Clawlab raised more than $15 million in a Pre-A3 funding round led by miHoYo. Vision Plus Capital and Shunwei Capital also increased their investments through super pro rata participation. The Shenzhen-based startup builds smart tools for textile creation.
Funding history
The new round brings Clawlab's total funding to approximately $25 million across four equity rounds. Its shareholder base includes Sequoia China, Shunwei Capital, YM Capital, Vision Plus Capital, and miHoYo. These investors combine venture capital firms with a strategic corporate backer.
Company background
Clawlab was founded in 2023. Founder and CEO Wenxin Hu previously worked as a hardware engineer at DJI and Meituan. Most of the company's core R&D team are former DJI employees.
What the machine does
The company is developing a smart knitting machine designed for home use. It turns an image or idea into a finished knitted item while the user controls design, colors, and intended use. The machine supports scarves, doll clothes, pet accessories, and personalized gifts.
Clawlab plans to unveil the smart knitting machine to a global audience at CES 2027. The company also wants to build a creator community around knitting. Its longer-term ambition is to make knitting an everyday medium of expression.