Clawlab: Over $15 Million Funding Advances Smart Knitting Machine For Home Use

Clawlab has raised more than $15 million in Pre-A3 financing to develop smart textile creation tools, bringing its total funding to approximately $25 million across four equity rounds. miHoYo led the round, while Vision Plus Capital and Shunwei Capital increased their investments through super pro rata participation. Other shareholders include Sequoia China and YM Capital.

Founded in 2023, Clawlab is developing a smart knitting machine intended to make capabilities typically associated with professional equipment accessible to home users.

The product is designed to turn an image or idea into a knitted item by automating pattern preparation, stitchwork and repetitive production. Users retain control over design, colors and intended use.

Potential applications include scarves, doll clothing, pet accessories and personalized gifts. The company also sees opportunities for users to develop custom products or small businesses.

Clawlab plans to unveil the machine to an international audience at CES 2027.

Founder and CEO Wenxin Hu previously worked as a hardware engineer at DJI and Meituan. Most members of the core research and development team are also former DJI employees.

The company is drawing on that consumer hardware experience to redesign knitting across equipment, software and user interaction. Its aim is to reduce the specialist knowledge normally required for pattern development, stitch control and machine operation.

Clawlab’s longer-term plans combine smart equipment with design software and a creator community, supporting the development and sharing of customized textile products.

The financing adds a strategic corporate investor alongside venture backers as the company prepares to introduce its product. Its commercial opportunity rests on connecting demand for personalized creation with tools that simplify the underlying engineering.

KEY QUOTE:

“Textiles meet a broad, long-standing need in everyday life. Standardized products are abundant, but consumers’ desire for personal style, customization, and emotional expression remains underserved. We want to reconnect ideas, design, and production so that people without professional training can create through knitting.”

Wenxin Hu, Founder And CEO Of Clawlab