Ivorian D2C Startup Lapaire Raises USD 2.9 M

AfricInvest and Proparco have approved financing for Lapaire Glasses SA, an optical retail chain providing affordable eyewear in West and East Africa. Founded in 2018 by Jérôme Lapaire, Lapaire focuses on delivering a customer-centric eyecare experience by offering quality, stylish glasses at fair prices.

AfricInvest will provide USD 2.5 M, while Proparco, through its Bridge by Digital Africa facility, will contribute USD 488 K. The funding will help Lapaire expand its coverage in existing markets and extend its network into Senegal, the Democratic Republic of Congo, and Tanzania.

Earlier this year, Lapaire also raised USD 3 M in an equity round to support its growth and mission to improve access to affordable optical care across the continent.