‘Blue Opal Capital collaborates with Mubadala for 2nd venture capital fund’

Abu Dhabi: Mubadala Investment Company has announced a strategic alliance with Blue Opal Capital, a US-based fund-of-funds venture capital company. Under this partnership, Mubadala will become a key investor in Blue Opal Capital’s second venture capital fund.

Blue Opal Capital recently introduced a Fund-of-Fund platform focused on identifying and investing in exceptional entrepreneurial venture capitalists, with a particular emphasis on opportunities within the United States.

Faris al Mazrui, Head of Growth Investments at Mubadala, expressed excitement about supporting the Blue Opal Capital team, led by Ahmed Al Mosa, Sebastien de Jong, and Federico Jost. Al Mazrui highlighted the team’s strong track record in identifying top-tier VC firms and expressed confidence in the partnership’s potential to nurture the next generation of VC managers in the US.

Ahmed Al Mosa, Partner at Blue Opal Capital, also commented on the partnership, emphasizing the shared commitment to innovation and strategic growth. With over two decades of experience in the VC ecosystem, the Blue Opal Capital team is well-equipped to fulfill its mission of driving value and innovation in the industry.

Blue Opal Capital specializes in investing in emerging venture capital funds and co-investment opportunities to maximize returns for partners. The team’s extensive network in the venture ecosystem has enabled them to identify top-performing venture capital managers early on.

This collaboration between Mubadala and Blue Opal Capital aligns with both companies’ vision for the future and underscores their dedication to driving innovation and value in the venture capital sector.