On November 26, 2019, Knix Wear announced the closing of their $5.7 million financing round led by Acton Capital. The funding will be used to help drive their expansion which includes their recent entrance into the brick-and-mortar space.
Acton Capital is a growth-stage Venture Capital investor with a focus on tech-enabled business models in Europe and North America.
Knix Wear is a Toronto based start-up focusing on comfortable intimate apparel with patented technology. Knix identifies as the world leader in wire-free bras and functional underwear for women, positioning itself against typical lingerie brands.
Osler, Hoskin & Harcourt LLP advised Acton Capital with a team consisting of Mark Longo, Justin Dharamdial and Alana McElhinney (Emerging and High Growth Companies).
Key Contact
Partner, Emerging and High Growth Companies, Vancouver
Team
Partner, Emerging and High Growth Companies, Toronto
