What is Adele Knits?
Founded in 1970 and headquartered in Winston-Salem, NC, Adele Knits stands as a premier manufacturer of high-quality circular knit products. The company operates a vertically integrated model, overseeing the entire production lifecycle to guarantee superior quality and service. Adele Knits specializes in developing innovative, high-performance fabrics tailored for demanding applications within the automotive industry, as well as for industrial and sports markets. Leveraging a state-of-the-art facility and advanced manufacturing technologies, the company is committed to delivering excellence and rapid fulfillment, consistently pushing the envelope in fabric innovation to meet evolving client requirements.
How much funding has Adele Knits raised?
Adele Knits has raised a total of $1.4M across 2 funding rounds:
Debt
$350K
Debt
$1M
Debt (2020): $350K with participation from PPP
Debt (2021): $1M led by PPP
What's next for Adele Knits?
The recent major strategic investment signals a pivotal moment for Adele Knits, likely enabling further expansion of its manufacturing capabilities and technological advancements. This capital infusion is expected to bolster its capacity to serve the automotive sector and broaden its reach in industrial and sports fabric applications. Adele Knits is poised to capitalize on its established reputation for quality and innovation, potentially exploring new market segments and enhancing its product development pipeline to maintain its competitive edge in the dynamic textile industry.
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