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Huha Wear Secures $20 Milli...

Updated Nov 24, 2025

Huha Wear Secures $20 Million Investment From District Ventures Capital And Export Development Canada
SOLD

Huha Wear Secures $20 Million Investment From District Ventures Capital And Export Development Canada

Building Size

—

Asset Type

—

Closing

Nov 24, 2025

About this deal

AI

Huha Wear, the Vancouver-based women’s intimate-apparel brand, has raised $20 million in a funding round led by District Ventures Capital, alongside participation from Export Development Canada. This investment aims to bolster the company's product innovation across an expanded range of intimate apparel.

Summary of transaction details:

  • Deal Type: Funding Round
  • Transaction Amount: $20,000,000
  • Company Name: Huha Wear
  • Founder: Alexa Suter
  • Headquarters: Vancouver
  • Notable Investors: District Ventures Capital, Export Development Canada

Founded in 2019 by Alexa Suter, Huha Wear is recognized for its Mineral Undies line, which features breathable, tree-derived fibers integrated with antimicrobial zinc-oxide liners. The company offers a variety of products including bras, underwear, tanks, boxers, and shorts, available in sizes 2XS-3XL, illustrating its commitment to inclusivity in women's apparel.

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Market CRE Market Snapshot

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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