Emerging and High Growth Companies

Acton Capital in Knix Wear’s $53 million financing round

Acton Capital
Key Contact
Mark Longo

Vancouver Managing Partner, Vancouver

Team
Martin Smith

Associate, Emerging and High Growth Companies, Vancouver

Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

 

On May 18, 2021, Knix Wear completed a $53 million financing round led by TZP Group and including Acton Capital and supermodel Ashley Graham. Knix Wear will use the proceeds to expand into the United states, open more bricks-and-mortar stores, expand its product categories and grow its team.  

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. 

Osler, Hoskin & Harcourt LLP advised Acton Capital with a team consisting of Mark Longo, Justin Dharamdial and Martin Smith (Emerging and High Growth Companies).

Value
$53 million
Date Closed
May 18, 2021
Lead Office
Vancouver
Key Contact
Mark Longo

Vancouver Managing Partner, Vancouver

Team
Martin Smith

Associate, Emerging and High Growth Companies, Vancouver

Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto