What is 1X Technologies?
Founded in 2014, 1X Technologies operates at the intersection of mechanical engineering and machine learning. The company specializes in the design and production of androids engineered to replicate human-like movement and behavioral patterns. By prioritizing safety and intuitive interaction, 1X Technologies aims to integrate autonomous systems into environments traditionally reserved for human labor. Their market position is defined by a commitment to building robots that function as collaborative partners rather than mere industrial tools, effectively addressing the global demand for versatile, intelligent automation in complex, unstructured workspaces.
How much funding has 1X Technologies raised?
1X Technologies has raised a total of $100M across 1 funding round:
Series B
$100M
Series B (2024): $100M with participation from Samsung NEXT, EQT Ventures, and Skagerak Capital
Key Investors in 1X Technologies
Samsung NEXT
Samsung NEXT is a venture arm that integrates product development, investment, and M&A to support software and service-based startups that complement global hardware ecosystems.
EQT Ventures
EQT Ventures is a prominent venture capital firm focused on providing growth capital and strategic guidance to high-potential technology enterprises.
Skagerak Capital
Skagerak Capital is an early-stage venture firm dedicated to backing sustainable innovations that address global challenges like climate change and resource scarcity.
What's next for 1X Technologies?
The infusion of capital from this Series B round provides 1X Technologies with the necessary resources to scale its manufacturing capabilities and refine its AI-driven behavioral models. As the company moves into its next phase of growth, the focus will likely shift toward expanding its operational footprint and deepening its integration within enterprise sectors that require high-dexterity, safe-to-operate robotic assistants. By leveraging the expertise of its strategic partners, 1X Technologies is poised to set new benchmarks in the robotics industry, potentially redefining the standards for human-centric automation and long-term sustainable value creation in the global labor market.
See full 1X Technologies company page
