Knitwear Lab: Innovative knitwear solutions

Knitwear Lab specializes in innovative knitwear design and production. They offer services in research and development, design, virtual knitting, and production. Their focus is on sustainable and high-quality knitwear solutions, leveraging advanced technology and materials.

The challenge

Question of the client

Knitwear Lab collaborates with fashion, footwear, and technical textile industries to create bespoke knitwear products. Additionally, they provide educational courses on industrial knitwear techniques.

We were asked to provide financial advice to Knitwear Lab, a developer of smart technological applications for knitwear.

Financial Advisory

What we did

Part of this advice was the creation of a financial model. We also supported the application of a EUR 400k subsidy named HORIZON proof of concept.

The result

Together with Knitwear we managed to receive the subsidy we applied for. On top of that, as we strongly believe in the innovative solutions provided by Knitwear Lab, we also decided to invest in the organization ourselves as we recognized Knitwear Lab’s potential to revolutionize the industry.