1X

1X is an artificial intelligence and robotics company developing general-purpose humanoid robots for industrial and domestic applications, based in Sunnyvale, California, and Moss, Norway. The company designs bipedal and wheeled androids, including the industrial-focused EVE and the consumer-ready NEO, which integrate advanced hardware with AI software to operate autonomously alongside humans. To support the commercialization and mass production of its robotic systems, the enterprise has raised over $135 million in total venture funding. This capitalization includes a $100 million Series B round and a $23.5 million Series A round backed by prominent investors such as the OpenAI Startup Fund, EQT Ventures, Tiger Global, and Spark Capital. Originally established as Halodi Robotics before rebranding in 2023, the company was founded in 2014 by Bernt Øivind Børnich, Phuong Nguyen, Jørgen Sundell, and Pål Løken.

High-Level Overview

1X Technologies is a Norwegian-American robotics company developing general-purpose humanoid robots for home environments, combining proprietary hardware, embodied AI, and in-house manufacturing.[1][3][4] It builds platforms like the wheeled EVE robot for industrial use (logistics, security, healthcare) and the bipedal NEO for consumer homes, serving both B2B clients via sales and robot-as-a-service (RaaS) and future B2C markets.[1][3][4] The company solves labor shortages and mundane tasks through safe, intelligent androids that learn via real-world data and human teleoperation, with strong growth shown by $125M+ in funding, a shift to consumer focus, and scaling production.[1][2][4]

Origin Story

Founded in 2014 by Norwegian roboticist Bernt Øivind Børnich as Halodi Robotics in Oslo, Norway, 1X initially targeted safe actuators and control systems for industrial/healthcare robots.[2][3] In 2018, it released the first EVE humanoid for logistics and security, gaining early traction with clients like ADT Security Services.[1][3] A pivotal 2022-2023 rebrand to 1X Technologies marked a shift from industrial pilots to consumer home robots, fueled by a $23.5M Series A led by OpenAI Startup Fund at $210M post-money valuation.[1][2][3][4] Børnich, now CEO, and CTO Nicholas Nadeau drove this evolution, raising a $100M Series B in 2024 led by EQT Ventures, relocating HQ to Palo Alto in 2025 for talent access while keeping manufacturing in Norway.[2][3][4]

Core Differentiators

• Vertical integration: Controls the full stack—custom actuators, hardware, AI software, and manufacturing—for rapid hardware-software iteration and cost efficiency (e.g., Eve at ~$100K/unit).[1][4]
• Consumer-first focus: Prioritizes home deployments over industrial rivals to gather superior training data for general-purpose embodied AI, enabling first-mover scale in adoption.[1][3]
• Data flywheel: Robots teleoperated via VR by humans generate fleet-wide learning data, improving autonomy; app-based scheduling for early users.[3][4]
• Dual revenue model: Near-term B2B RaaS (e.g., Eve leases to ADT) funds consumer push with NEO, leveraging Norway's manufacturing cost advantages.[1][4]

Role in the Broader Tech Landscape

1X rides the humanoid robotics boom, fueled by AI advances in embodied intelligence and labor shortages in homes/industry, timing perfectly with multimodal models enabling dexterous, generalist robots.[1][4][6] Market forces like falling hardware costs and investor hype (e.g., $1B raise talks at $10B+ valuation in Sept 2025) favor vertically integrated players scaling data loops faster than modular competitors.[1][4] It influences the ecosystem by partnering with VCs like EQT for 10,000-unit deployments and prioritizing consumer data to lead AI training, potentially setting standards for safe human-robot coexistence.[1][6]

Quick Take & Future Outlook

1X is poised for explosive growth, targeting mass consumer rollout of NEO amid $1B funding pursuits and partnerships for thousands of units.[4][6] Trends like AI data abundance from deployments and cheaper actuators will accelerate its flywheel, but scaling manufacturing and autonomy remain key hurdles. Its influence could expand to define home robotics standards, creating an abundant future as Børnich envisions—mirroring its bold pivot from industrial origins to household ubiquity.[1][3][6]