202412 Jan

OpenAI-backed humanoid robotics firm 1X raises €91.1M to market its second-generation Android

Summary

Oslo-based 1X Technologies, an AI and robotics company producing androids capable of human-like movements and behaviours, announced that it has secured $100M (approximately €91.14M) in a Series B round of funding. Ted Persson, Partner at EQT Ventures says, “From Leonardo da Vinci to today’s sci-fi, humans have dreamt of humanoid robots for over 500 years. 1X will also support enterprise clients in logistics and security, positioning itself as a leader in AI robotics, focusing on safety and embodied learning for data collection. Bernt Øivind Børnich, CEO of 1X says, “We are thrilled that these leading investors are supporting 1X’s mission of safely deploying Androids with Smart Behavior into new markets. Our next milestone will be scaling our data collection strategy for Embodied AI and offering NEO to consumers.” Founded in 2014 by Bernt Øivind Børnich and Nguyen Ho Quoc Phuong, 1X specialises in designing androids that collaborate with humans, addressing global labour demands.

Source: Siliconcanals

Funding

$99.72M
Amount
Dec 14 2023
Date
-
Investor
OpenAI
Company

Classifications

Companies