1X Technologies
1X Technologies60
About
What does 1X Technologies do?
1X Technologies is a Norwegian-American company creating general-purpose humanoid robots for home environments. Their mission is to create an abundance of labor through safe, intelligent humanoids that work alongside people. The company is vertically integrated, handling everything from material development to AI and manufacturing.
What is 1X Technologies's revenue?
StartupHub estimates 1X Technologies's annual revenue at $316.6M (range $169.0M to $842.9M, 65% confidence), based on comparable companies in the sector.
What is 1X Technologies's valuation?
StartupHub estimates 1X Technologies's effective valuation at $882.6M (range $583.8M to $1.4B, 20% confidence), based on comparable companies in the sector.
How much funding has 1X Technologies raised?
1X Technologies has raised a total of $234M in funding. The most recent round on record is Series B.
Where is 1X Technologies headquartered?
1X Technologies is headquartered in Palo Alto, United States.
When was 1X Technologies founded?
1X Technologies was founded in 2014.
What industry does 1X Technologies operate in?
1X Technologies operates in Robotics, Humanoid Robotics, AI Hardware, Consumer Electronics, Automation, Artificial Intelligence.
How many employees does 1X Technologies have?
1X Technologies has approximately 1056 people on record.
Both 1X Technologies and Tesla are developing general-purpose humanoid robots, with 1X focusing on home environments and Tesla also developing a humanoid robot for various applications.
1X Technologies is actively taking pre-orders for its Neo humanoid robot, priced at $20,000 or $499 per month, directly targeting individual consumers for home use.
Private equity firm EQT, an investor in 1X, plans to deploy up to 10,000 Neo humanoids into its portfolio companies over the next five years to work alongside humans in manufacturing, facility operations, and healthcare.
Buyer fit inferred by StartupHub from what 1X Technologies sells and public signals about each company. Only rows badged "already a customer" are confirmed relationships.
NVIDIA, already an investor in 1X Technologies, could acquire the company to further integrate its AI platforms with advanced humanoid robotics hardware and expand its presence in the consumer robotics market.
Amazon could acquire 1X Technologies to integrate humanoid robots into its logistics and warehousing operations, as well as to expand its smart home ecosystem with advanced robotic assistants.
Precedent: Kiva Systems, 2012
Google could acquire 1X Technologies to enhance its AI and robotics research, particularly in embodied AI and general-purpose robots for home environments, leveraging 1X's expertise in safe and intelligent humanoids.
Precedent: DeepMind, 2014
Samsung, an existing investor, could acquire 1X Technologies to bolster its position in the consumer electronics market by offering advanced humanoid robots for home assistance and integrating them with its smart home devices.
Strategic fit inferred by StartupHub from each buyer's own acquisition history. No deal, approach or discussion is implied.
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An entrant is a company tagged Robotics whose domain was first registered in the window, counted from registry records in the StartupHub directory. 2 of them registered in the last 30 days. Registry detection runs two to three weeks behind registration, so recent weeks are a floor.
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