Egypt’s Breadfast Raises $50m Ahead of Series C and IPO Plans

Breadfast has raised $50 million in a pre-Series C round as the Egyptian e-commerce platform prepares for expansion and a larger fundraising in 2026. The round included Mubadala Investment Co., Olayan Financing Company, SBI Investment Co., a Saudi family office and other institutional investors. The funding will be used to expand infrastructure, scale logistics and explore entry into new African markets.

Founded in 2017 by Mostafa Amin, Muhammad Habib and Abdallah Nofal, Breadfast began as a bread…