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1X Technologies

🔥 HOT
Updated Mar 24, 2026

How 1X Technologies stacks up in AI Robotics — funding data, key investors, and more.

🇳🇴NorwaySeries BAI Robotics

Out of 100

🇳🇴

HQ

Norway

🗓

Founded

2014

💰

Raised

$137M

🏷️

Stage

Series B

👥

Team

150

1X Technologies is a Norwegian robotics company founded in 2014 that develops humanoid robots designed for physical automation tasks, backed by investors including the OpenAI Startup Fund and Tiger Global. 1X focuses on creating general-purpose humanoid robots equipped with advanced AI capabilities to perform dangerous, repetitive, or physically demanding work across industrial and service

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Key Facts

  • 1X Technologies is valued at $820M as of March 2026.
  • 1X Technologies has raised a total of $137M in disclosed funding across 2 funding rounds.
  • 1X Technologies was founded in 2014 by Bernt Bornich and is headquartered in Norway.
  • 1X Technologies employs approximately 150 people.
  • 1X Technologies operates in the AI Robotics category and is currently at the Series B stage.
  • 1X Technologies has an Awaira Score of 82/100, ranking it among the highly notable AI companies on Awaira.
  • 1X Technologies's most recent funding round was a Series A of $23.5M closed in March 2023.

Source: Awaira · Updated Mar 24, 2026

$820M

Post-money

$137M

All rounds

82/100

2014

150 employees

Strengths

Elite Awaira Score of 82/100

Growing team of 150 employees

Established market presence (founded 2014)

Analysis based on publicly available data. Not investment advice.

2

Total Rounds

$61.75M

Avg Round Size

1.8yr

Funding Span

1X Technologies raised 2 rounds over 1.8 years, averaging $61.75M per round — a pace of roughly one round every 11 months.

⚠️ ESTIMATE
💵Est. Annual Revenue
$20M–$100M estimated ARR

Awaira estimate based on public data. Not financial advice.

How does 1X Technologies stack up against competitors?

Metric1X TechnologiesWaymoWayveFigure AI
Awaira Score82/10096/10095/10095/100
Total Raised$137M$27.1B$2.8B$1.9B
Valuation$820M$126B$8.6B$39B
StageSeries BCorporateSeries DSeries C
Founded2014200920172022
Employees1503500100-500450
Country🇳🇴🇺🇸🇬🇧🇺🇸
B

Bernt Bornich

Founder & CEO

View founder profile →
StageSeries B
Employees150
Country🇳🇴 Norway
Connect
Inactive
2 rounds
Series ALatest

Postgres Investment, Spartan Capital

$23.5M

Mar 2023

Series B

Led by SoftBank Vision Fund 2

$100M

Jun 2021

Frequently Asked Questions

What is 1X Technologies's valuation?
The current market valuation is approximately $820M, based on publicly available funding data.
Who invested in 1X Technologies?
On the cap table: Postgres Investment, Spartan Capital, SoftBank Vision Fund 2. Their combined backing has helped fund operations and expansion.
When did 1X Technologies last raise funding?
Capital was most recently raised through a Series A of $23.5M in March 2023.
How many employees does 1X Technologies have?
Around 150 people work there, with headquarters in Norway.
What does 1X Technologies do?
1X Technologies is a Norwegian robotics company founded in 2014 that develops humanoid robots designed for physical automation tasks, backed by investors including the OpenAI Startup Fund and Tiger Global. 1X focuses on creating general-purpose humanoid robots equipped with advanced AI capabilities to perform dangerous, repetitive, or physically demanding work across industrial and service sectors.
Who founded 1X Technologies?
Behind the company is Bernt Bornich, who got it off the ground in 2014 in Norway. Bernt Bornich serves as Founder & CEO.
Is 1X Technologies profitable?
Whether the company is profitable hasn't been confirmed publicly. It has raised $137M in total funding and is classified at the Series B stage.
Where is 1X Technologies headquartered?
Home base is Norway 🇳🇴. The AI Robotics company was founded in 2014 and operates from there.
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