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FoodTech

Egyptian cloud kitchen operator The Food Lab raises $4.5M in pre-seed

Egypt’s first cloud kitchen services operator, The Food Lab (TFL), has secured $4.5 million in a pre-seed funding round aimed at supporting its expansion within the country, Middle Eastern and African region

Egyptian startups take 7 spots on Forbes ME’s top 50 most-funded startups in MENA

Egypt’s seven entries raised a total of $248.6 million, with the top Egyptian company in 8th place

MENAPT raises $150M VC funds in October 2021 | MAGNiTT

Investments in the MENAPT region have nearly reached $2 billion this year, with almost $150 million raised in October alone

Egyptian E-grocery platform Rabbit secures $11M in pre-seed

An on-demand ecommerce delivery company, Rabbit was launched in October 2021, promising groceries, cosmetics, electronics, and more to be delivered under 20 minutes

FoodTech delivery platform Breadfast secures $26M series A round

Breadfast expanded in 2020 with its Breadfast Coffee café chain, which currently branches in New Cairo and Madinty