Lithuanian knitwear startup “The Knotty Ones” has recently secured €250K in funding from a group of female investors, propelling the company towards its goal of global expansion. This significant investment will enable the brand to further establish its presence in international markets and continue its mission of promoting sustainable and ethical fashion.
Founded in 2017 by three friends, Akvile Su, Gabriele Dambrauskaite, and Julia Vysotska, The Knotty Ones has quickly gained recognition for its high-quality knitwear products and commitment to social and environmental responsibility. The brand focuses on creating timeless and versatile pieces that are handmade by skilled Lithuanian artisans using locally sourced materials.
The decision to seek funding from female investors aligns perfectly with the company’s values. The founders believe in empowering women and creating opportunities for them in the fashion industry. By partnering with female investors, The Knotty Ones aims to foster a supportive network that not only provides financial backing but also shares the same vision of promoting sustainable fashion and empowering women.
The €250K investment will be instrumental in driving the startup’s global expansion plans. The funds will be allocated towards scaling up production capabilities, expanding the product range, and investing in marketing and distribution channels. With this injection of capital, The Knotty Ones aims to reach a wider audience and establish a strong foothold in key international markets.
One of the primary goals of The Knotty Ones is to create a positive impact on both the environment and society. The brand is committed to using sustainable materials such as organic cotton and linen, as well as upcycled yarns, reducing its carbon footprint and minimizing waste. Additionally, the company ensures fair wages and safe working conditions for its artisans, supporting local communities and preserving traditional craftsmanship.
The Knotty Ones’ dedication to sustainability has resonated with consumers who are increasingly conscious of the environmental and social impact of their purchasing decisions. The brand has successfully built a loyal customer base that appreciates the combination of style, quality, and ethical production practices. With the new funding, The Knotty Ones aims to expand its reach and introduce its sustainable fashion ethos to a wider audience.
The startup’s success story is not only inspiring for other entrepreneurs but also highlights the growing trend of female-led businesses and female investors in the startup ecosystem. The Knotty Ones’ decision to seek funding exclusively from female investors showcases the importance of diversity and inclusivity in the business world. By actively involving women in the investment process, the startup is not only securing financial support but also fostering a network of like-minded individuals who can contribute valuable insights and expertise.
As The Knotty Ones embarks on its global expansion journey, it serves as a shining example of how a small startup can make a big impact. By staying true to its values of sustainability, ethical production, and empowering women, the brand has managed to attract significant funding and build a strong reputation within the fashion industry. With the support of its new investors, The Knotty Ones is well-positioned to continue its mission of creating beautiful knitwear while making a positive difference in the world.
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- Source Link: https://zephyrnet.com/lithuanian-knitwear-startup-the-knotty-ones-raised-e250k-from-female-investors-to-fuel-its-international-expansion-eu-startups/