1X Technologies vs Addverb
In-depth comparison — valuation, funding, investors, founders & more
🇳🇴 Norway · Bernt Bornich
Valuation
$10B
Total Funding
$237M
150 employees
🇮🇳 India · Sangeet Kumar
Valuation
N/A
Total Funding
$132M
500+ employees
Analyst Summary
Generated from real data · No AI hallucinations
Both 1X Technologies and Addverb compete directly in the AI Robotics space, making this a head-to-head matchup within the same market segment. 1X Technologies is a Norwegian robotics company founded in 2014 that develops humanoid robots designed for physical automation tasks. Addverb is a warehouse automation and robotics company that designs, manufactures, and deploys mobile robots, automated storage systems, and AI-powered warehouse management software for e-commerce, retail, pharmaceuticals, and manufacturing companies.
1X Technologies carries a known valuation of $10B, while Addverb's valuation has not been publicly disclosed. On the funding side, 1X Technologies has raised $237M in total — $105M more than Addverb's $132M.
1X Technologies has 2 years more market experience, having been founded in 2014 compared to Addverb's 2016 founding. In terms of growth stage, 1X Technologies is at Series B while Addverb is at Series C — a meaningful difference for investors evaluating risk and upside.
1X Technologies operates out of 🇳🇴 Norway while Addverb is based in 🇮🇳 India, giving each a distinct home-market advantage. On Awaira's 0–100 composite score, 1X Technologies leads with a score of 82, reflecting stronger overall fundamentals across valuation, funding, and growth signals.
Metrics Comparison
| Metric | 1X Technologies | Addverb |
|---|---|---|
💰Valuation | $10B | N/A |
📈Total Funding | $237MWINS | $132M |
📅Founded | 2014 | 2016WINS |
🚀Stage | Series B | Series C |
👥Employees | 150 | 500+ |
🌍Country | Norway | India |
🏷️Category | AI Robotics | AI Robotics |
⭐Awaira Score | 82WINS | 68 |
Key Differences
Funding gap: 1X Technologies has raised $105M more ($237M vs $132M)
Market experience: 1X Technologies has 2 years more (founded 2014 vs 2016)
Growth stage: 1X Technologies is at Series B vs Addverb at Series C
Team size: 1X Technologies has 150 employees vs Addverb's 500+
Market base: 🇳🇴 1X Technologies (Norway) vs 🇮🇳 Addverb (India)
Direct competitors: Both operate in the AI Robotics market segment
Awaira Score: 1X Technologies scores 82/100 vs Addverb's 68/100
Which Should You Choose?
Use these signals to make the right call
Choose 1X Technologies if…
Top Pick- ✓Higher Awaira Score — 82/100 vs 68/100
- ✓More established by valuation ($10B)
- ✓Stronger investor backing — raised $237M
- ✓More market experience — founded in 2014
- ✓Norway-based for regional compliance or proximity
- ✓1X Technologies is a Norwegian robotics company founded in 2014 that develops humanoid robots designed for physical automation tasks
Choose Addverb if…
- ✓India-based for regional compliance or proximity
- ✓Addverb is a warehouse automation and robotics company that designs, manufactures, and deploys mobile robots, automated storage systems, and AI-powered warehouse management software for e-commerce, retail, pharmaceuticals, and manufacturing companies
Funding History
1X Technologies raised $237M across 3 rounds. Addverb raised $132M across 0 rounds.
1X Technologies
Series B
Jun 2021
Lead: SoftBank Vision Fund 2
Series A
Jan 2020
Series A
Jan 2020
Addverb
No public funding data available.
Investor Comparison
No shared investors detected between these two companies.
Unique to 1X Technologies