CargoX Secures $250 Million for Driverless Delivery Expansion
UAE autonomous logistics startup CargoX raised $250 million in funding led by BlueFive Capital. This investment will fuel the expansion of its driverless delivery network across the UAE and globally.
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DXB Start·June 3, 2026·1 min read·15 hours ago
UAE-based autonomous logistics company CargoX has successfully closed a $250 million funding round. BlueFive Capital led the investment, which positions CargoX for significant growth in the driverless delivery sector.
The capital will be used to scale CargoX's innovative driverless delivery network. The expansion is planned for both within the UAE and into international markets, indicating a strong push for global reach.
Last updated June 3, 2026