Announced

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Aljazira Capital led a $64m Series B round in Calo.

Synopsis

Aljazira Capital, a closed joint stock company, led a $64m Series B round in Calo, a meal plan provider, with participation from Nuwa Capital, STV, Khwarizmi Ventures, and Al Faisaliah Group. "Those numbers, along with its brand, technology, and operational excellence, convinced Aljazira Capital to invest in the Saudi company. Calo represents a compelling opportunity at the intersection of healthtech, foodtech, and consumer subscription models,” Rawan AlRasheed, Aljazira Capital Director.

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