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1X Technologies: Robotics company developing general-purpose humanoid robots for home and industrial applications, focused on autonomous work.
1X Technologies is a Palo Alto, California-based robotics company that develops general-purpose humanoid robots capable of performing autonomous work in both home and industrial environments. The enterprise produces the EVE robot for commercial and industrial applications, and it recently launched NEO, a consumer-ready humanoid designed to handle everyday household chores. To support its ongoing hardware development and commercialization efforts, the organization secured $23.5 million in Series A funding in March 2023. This financing round was led by the OpenAI Startup Fund, with additional equity participation from venture capital firms EQT Ventures and Samsung NEXT. The firm has also expanded its technical leadership team by recruiting former Google Brain researcher Eric Jang. Originally established under the name Halodi Robotics, the company was founded in 2014 by Bernt Børnich, Phuong Nguyen, Jørgen Sundell, and Pål Løken.
1X Technologies has raised $123.5M across 2 funding rounds.
1X Technologies has raised $123.5M in total across 2 funding rounds.
1X Technologies has raised $123.5M in total across 2 funding rounds.
1X Technologies's investors include Ted Persson, Nistad group, Samsung Next, Sandwater, Skagerak Capital, OpenAI, Arne Tonning, Tiger Global.
1X Technologies has raised $123.5M across 2 funding rounds. Most recently, it raised $100.0M Series B in January 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 11, 2024 | $100.0M Series B | Ted Persson, Nistad group, Samsung Next, Sandwater, Skagerak Capital | |
| Mar 28, 2023 | $23.5M Series A | OpenAI | Arne Tonning, Sandwater, Skagerak Capital, Tiger Global |