Tech Company Financing Transactions
Calo Funding Round
Calo, based in Riyadh, secured $25 million in funding from Nuwa Capital, Khwarizmi Ventures and STV Group.
Transaction Overview
Company Name
Announced On
12/30/2024
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
Undisclosed
Riyadh, Undisclosed
Saudi Arabia
Riyadh, Undisclosed
Saudi Arabia
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Calo is an app providing personalized meal plans for busy people through nutritional algorithms, built with love by chefs, nutritionists, and software engineers. Born in Bahrain in 2019, Calo has since grown to different countries and has cooked and delivered millions of nutritious meals.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Ahmed Al Rawi
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Our team works diligently to report on every notable VC transaction. All VC database entries reported here come from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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