Food delivery service Calo scores $39 million in Series B extension as it sets eyes on the UK

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July 29, 2025, 11:35 AM

• •Middle Eastern food delivery startup Calo raised $39 million in a Series B extension led by AlJazira Capital.
• •Calo plans to expand into the UK, where it acquired two meal delivery services, and explore partnerships in physical spaces.
• •The company's founder, Ahmed Al Rawi, stated revenue grew by “close to 100%” and delivered over 10 million meals last year.
• •Calo aims to achieve 10x its UK revenue in the next three years and is also looking to acquire meal-kit services globally.

Calo, a Middle Eastern food delivery startup, secured a $39 million Series B extension led by AlJazira Capital, exceeding its original $25 million target. The funding will fuel expansion into the UK, where Calo acquired Fresh Fitness Food and Detox Kitchen, and other partnership opportunities. Calo's founder reported significant revenue growth and over 10 million meals delivered last year, demonstrating strong performance in the Middle East. The company plans to target 10x revenue in the UK within three years and expand through acquisitions and physical locations.

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