# KNØX Industries

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/knox-industries

- Industry: Financial Services
- Headquarters: Montreal, Canada
- Website: www.kn0x.io
- Total disclosed funding: $6.2M
- Latest round: Seed (Jun 20, 2018)
- Investors on record: 5

## About

Based in Canada, and founded in 2017, KNØX Industries Inc. provides digital asset custodian solution for its customers. As of 2023, the firm is headed by its CEO Alex Daskalov. In June 2018, the firm raised USD 6.2 million in Seed funding co-led by investors Initialized Capital and Inovia Capital, with participation from other investors Ferst Capital Partners, Fidelity Investments Canada ULC and FJ Labs.

The company provides custodial solutions which includes insured bitcoin key storage. Additionally, it provides the insurance coverage up to full value of the customer holdings. The firm's approach enables consumers to obtain insured custody of bitcoin by utilizing actuarial principles and correct-by-construction engineering.

## Funding rounds

- Seed, Jun 20, 2018, $6.2M — Inovia Capital, Initialized Capital, Ferst Capital Partners, FJ Labs, Fidelity Investments Canada ULC

## Investors

- Inovia Capital (https://capitalatlas.ai/funds/inovia-capital) — Seed
- Initialized Capital (https://capitalatlas.ai/funds/initialized-capital) — Seed
- Ferst Capital Partners (https://capitalatlas.ai/funds/ferst-capital-partners) — Seed
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed
- Fidelity Investments Canada ULC — Seed