YC Adopts Egypt-Based Breadfast Startup

Y Combinator (YC) accelerator program has adopted Egypt-based fresh bread and other breakfast commodities application Breadfast, according to MENAbytes. Team members and co-founders of the company will transfer to California, USA to partake in the program. The program will be introduced at YC’s Summer 2019 class.

The startup told MENAbytes that it has raised seven-figure US Dollars Series A.

Mohamed El Sewedy, an Egyptian Businessman and Chief Operating Officer of El Sewedy Electric, has contributed to financing the program.

In November 2017, 500 Startups Co. and Egypt-based Averroes Ventures have financed the program.

The startup was founded in 2017 by Mostafa Amin, Muhammad Habib and Abdallah Nofal. The three Egyptian guys have previously founded and led different other startups. Breadfast hands over fresh bread and other breakfast products to clients at their doorstep every morning.

The clients can directly make an order on Breadfast’s website or mobile apps by 10 pm every day. The emerging company bakes on constantly over night and hands it to clients the next morning between 5 am to 11 am.

The company was launched in April 2017. It is serving fourteen large districts in Cairo, with thousands of clients receiving their bread, milk, eggs, and many other products.

Breadfast is one of the very few emerging companies from the MENA region to become a part of Y Combinator.

Tenderd, the UAE-based heavy equipment rental marketplace that recently raised $5.8 million seed is most recent YC graduate (Summer 2018) from the region.

Among of the most remarkable graduates of YC include Stripe, Dropbox, Airbnb, Instacart, and DoorDash.

“We’re very excited to be a part of YC,” said Mostafa Amin, the co-founder and CEO of Breadfast.

“Our team is ready to learn and grow with Breadfast among the top world class startups and mentors,” Mostafa added.

“Breadfast is one of the few startups from the MENA region that got adopted by the YC. Here’s to hoping that many other startups from Middle East & Africa join YC in the coming years.”

By: Mohamed Emad