What is Draper Knitting?
Draper Knitting Company is a specialized manufacturer of a diverse range of knitted fabrics, including high pile, jersey, double knits, napped fleece, and single-sided terry. The company serves multiple sectors, encompassing fashion, performance wear, industrial applications, and safety products. Their advanced manufacturing capabilities extend to high pile sliver knitting, conventional circular knitting, and nonwoven stitchbonded fabrics, enabling the production of items such as paint rollers, performance clothing liners, and air filtration filters. With over two decades of industry experience, Draper Knitting also provides end-to-end project management, from fabric production through to lamination, cutting, sewing, and packaging, offering custom fabric design via in-house CAD services to deliver efficient and cost-effective client solutions.
How much funding has Draper Knitting raised?
Draper Knitting has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in Draper Knitting
PPP
Public-Private Partnership
What's next for Draper Knitting?
The substantial enterprise-level backing, highlighted by the recent strategic investment, positions Draper Knitting for accelerated growth and innovation. This infusion of capital is expected to fuel advancements in their fabric technologies, potentially expanding their capacity to serve high-demand sectors like performance apparel and industrial filtration. The company's commitment to custom solutions and comprehensive project management, combined with this strategic financing, suggests a focus on deepening client relationships and exploring new market opportunities, solidifying its role as a key player in the specialized textile industry.
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