- First investment under ADQ’s EUR 4 billion bilateral investment partnership with Greece announced earlier this year
- DisruptAD will support Blueground in achieving its target to expand to 50 cities by 2025
DisruptAD, ADQ’s venture platform, announced an investment in Blueground, a Greek PropTech company offering a turnkey housing solution for renters globally.
Founded in Athens by CEO Alex Chatzieleftheriou, Blueground is a technology platform that provides users with a simple online booking experience to access long-term rental options in quality apartments located in desirable neighborhoods. Blueground has grown rapidly since its inception in 2013, now operating in 26 cities across Europe, North America and Asia with a portfolio of approximately 9,500 apartments. By the end of 2025, Blueground aims to expand its network of apartments to 40,000 located in 50 cities.
ADQ launched DisruptAD in 2021 as its venture platform to enable entrepreneurial innovations. The platform aims to be a long-term partner by providing access to capital to early and late-stage startups, as well as support to founders through its various value creation activities that range from incubation to growth.
Established in 2018, ADQ is an Abu Dhabi-based investment and holding company with a broad portfolio of major enterprises. Its investments span key sectors of the UAE’s diversified economy including energy and utilities, food and agriculture, healthcare and life sciences, and mobility and logistics, amongst others. As a strategic partner of Abu Dhabi’s government, ADQ is committed to accelerating the transformation of the Emirate into a globally competitive and knowledge-based economy.
For more information, visit adq.ae or write to email@example.com. You can also follow ADQ on Twitter, Instagram and LinkedIn.
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