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1X - About the company

1X is a series B company based in Palo Alto (United States), founded in 2014 by Bernt Oivind Bornich. It operates as a Provider of humanoid robots for personalized assistance. 1X has raised $126M in funding from investors like Tiger Global Management, EQT and OpenAI Startup Fund, with a current valuation of $*****. The company has 152 active competitors, including 34 funded and 6 that have exited. Its top competitors include companies like Agility Robotics, Apptronik and Sanctuary AI.

Company Details

Provider of humanoid robots for personalized assistance. It is a developer of humanoid robots for home environments, combining artificial intelligence and robotics to automate everyday tasks and provide personalized assistance. It provides autonomous humanoid robot that can be programmed to perform various chores and is designed to learn from user input and adapt to new tasks.
Social
X
Key Metrics
Founded Year
2014
Location
Palo Alto, United States
Stage
Series B
Total Funding
$126M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 31, 2024
Ranked
Annual Revenue
$1M - $10M as on Dec 31, 2024
Employee Count
1,074 as on Jun 30, 2026
Investment & Acquisitions
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1X's funding and investors

1X has raised a total funding of $126M over 4 rounds. Its first funding round was on Apr 25, 2017. Its latest funding round was a Series B round on Jan 11, 2024 for $*****. 5 investors participated in its latest round. 1X has 17 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of 1X:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 11, 2024
1687541
Series B
7907896
3718370
8761343
8897747
Mar 21, 2023
3036256
Series A
2973065
2076299
4511842
Dec 31, 2019
5859229
Series A
4418646
5989015
6444640
6236670
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1X's founders and board of directors

Founder? Claim Profile
The founders of 1X is Bernt Oivind Bornich. Bernt Oivind Bornich and Bernt Oyvind Bornich are the CEOs of 1X.
Here are the details of 1X's key team members:

1X's Board of Directors

1X's board has 1 active member. Bernt Oivind Bornich is part of team.
Here is the list of 1X's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
-

1X's employee count trend

1X has 1,074 employees as of Jun 26. Here is 1X's employee count trend over the years:
Employee count trend for 1X
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1X's Competitors and alternates

Top competitors of 1X include Agility Robotics, Apptronik and Sanctuary AI. Here is the list of Top 10 competitors of 1X, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Agility Robotics
Agility Robotics
2015, Salem (United States), Series C
Developer of robots and a cloud-based automation platform for logistics operations
$180M
69/100
2nd
Logo for Apptronik
Apptronik
2016, Austin (United States), Series A
Developer of general-purpose humanoid robots for various applications and industries
$956M
64/100
3rd
Logo for Sanctuary AI
Sanctuary AI
2018, Vancouver (Canada), Series A
Developer of AI-powered general-purpose robots for industrial applications
$100M
64/100
4th
Logo for Unitree
Unitree
2016, Hangzhou (China), Series C
Developer of quadruped robots, humanoid robots, robotic arms, and related components
$252M
64/100
5th
Logo for AgiBot
AgiBot
2023, Shanghai (China), Series B
Developer of embodied artificial intelligence robots for various applications
$83.8M
63/100
6th
Logo for Mentee Robotics
Mentee Robotics
2021, Herzliya (Israel), Acquired
Developer of humanoid robots
$17M
62/100
7th
Logo for Limx Dynamics
Limx Dynamics
2022, Shenzhen (China), Series B
Developer of embodied intelligent robotics and agentic operating system
$296M
62/100
8th
Logo for Neura Robotics
Neura Robotics
2019, Metzingen (Germany), Series C
Manufacturer of cognitive robots and intelligent automation systems for industry
$1.68B
60/100
9th
Logo for 1X
1X
2014, Palo Alto (United States), Series B
Provider of humanoid robots for personalized assistance
$126M
60/100
10th
Logo for Figure
Figure
2022, San Jose (United States), Series C
Developer of AI-powered humanoid robots designed for everyday home assistance
$1.75B
59/100
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1X's Investments and acquisitions

1X has acquired Kind Humanoid. 1X has not made any investments as of now.

Reports related to 1X

Here is the latest report on 1X's geography:

News related to 1X

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Media has covered 1X for a total of 12 events in the last 1 year, 6 of them have been about company updates and 3 about partnerships.
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