How much funding has Knit raised?

Knit has raised $19.6M in total funding, most recently a Series A round.

Who are Knit's investors?

Knit's investors include Silicon Road Ventures, Techstars, Alumni Ventures, Bootstrappers.mn, Operate Studio, Bread & Butter Ventures.

Where is Knit headquartered?

Knit is headquartered in Suffolk, Virginia, United States.

What industry is Knit in?

Knit operates in Crypto & Web3, Fintech.

Knit

Cross-Chain Wrapped Assets with Deposit Insurance

Suffolk, United States · Founded 2019 · $19.6M raised

Crypto & Web3

Fintech

Headquarters: Suffolk, Virginia
Founded: 2019
Website: goknit.com

Total Funding: $19.6M
Last Round: $16.1M Series AJul 2025
Rounds: 3

About

Knit Finance is a cross-chain DeFi protocol that enables the creation of wrapped synthetic assets (K-Assets) for the top 200 crypto assets across multiple EVM-compatible blockchains. Users deposit assets into insured custody and mint 1:1 K-Assets that can move freely across supported chains while retaining staking capabilities for DPoS assets with airdropped incentives. The protocol focuses on unlocking the full potential of DeFi by bridging liquidity from non-EVM ecosystems into the broader decentralized finance landscape. Knit Finance raised $1 million in seed funding in May 2021 from investors including LD Capital, Bitcoin.com, Momentum 6, Chronos Ventures, and pSquare Capital. The project provides insured custody solutions as a trust layer for cross-chain asset movement, targeting DeFi users who want to access liquidity across chains without sacrificing asset security.

Summary

Knit is a Crypto & Web3 company based in Suffolk, United States, founded in 2019. It has raised $19.6M in total across 3 rounds, most recently a $16.1M Series A round in Jul 2025. Investors include Silicon Road Ventures, Techstars and Alumni Ventures.