Middle Eastern meal startup Calo secures $25M to expand into Europe and the US.

Calo, a Middle Eastern startup offering customized ready-to-eat meals, has secured $25 million in Series B funding, led by Nuwa Capital. The funds will support the company's expansion into Europe and the US, enhancing product offerings and delivery services. Founded in 2019, Calo operates in Saudi Arabia, UAE, Kuwait, Qatar, and Bahrain, aiming for profitability and a Saudi IPO by 2027.

3 months ago
4 Articles