Vietnamese food-sourcing firm raises $2.1m after hitting profitability in 2023

Tech in Asia

Kamereo, a B2B food-sourcing platform, has raised US$2.1 million as it aims to secure market leadership in its home country of Vietnam.

The fresh funds were raised in a pre-series B round, led by Japan-based Reazon Holdings and Thoru Yamamoto, who is the CEO of Tokyo-listed B2B firm Foodison. China-based VC firm Quest Ventures also participated in the funding round.

Since its inception in July 2019, Kamereo has aimed for profitability. It achieved the feat in early 2023, its CEO and founder Taku Tanaka told Tech in Asia.

“This improvement stems from various kaizens, or continuous improvements in Japanese, undertaken daily by our team,” he added. These include doubling down on direct purchases from producers and enhancing the firm’s operational capacity.

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