CargoX secures $250 million led by BlueFive Capital for driverless logistics expansion

CargoX raised $250 million from BlueFive Capital and others to expand its autonomous logistics network. The company, based in the UAE, deploys driverless delivery vehicles across multiple logistics routes. Commercial operations will start in Abu Dhabi and Dubai soon. The funding supports vehicle tech, operations and partnerships. Tomaso Rodriguez, former Talabat CEO, leads CargoX.