Morni Secures Investment from STV

Morni, a Saudi Arabia-based company focusing on the automotive sector, has secured an investment from STV.

More to Know:

  • Morni is a mobility platform specializes in providing services to the automotive sector.
  • Its offerings include roadside assistance, vehicle auctions, insurance third-party administration, and a nationwide network of garages and spare parts dismantling facilities.
  • The investment came through STV’s newly launched $100 million NICE Fund.
  • Morni was founded by Salman AlSuhaibaney in 2015.


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