38. Calo *

Total funding: $26.5 million
Personalized meal subscriptions platform
Founders: Ahmed Alrawi, Moayed Almoayed
Nationality: Bahraini
Investors: STV, Nuwa Capital, Khwarizmi Ventures, Alfaisaliah Group, Vision Ventures
Headquarters: Bahrain
Date of establishment: 2019

Calo is a direct-to-consumer foodtech startup that offers personalized meal subscription plans through nutritional algorithms. Its app automatically calculates the calories and macronutrients that users need and delivers personalized and ready-to-eat meals portioned to fit their fitness goals. Calo employs over 600 people and operates in Saudi Arabia, Bahrain, the U.A.E., and Kuwait. The startup secured a pre-Series A funding round of $13 million in November 2022.