BlueFive Capital closes founding round at $120mn valuation

user icon
GHADA.ISMAIL
calender icon
Jul 8, 2025
article image

Dubai – Sharikat Mubasher: BlueFive Capital, a newly formed GCC-based investment platform with a global outlook, successfully closed its Founding Shareholders Circle round at a $120 million valuation. The oversubscribed round was finalized in under six months, reflecting strong investor confidence in the firm’s strategy and leadership.

According to a recent press release, the round drew participation from 25 institutions and family offices, including major GCC royal and merchant families as well as prominent financial figures from North America, Europe, and Asia. Due to high demand, the offering was expanded to include additional investors.

Launched in late 2024, BlueFive Capital already oversees more than $650 million in assets under management. The firm operates with a 27-member team across global hubs including London, Singapore, Riyadh, and Beijing.

Hazem Ben-Gacem, Founder and Chief Executive of BlueFive Capital, commented: “This overwhelming confidence from 25 blue-chip shareholders validates our team’s expertise and our strategy to disrupt the value chain in high-growth financial markets. The GCC is our launchpad, but our vision is hemispheric: connecting institutional-grade platforms to underserved capital markets driving the next wave of global prosperity."

Founded by Hazem Ben-Gacem, the former co-CEO of Investcorp, BlueFive aims to reshape access to capital across fast-growing markets. Its board is chaired by Sheikh Mohamed Bin Isa Al Khalifa, with Lord Gerry Grimstone and Sheikh Mubarak Al-Sabah serving as vice chairs.


Share

Related News

BlueFive Capital closes founding round at $120mn valuation
News
Calendar Icon
July 8, 2025
BlueFive Capital closes founding round at $120mn valuation
Read More
Rekaz raises $5mn seed round to expand, enhance AI capabilities
News
Calendar Icon
July 8, 2025
Rekaz raises $5mn seed round to expand, enhance AI capabilities
Read More
Huspy closes $59mn series B round to expand in Europe, Middle East
News
Calendar Icon
July 8, 2025
Huspy closes $59mn series B round to expand in Europe, Middle East
Read More
Saudi Arabia’s Startup Scene Hits New Heights: Ninja Joins the Unicorn Club
News
Calendar Icon
July 7, 2025
Saudi Arabia’s Startup Scene Hits New Heights: Ninja Joins the Unicorn Club
Read More
TruKKer secures SAR 55 mn private credit facility from Ruya Partners
News
Calendar Icon
July 6, 2025
TruKKer secures SAR 55 mn private credit facility from Ruya Partners
Read More
QIA co-leads $250mn funding round for Kardium Inc
News
Calendar Icon
July 2, 2025
QIA co-leads $250mn funding round for Kardium Inc
Read More
Riyadh-based Flawless raises $1.5mn pre-seed round
News
Calendar Icon
July 1, 2025
Riyadh-based Flawless raises $1.5mn pre-seed round
Read More
PetroApp secures $50mn to fuel expansions, prepare for potential IPO
News
Calendar Icon
July 1, 2025
PetroApp secures $50mn to fuel expansions, prepare for potential IPO
Read More
Saudi MSMEs receive SAR 383 bn credit facilities in Q1-25
News
Calendar Icon
June 30, 2025
Saudi MSMEs receive SAR 383 bn credit facilities in Q1-25
Read More
Saudi Impact 46 backs $5mn round for Spekter Games
News
Calendar Icon
June 29, 2025
Saudi Impact 46 backs $5mn round for Spekter Games
Read More