STARTUP WATCH- Drowzy raises six-figure USD investment: Furniture and homeware startup Drowzy has secured an undisclosed six-figure USD investment from an unnamed “strategic angel investor” based in the UAE, MenaBytes reports. The Cairo-based company will use the money to expand its product range and grow its workforce, co-founder Mohamed Lotfy said.

About the firm: Drowzy partners with SME furniture manufacturers to construct furniture designed by its in-house team to be sold on its website. The company currently has a range of almost 100 products and around 300 SKUs on its platform.

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