Cairo-based fresh bread and groceries delivery company, Breadfast has gone on to raise a seven-figure financial bridge for their Series B. Among the investors that participated in the round were Y Combinator Founder Paul Graham, and Founder of Gmail Paul Buchheit. Other investors include Endure Capital, and Shorooq Partners among others.
For those unaware of Breadfast, they deliver daily needs of fresh bakery products that are produced daily within their production facilities every morning to customers’ doorsteps. Breadfast was founded in 2017 by Co-Founders Muhammad S. Habib, Abdullah Nofal, and Mostafa Amin, and has been growing organically ever since, delivering tens of thousands of orders per month.
To add to their investment announcement, Breadfast also announced the soft launch of their native cloud supermarket in Africa and the Middle East, called Breadfast Now. Expansion is now on the horizon in the next three years starting with Dubai, Riyadh, and Jeddah before expanding to the rest of the MEAT.
“Breadfast is on a mission to drive the emerging markets to a world-class shopping experience. Our customers have been and will always be our top priority. We think that customer experience is underestimated in emerging markets, and our goal is to build the right infrastructure using technology to reach the experience the customer deserves.” Mostafa Amin, Co-Founder, and CEO.
“We are excited and humbled to join Breadfast’s journey as we firmly believe in the Founders and their unparalleled focus on execution, user experience, and scale. We have been working closely with Breadfast to build their operations in UAE, KSA and so forth and cannot wait to dominate the region” by Shane Shin, Founding Partner at Shorooq Partners.