Huha Wear Secures $20 Million Investment From District Ventures Capital And Export Development Canada
Building Size
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Asset Type
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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.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
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