CargoX, an autonomous delivery platform based in UAE, said it has raised $250 million from an investor group, led by BlueFive Capital. The funding is mainly aimed at supporting the expansion of CargoX’s autonomous logistics network across the UAE and international markets.
BlueFive Capital, a global alternative investment platform, has announced it has completed the acquisition of a 49% equity stake in Massar Solutions from Abu Dhabi National Energy Company (Taqa). Following the deal, Solutions+, a UAE-based consulting company, will retain the remaining 51% ownership stake.
BlueFive Capital, a global investment platform based in Abu Dhabi, has announced that its consortium has entered into a deal with luxury auto brand Porsche to acquire its entire stake in Bugatti Rimac, a joint venture set up in 2021 to serve as home to the iconic Bugatti brand.
BlueFive Capital, a global investment firm, said it has successfully closed the Onyx Fund I, a $3 billion fund registered with the Abu Dhabi Global Market (ADGM), that targets businesses at the frontier of innovation, specifically in artificial intelligence and biotechnology.
BlueFive Capital, a global investment platform with $7.4 billion in assets under management (AUM), has announced the launch of BlueFive Leasing, the Gulf region's first dedicated aircraft leasing asset management platform, based in Muscat, Oman.
Aluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has signed a strategic partnership with Shandong Innovation Group (SIG) and BlueFive Capital to optimise global aluminium supply-chain from upstream smelting to high-value downstream products.
BlueFive Capital, a global investment platform based in Abu Dhabi, has been appointed as the first General Partner (GP) for a Fund of Funds worth RMB32 billion ($4.58 billion) established by CICC Capital, the private equity arm of China International Capital Corp and Chinese steelmaker HBIS Group.
