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Moroccan eyewear startup LNKO has secured an undisclosed equity investment from Egypt-based Beltone Venture Capital to fuel its expansion across Africa.
Founded in 2020 by Maha Bennani, LNKO offers stylish and affordable eyewear through a fully digitized value chain. The company has already served over 100,000 customers, operates 10 retail stores across Morocco, and maintains a strong online presence spanning 24 countries.
The investment from Beltone Venture Capital aligns with LNKO’s strategy to scale its operations and expand its footprint across the African continent. With this funding, the company aims to enhance its offerings and make high-quality, fashion-forward eyewear accessible to a wider audience.
Leadership Perspectives on the Investment
Maha Bennani, CEO and Founder of LNKO, expressed enthusiasm about the partnership:
“We’re thrilled to welcome Beltone Venture Capital as our partner in this next phase of growth across Africa. With their strong track record in supporting successful D2C startups, we are confident that this collaboration will accelerate our vision of making high-quality, stylish eyewear accessible to even more people across the continent.”
Ali Mokhtar, CEO of Beltone Venture Capital, highlighted the significance of the investment:
“This equity investment in LNKO marks a key milestone in our African expansion strategy. By partnering with LNKO, we’re backing a visionary company with immense growth potential. Their innovative approach to eyewear and commitment to community empowerment align perfectly with our mission to support transformative businesses across the region.”
This investment reflects the growing interest in Africa’s eyewear market and positions LNKO as a leading player in providing accessible, stylish, and high-quality eyewear solutions across the continent.
