Healthy Eating Made Easy
Calo, the Middle East’s leading food tech startup, today announced a significant milestone: a $25 million Series B funding round. Led by Nuwa Capital, with participation from STV, Khwarizmi Ventures, and regional family offices, this investment fuels Calo’s mission to make healthy eating accessible and enjoyable for everyone.
A Food Recipe for Success: Calo
Founded by Ahmed Alrawi and Moayed Almoayed, Calo has experienced explosive growth since its inception in 2019. The company delivers personalized meal subscriptions directly to customers across the GCC, catering to diverse dietary needs and fitness goals. With over 100% year-over-year growth in the past five years, Calo is now serving millions of meals annually and has achieved nine-figure annualized revenue. It has become a staple among the Middle Eastern internet ecosystem.
“We’re not just delivering meals; we’re delivering a healthier lifestyle,” says Ahmed Alrawi, Calo’s Founder & CEO. “This funding empowers us to further innovate, expand our reach, and ultimately become the global leader in healthy eating.”
Investing in the Future of Food
Calo plans to leverage this investment to:
- Enhance Personalization: Utilize AI and machine learning to create even more tailored meal plans that perfectly align with individual preferences and dietary restrictions.
- Expand Product Offerings: Introduce exciting new products and services to further enhance the customer experience.
- Fuel Global Growth: Explore strategic acquisitions and expand into new markets, bringing Calo’s innovative approach to a global audience.
“Calo is a true disruptor in the foodtech space,” says Khaled Talhouni, Managing Partner at Nuwa Capital. “Their commitment to customer satisfaction and their impressive growth trajectory make them a compelling investment opportunity.”
Calo and its Food vision
Calo is poised for continued success. With a strong foundation, a dedicated team, and a commitment to innovation, the company is well on its way to becoming a global leader in the healthy eating revolution.
