Personalised meal subscription startup Calo has closed a £30.4m Series B extension round, bringing its total Series B raise to nearly £50m.
The Bahrain-founded FoodTech company, which operates in the UK and across the Middle East, is using data and AI to deliver customised nutrition at scale and has now attracted investment from Saudi-based AlJazira Capital, which led the latest tranche.
The fresh capital will be used to further grow its UK presence, accelerate AI integration, support international expansion and launch new products
Calo delivered over 10m meals across the GCC last year and claims to be the world’s fastest-growing meal subscription service, reporting a nine-figure annualised revenue.
The business has seen over 50 per cent year-on-year growth in the first half of 2025, driven by strong performance in all markets.
It has offices in London, Riyadh, Bahrain and Dubai and has over 5,000 customers on its waitlist.
“We are humbled by the tremendous interest we’ve seen from both existing and new investors to double down on Calo,” said Calo CEO and co-founder, Ahmed Al Rawi.
“We’re living in an interesting time where AI is transforming our lives, and we’re excited to be investing in cutting-edge innovation to explore how Calo can use AI to influence the future of how we discover and eat healthy food.
“Being vertically integrated with the mission of ‘making healthy easy’ gives us an edge to develop and scale world-class experiences not just regionally, but also globally.”
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Caspar Rose, general manager UK, Calo, added: “Calo is defining a new category in the prepared meal space, combining personalisation, convenience, and technology in a way that sets a new benchmark.
“This investment accelerates our ability to scale rapidly, harness AI to enhance the customer experience, and bring the best of British produce to more people than ever before.
“Our mission is to make the nation healthier by making healthy easy, for everyone.”
The business has also bolstered its executive team with the appointments of Caroline Hazlehurst as COO, bringing experience from leadership roles at Deliveroo, Bird and Moove.
John Noja, formerly general manager of quick commerce at Talabat, is another figure to have been hired by the firm, having been named chief of staff.
Calo has over 10 physical sites across the GCC, including hospital-based outlets, with new openings planned every quarter. It has also localised operations, appointing general managers in each market to enhance customer understanding and execution on the ground.
The company’s product line is expanding rapidly, with recent launches including macro-personalised plans for athletes, an expanded clean eating range and a move towards on-demand delivery.
It is piloting Calo Black – an AI-powered private chef experience that uses large language models (LLMs) to create daily meal plans based on natural conversations with users.