Barbi's responsibilities include:
- Focusing on organizational enablement and operational excellence.1
- Driving internal firm growth and capability building initiatives.1
- Providing proactive stakeholder engagement and governance support.1
STV (Saudi Technology Ventures)
STV, where Barbi works, is:
- The Middle East's largest venture capital fund, with over $500 million in capital.14
- Based in Dubai and Riyadh, with a focus on backing and scaling disruptive tech companies in the region.1
Personal Insights
Barbi has expressed that his objective has always been to work with organizations helping the Middle East achieve its full potential, which aligns with his role at STV.1 He also shares an interesting personal perspective, stating that he was born an introvert but believes in the ability to change one's character.3
Luca Barbi's LinkedIn profile can be found under the username luca-barbi-6b25784, as mentioned in the query.4
Highlights
STV remained the largest VC investor in Saudi technology companies throughout 2023 as we continue to double down on emerging winners of our portfolio. Several positive trends observed in our portfolio underscore the potential of the MENA ecosystem: 🔹Numerous companies grew their revenues to more than $150M compared to $10-15M at the time of our investment 🔹 Several companies have achieved attractive profitability while others are on a promising trajectory 🔹M&A is an important lever for company to scale and expand their value proposition 🔹 The GCC market offers sufficient depth for companies to achieve substantial scale in certain sectors 🔹IPO is more and more a viable exit venue as tech companies performance and potential become attractive and public market investors show strong appetite
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