Last mentioned: Feb 18, 2026
Pre-Series C Round
Raised $50 million from Mubadala, Olayan, and international institutional investors.
Growth Target
Targeting 3% market share of Egypt's grocery sector and regional expansion into West Africa.
Expansion
Transitioned into a full e-grocery platform and expanded product categories to include meds and payments.
Founding
Breadfast launched by Mostafa Amin, Mohamed Habib, and Abdullah Noufal as a bread delivery service.
Cairo-based e-grocery platform Breadfast has secured $50 million in pre-Series C funding from a high-profile consortium including Mubadala and Saudi Arabia's Olayan. The capital injection is earmarked for infrastructure expansion and regional growth as the company eyes a future global IPO.
Egyptian e-grocery and delivery platform Breadfast has secured $50 million in pre-Series C funding from a high-profile consortium led by UAE’s Mubadala and Saudi Arabia’s Olayan. The capital injection is earmarked for infrastructure expansion and regional growth as the company prepares for a potential global IPO.