Kamereo

The Ho Chi Minh City-based company is the country’s first business-to-business (B2B) food platform to use technology to optimize sourcing and purchasing in the F&B industry.

The platform connects buyers to farmers, allowing each to speed up the lengthy process of delivering fruit and veg supplies to the kitchen.

The company has grown by 15 percent every month in the last 12 months despite mobility restrictions and the temporary closure of some businesses. Kamereo attributes its rapid success to the surging local F&B industry which has shown a steady compound annual growth rate of 10+ percent, as well as segment players’ growing discernment on sustainably and ethically sourced goods, and the country’s overall positive management of the coronavirus pandemic.

Kamereo raised 500 million yen (about $4.5 million) in a Series A round in July 2021. Participating investors in this round were CPF Group (the food distribution arm of the Thai business conglomerate Charoen Pokphand), Singapore-based Quest Ventures, Tokyo-based Genesia Ventures, and several unnamed individual investors. Genesia Ventures follows Kamereo’s previous round back in January 2019.

In March 2024, Kamereo raised $2.1 million in Pre-Series B funding. The round was co-led by Reazon Holdings, Inc., Quest Ventures, and Thoru Yamamoto, Chief Executive Officer of FOODISON, a B2B seafood supply chain company listed in Japan.

In November 2024, Kamereo successfully raised $2.8 million in a Series B funding round, led by Japan's Sumitomo Corporation.