Founded in 2017, Breadfast began as a fresh bread delivery service and has evolved into a full-stack online grocery platform offering groceries, ready meals, pharmaceuticals, and even fintech services such as prepaid and payment solutions. The company controls the entire value chain—from sourcing and production to fulfillment and last-mile delivery—allowing it to protect margins and maintain consistent service quality. Roughly 40% of grocery sales come from its private-label products, underscoring a strategy to boost profitability. Breadfast aims to capture up to 3% of Egypt’s USD 100 billion grocery market within three years while targeting young, urban consumers who value speed and convenience. Management is also studying expansion into North and West Africa to replicate its model in similar demographic markets. Looking ahead, Breadfast plans a larger Series C in 1H 2026 and ultimately a global IPO. The new funding strengthens its infrastructure and operational capacity needed for this regional push and long-term listing ambition.

Total raised

$86M

Funding rounds

5

Latest round

Series C

Latest activity

Feb 2026