Bahrain’s Calo raises $13M Pre-Series A | MAGNiTT
Summary
Calos most recent funding round also included the participation of Khwarizmi Ventures, Al Faisaliah Group, AlRajhi Family Office, and other investors. This year, a Mega Deal ($100M+) recorded by cryptocurrency platform Rain put the ecosystem on the VC map as Bahrain made it to the list of top geographies of MENA. Browse our latest and pick your data focusCalo serves personalized meal subscriptions, catered towards fitness or lifestyle goals. Nitin Reen, partner at Nuwa Capital, said, The team at Calo has mastered the ability to hone the fundamentals while continuing to innovate within the realm of FoodTech. We are very excited to partner with Calo in their next chapter of growth and have every confidence that the team will continue to succeed.The new funds will be used to double down on the GCC market, serve new categories, and explore opportunities for regional and international expansion.