Breadfast, the Egypt-based same-day delivery and consumer supply chain technology platform, has raised $50 million in a pre-Series C funding round backed by SBI Investment (Japan), IFC, EBRD, Novastar Ventures, AAIC, Olayan Financing Company (Saudi Arabia), and existing investors including Y Combinator and 4DX Ventures.
Founded in 2017, Breadfast has built an integrated operating platform that combines demand forecasting, inventory management, quality-controlled fulfilment, and optimised last-mile delivery. The company currently serves more than 500,000 monthly active customers and offers over 8,000 products across its network.
Investors highlighted Breadfast’s differentiated model, particularly its private label strategy and vertically integrated supply chain approach. The platform aims to deliver speed, quality, and affordability at scale while reducing inefficiencies such as food waste.
The International Finance Corporation described Breadfast as a technology-driven platform modernising consumer supply chains in Egypt and supporting resilient, private sector-led growth across Africa.
Breadfast’s leadership stated that the new capital will accelerate its ambition to become the “operating system for everyday life” in Egypt and beyond. The funding will support nationwide expansion, further development of supply chain infrastructure, and investment in adjacent verticals including private label production, omnichannel retail, and embedded financial services.
The raise reflects continued investor confidence in Africa’s consumer technology and logistics infrastructure space, particularly models that integrate technology, supply chain control, and private label production to improve margins and customer experience.
