Acton Capital

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

Client

Acton Capital

Value

$53 million

Service

Emerging and High Growth Companies

Date Closed

May 2021

Industry

Retail & Consumer Products

Lead Office

Vancouver

 

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).