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
Egypt’s seven entries raised a total of $248.6 million, with the top Egyptian company in 8th place
Investments in the MENAPT region have nearly reached $2 billion this year, with almost $150 million raised in October alone
An on-demand ecommerce delivery company, Rabbit was launched in October 2021, promising groceries, cosmetics, electronics, and more to be delivered under 20 minutes
Breadfast expanded in 2020 with its Breadfast Coffee café chain, which currently branches in New Cairo and Madinty
