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#500 Startups

Breadfast, a Cairo-based bakery and breakfast delivery startup, announced that it has closed its seed funding round. The funding was led by the global venture 500 Startups and Averroes Ventures. Three strategic angel investors also participated in the round.Currently delivering fresh bakeries on a monthly subscription model to customers in New Cairo, Al Rehab and Madinaty neighborhoods, Breadfast plans to use the new fund in order to expand its logistics and operations to cover new areas and potentially serve 12…