Mubadala, Saudi Billionaire Family Invest in Egypt’s Breadfast

Mubadala Investment Company Invests $50 Million in Egyptian E-Grocery Startup Breadfast

The UAE’s Mubadala Investment Company made an investment in Cairo-based startup Breadfast on 17 February 2026, as the rapidly growing e-grocery and delivery platform prepares for a global Initial Public Offering (IPO). Mubadala joined a USD 50 million (EGP 2 billion) pre-Series C funding round, an advanced stage of startup financing aimed at scaling operations and preparing for larger growth milestones, alongside investors including Saudi Arabia…

Mubadala, Saudi Billionaire Family Invest in Egypt’s Breadfast

The United Arab Emirates’ $330 billion sovereign wealth fund, a Saudi billionaire family and Japan’s SBI Investment Co. have backed Egyptian startup Breadfast in its latest financing round, as the e-commerce company considers expanding into other African countries.

Lubna and Hutham Olayan back Egypt’s Breadfast $50M round

Two of Saudi Arabia’s most influential business figures, sisters Lubna and Hutham Olayan, have backed Egyptian grocery and essentials delivery startup Breadfast in a new funding round alongside Abu Dhabi’s Mubadala Investment Company, a deal that underscores the growing pull of Africa’s consumer logistics market.The investment, made through the Olayan family’s holding interests, is part of a $50 million pre Series C raise, according to people fa…

Egypt: Breadfast raises $50mln pre-Series C round

The company is targeting up to 3% of Egypt’s estimated $100 billion grocery market within three years

Egypt's Breadfast Raises USD 50 M Pre-Series C To Expand Online Grocery Platform

Egyptian online grocery platform Breadfast has raised USD 50 M in a pre-Series C round as it prepares for a larger Series C in 2026 and eyes expansion into North and West Africa. The round drew backing from Mubadala Investment Company, International Finance Corporation, Olayan Financing Company, alongside Y Combinator, Novastar Ventures, 4DX Ventures, European Bank for Reconstruction and Development, and others. Founded in 2017 by Mostafa Amin, …

Mubadala and Olayan back Egyptian startup Breadfast

Abu Dhabi wealth fund Mubadala Investment Company and Saudi Arabia’s Olayan Financing Company are reportedly among the investors backing Egyptian delivery startup Breadfast in its latest funding round. Breadfast secured $50 million in a pre-series C round and plans to pursue a larger funding round in the first half of 2026, co-founder and CEO Mostafa Amin told Bloomberg. Olayan Financing Company is the investment arm of the Olayan family. Other …