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One of several industries they made a decision to invest in was foodtech, plus they were in advanced phases of conversations with Calo, a Bahrain primarily based foodtech player. The group was conducting their previously accelerated homework once they received phrase that An additional investor experienced just satisfied Calo and was ready to acquire Nuwa’s spot. Promising founders like Calo’s had been difficult to arrive by and Nuwa experienced to determine quickly. The trouble was that Calo didn't, on the surface area, healthy Nuwa’s thesis. Nonetheless, it experienced the likely to only after a pivot.