Saudi Arabia · 
Who invested in Calo?
Calo's investors include Nuwa Capital, Khwarizmi Ventures, STV, Aljazira Capital and 500 Global, and 1 more on record. Aljazira Capital led its latest round.
20252026
$25MRound$39MSeries B
Saudi Arabia · Series B startup
Who invested in Calo
2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.
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Funding summaryUpdated 5 Nov 2026
$64Mraised across 2 rounds since 2025, from 3 sources
$25MRound$39MSeries B
- Latest round
- Series B, $39MJul 2025
- Led by
- Aljazira Capital
- Step-upi
- 1.6×
- Investors
- 6 (2 led)
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Round, $25M Jan 2025
- Biggest round
- $39M Series B · Jul 2025
- Between rounds
- 7 months from the last two
The rounds
- Jul 2025Series B$39M3 new3 returning
Reported by TechCrunch
- Jan 2025
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Round2025Series B2025
Nuwa CapitalL
Khwarizmi Ventures
STVAljazira CapitalL
500 Global
Al Faisaliah Ventures
Nuwa CapitalLKhwarizmi VenturesSTVAljazira CapitalL500 GlobalAl Faisaliah VenturesEveryone who backed them
Aljazira CapitalWealth manager1round, led 1
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 2 firms list Calo as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Calo
How much has Calo raised?
Calo has raised $64M across 2 rounds since 2025.
When did Calo last raise?
Calo's most recent round was a Series B of $39M in Jul 2025, led by Aljazira Capital.
What was Calo's biggest round?
Its most recent round, $39M in Jul 2025, is also its largest on record.
Who backed Calo first?
Calo's first round on record, in Jan 2025, was backed by Nuwa Capital, Khwarizmi Ventures and STV.
What stage is Calo at?
Calo's latest named round is a Series B, in Jul 2025.
Where is Calo based?
Calo is based in Saudi Arabia.
Who led Calo's rounds?
Nuwa Capital led the Undisclosed round in 2025; Aljazira Capital led the Series B in 2025.
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