Controlling more of the grocery supply chain
Breadfast served more than 500,000 monthly active customers and offered over 8,000 products at the announcement. Its private-label products accounted for more than 40% of grocery sales, linking its manufacturing operations with the delivery business.
Funding infrastructure and additional services
The pre-Series C brings together international institutions and existing investors. Capital will strengthen the supply chain, support expansion in Egypt and develop adjacent retail and financial services. IFC’s disclosed equity investment is part of this financing, rather than a separate round.