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 184 active competitors, including 49 funded and 9 that have exited. Its top competitors include companies like UBTECH, Agility Robotics and Unitree.
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.
- Website
- www.1x.tech/
- Social
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
Investors
Ranked
10th among 184 active competitors
Annual Revenue
$1M - $10M as on Dec 31, 2024
Employee Count
1,108 as on Jul 31, 2026
Investment & Acquisitions
Legal entities associated with 1X
1X is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
1X TECHNOLOGIES AS CIN: 929455568 , Norway, Active | Jun 01, 2022 | $1M - $10M (As on Dec 31, 2024) | 98 (As on Dec 31, 2024) | |
HALODI ROBOTICS TOPCO AS CIN: 929455622 , Norway, Active | - | - |
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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 19 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of 1X:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 11, 2024 | 8568303 | Series B | 2821630 | 1079839 | 9251907 | 7204139 |
Mar 21, 2023 | 7461273 | Series A | 9358737 | 3233108 | 5073871 | |
Dec 31, 2019 | 1977250 | Series A | 8021467 | 4038882 | 2142192 | 7729916 |
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1X's founders and board of directors
Founder? Claim ProfileThe 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:
- Bernt Oivind Bornich: Founder & CEO of 1X. Contact Info: 1 email address
- Bernt Oyvind Bornich: CEO of 1X. Contact Info: 1 email address
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 | - |
View details of 1X's Founder profiles and Board Members
1X's employee count trend
1X has 1,108 employees as of Jul 26. Here is 1X's employee count trend over the years:
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1X's Competitors and alternates
Top competitors of 1X include UBTECH, Agility Robotics and Unitree. Here is the list of Top 10 competitors of 1X, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of service robots for diversified applications | $1.34B | 71/100 | ||
2nd |  Agility Robotics 2015, Salem (United States), Series C | Developer of robots and a cloud-based automation platform for logistics operations | $180M | 69/100 | |
3rd | Developer of quadruped robots, humanoid robots, robotic arms, and related components | $252M | 66/100 | ||
4th | _1560141200156.png?devicePixelRatio=2&height=30&width=30){kind=logo} Sanctuary AI 2018, Vancouver (Canada), Series A | Developer of AI-powered general-purpose robots for industrial applications | $100M | 65/100 | |
5th |  Apptronik 2016, Austin (United States), Series A | Developer of general-purpose humanoid robots for various applications and industries | $956M | 64/100 | |
6th | Developer of embodied artificial intelligence robots for various applications | $83.8M | 64/100 | ||
7th |  Mentee Robotics 2021, Herzliya (Israel), Acquired | Developer of humanoid robots | $17M | 62/100 | |
8th |  Giga AI 2023, San Francisco (United States), Series A | Developer of AI-powered agents for enterprise support and customer engagement | $65.1M | 62/100 | |
9th |  Limx Dynamics 2022, Shenzhen (China), Series B | Developer of embodied intelligent robotics and agentic operating system | $296M | 62/100 | |
10th |  1X 2014, Palo Alto (United States), Series B | Provider of humanoid robots for personalized assistance | $126M | 61/100 |
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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 sector:
News related to 1X
Filter this listMedia has covered 1X for a total of 14 events in the last 1 year, 7 of them have been about company updates and 3 about partnerships.
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SoftBank in talks to acquire majority stake in humanoid robot startup 1X for $6 billionTechStartups.com•Aug 27, 2026•1X, SoftBank Group
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1X Announces Strategic Partnership to Make up to 10,000 Humanoid Robots Available to EQT’s Global PortfolioBusiness Wire•Dec 11, 2025•EQT, 1X
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IFS and 1X Technologies Partner to Bring Industrial AI to Physical WorldPR Newswire•Nov 13, 2025•1X, IFS
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Abu Dhabi Chamber, 1X Technologies to boost AI, robotics in industrial, energy sectorsGulf Business•Nov 06, 2025•Abudhabichamber, 1X
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