Saudi-based personalized meal platform Calo has raised $39 million in a Series B extension round, bringing its total Series B funding to $64 million, exceeding its initial $50 million target.
The round was led by AlJazira Capital, with participation from Nuwa Capital, STV, Khwarizmi Ventures, Al Faisaliah Group, and Oraseya Capital.
The new funding will fuel Calo’s international expansion, product innovation, and integration of recent acquisitions, as the company positions itself at the forefront of AI-powered food personalization.
Calo: Piloting AI-Powered “Private Chef” Experience
Calo is now testing a new service called Calo Black—an AI-powered private chef experience driven by large language models (LLMs). This feature allows users to interact with the platform conversationally, enabling it to understand dietary preferences and goals and generate personalized daily meal plans.
“We’re excited to explore how AI can influence the future of how we discover and eat healthy food,” said Ahmed Al Rawi, Co-founder and CEO of Calo. “Calo Black is our first step in delivering a smarter, more intuitive nutrition experience.”
The company also plans to introduce new product lines, including macro-personalized meals for athletes. Other new ideas are premium chef-curated menus, and an expanded clean eating range to meet growing consumer demand.
AI and Acquisitions Power Global Growth Strategy
Founded in 2019 by Al Rawi and Moayed Almoayed, Calo uses AI to tailor meals to users’ health goals, lifestyles, and preferences. The platform is embedding AI across its customer experience and backend operations to improve efficiency and scale hyper-personalization.
In line with its international ambitions, Calo recently acquired two UK-based meal subscription brands. The brands are Fresh Fitness Food and Detox Kitchen, which have now been fully integrated into its operations.
These strategic acquisitions are expected to accelerate Calo’s global footprint and bring its tech-driven meal model to new markets.
