Food delivery service Calo scores $39 million in Series B extension as it sets eyes on the UK
Calo, a food delivery service, has secured $39 million in a Series B extension round, bolstering its expansion plans, particularly in the UK market. The company has recently acquired two meal kit companies in the UK, integrating their operations without any layoffs. This strategic move aims to strengthen Calo's presence and offerings in the UK, a key focus area for the company's growth. The additional funding will enable Calo to further invest in technology, operations, and customer acquisition as it seeks to solidify its position in the evolving food delivery landscape. The company's focus on seamless integration and maintaining its workforce during the acquisition process reflects its commitment to providing a high-quality service to its customers, even as it navigates the competitive and rapidly changing food delivery industry.
Source: For the complete article, please visit the original source link below.
