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Analysis

+2

Does CargoX's $250M bet on drone delivery in the Gulf make sense?

Jun 10, 2026

•

18 min read

Does CargoX's $250M bet on drone delivery in the Gulf make sense?

The man who rang the bell on Talabat's $10B IPO is back with a $250M warchest. We piece together what CargoX actually is, where in the delivery chain the economics genuinely work, and dig into the UAE's regulatory tailwinds.

Jamie Lane
Jamie Lane

Startups

+4

Ex-talabat chief Tomaso Rodriguez to lead $250M autonomous delivery venture CargoX

Jun 2, 2026

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2 min read

Ex-talabat chief Tomaso Rodriguez to lead $250M autonomous delivery venture CargoX

The funding round, led by Abu Dhabi's BlueFive Capital, reunites Rodriguez with the delivery sector seven months after he stepped down as talabat chief executive, and follows BlueFive's record $230m seed into the Islamic digital bank Mal in January.

Jamie Lane
Jamie Lane

Startups

+4

TruKKer secures up to $300M facility from ADCB as digital freight network unlocks institutional bank financing

May 15, 2026

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1 min read

TruKKer secures up to $300M facility from ADCB as digital freight network unlocks institutional bank financing

Founded in 2016 by Gaurav Biswas, TruKKer connects more than 60,000 transporters with over 1,200 enterprise clients across 40 countries.

Jamie Lane
Jamie Lane

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