Morocco: Beltone Venture Capital backs eyewear company
Egypt-based Beltone Venture Capital has announced an equity investment in Morocco’s LNKO.
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Egypt-based Beltone Venture Capital has announced an equity investment in Morocco’s LNKO, an omni-channel direct-to-consumer (D2C) eyewear startup.
LNKO has over 100,000 customers, 10 points of sale in Morocco, and an online presence across 24 countries.
Ali Mokhtar, CEO of Beltone Venture Capital, remarked, “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.”
Maha Bennani, CEO and founder of LNKO, added, “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.”
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