Drowzy, STEP 2020 Startup, raises a 6 figure seed investment

July 24, 2020 by STEP Conference

Drowzy, Furniture & Home accessories e-commerce startup, secured a six-figure seed investment. The round was led by strategic angel investors in the UAE, whom they met at STEP 2020 Dubai!

The financing will be used to accelerate the growth, widen the catalogue of products & disrupt the global market.

“We’ve been studying the furniture scene for some time in Egypt, regionally & globally, and we believe that there is an obvious gap in fixed, fast & practical home products. We started in Egypt 3 years ago & now we believe that this partnership will add value & ease the way into different markets”, said Alaa Khalil, CEO of Drowzy.

“Drowzy” is an Egyptian e-commerce startup specialized in furniture & home accessories founded in 2017, by 2 architects. The brand offers a wide range of trendy, practical & affordable good quality designed products.

“Drowzy helps designers all over the world, monetize their designs, while helping the small/medium-sized workshops & mini-factories increase their revenues significantly & grow”, said Mohamed Lotfy, CDO of Drowzy.

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