Calo: Pioneering Personalized Nutrition and Wellness in MENA
In the last few decades, the global battle against obesity has become more daunting, with rates nearly tripling since 1975.
Saudi Arabia’s struggle is particularly pronounced, with a staggering 70% of its adult population grappling with weight issues, including over 20% facing obesity. This public health crisis is not just a matter of personal health but also a significant economic concern. A 2022 PLOS Medicine report shed light on the direct healthcare costs linked to obesity in Saudi Arabia, which reached US $3.8 billion in 2019, marking 4.3% of the nation’s total healthcare expenditures. Vision 2030’s ambitious targets to reduce obesity and diabetes prevalence highlight the urgent need for effective solutions.
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Calo
Calo is Founded in 2019 by Ahmed AlRawi and Moayed Almoayed, Calo serves personalized meal subscriptions.
STV
STV established itself in 2018 and is the largest privately-held technology VC investment firm launched in the Middle East to date.
Nuwa Capital
Nuwa Capital is a transformative investment platform that redefines the founder-capital relationship, focusing on serving founders while prioritizing transparency and engagement.