Acton Capital

Acton Capital in Knix Wear's $5.7 million financing round

Client

Acton Capital

Value

$5.7 million

Service

Emerging and High Growth Companies

Date Closed

November 2019

Industry

Venture Capital

Lead Office

Vancouver


 

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).


Team
Mark Longo - Technology Lawyer
Key Contact

Mark Longo

Partner, Emerging and High Growth Companies

Justin Dharamdial

Justin Dharamdial

Associate, Emerging and High Growth Companies

Alana McElhinney

Alana McElhinney

Associate, Emerging and High Growth Companies