Karma Athletics secures financing

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By Ted Liu

Karma Athletics Ltd., a Vancouver based designer and manufacturer of active lifestyle-driven apparels, has closed a new round of financing, raising $44K from 1 Chinese and 2 UK investors.

Karma Athletics is primarily funded by CEO Nasim Tyab and his family, and RRT Holdings Limited, an holding company based in Hong Kong (or used to) with contact based in Toronto.

Karma raised $371K from RRT Holdings Limited and another Hong Kong company in January 2016.

photo credit: Karma Athletics