Overall Winner: 1X Technologies·82/ 100

1X Technologies vs Covariant

In-depth comparison — valuation, funding, investors, founders & more

Winner
1
1X Technologies

🇳🇴 Norway · Bernt Bornich

Series BAI RoboticsEst. 2014

Valuation

$10B

Total Funding

$237M

82
Awaira Score82/100

150 employees

Full 1X Technologies Profile →
C
Covariant

🇺🇸 United States · Pieter Abbeel

Series CAI RoboticsEst. 2017

Valuation

N/A

Total Funding

$222M

70
Awaira Score70/100

100-500 employees

Full Covariant Profile →
🔬

Analyst Summary

Generated from real data · No AI hallucinations

Both 1X Technologies and Covariant 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. Covariant builds an AI robotic picking and automation platform that enables warehouse and fulfillment robots to handle the enormous variety of product shapes, sizes, and packaging types encountered in real-world logistics operations.

1X Technologies carries a known valuation of $10B, while Covariant's valuation has not been publicly disclosed. On the funding side, 1X Technologies has raised $237M in total — $15M more than Covariant's $222M.

1X Technologies has 3 years more market experience, having been founded in 2014 compared to Covariant's 2017 founding. In terms of growth stage, 1X Technologies is at Series B while Covariant is at Series C — a meaningful difference for investors evaluating risk and upside.

1X Technologies operates out of 🇳🇴 Norway while Covariant is based in 🇺🇸 United States, 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

Metric1X TechnologiesCovariant
💰Valuation
$10B
N/A
📈Total Funding
$237MWINS
$222M
📅Founded
2014
2017WINS
🚀Stage
Series B
Series C
👥Employees
150
100-500
🌍Country
Norway
United States
🏷️Category
AI Robotics
AI Robotics
Awaira Score
82WINS
70

Key Differences

📈

Funding gap: 1X Technologies has raised $15M more ($237M vs $222M)

📅

Market experience: 1X Technologies has 3 years more (founded 2014 vs 2017)

🚀

Growth stage: 1X Technologies is at Series B vs Covariant at Series C

👥

Team size: 1X Technologies has 150 employees vs Covariant's 100-500

🌍

Market base: 🇳🇴 1X Technologies (Norway) vs 🇺🇸 Covariant (United States)

⚔️

Direct competitors: Both operate in the AI Robotics market segment

Awaira Score: 1X Technologies scores 82/100 vs Covariant's 70/100

Which Should You Choose?

Use these signals to make the right call

1

Choose 1X Technologies if…

Top Pick
  • Higher Awaira Score — 82/100 vs 70/100
  • 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
C

Choose Covariant if…

  • United States-based for regional compliance or proximity
  • Covariant builds an AI robotic picking and automation platform that enables warehouse and fulfillment robots to handle the enormous variety of product shapes, sizes, and packaging types encountered in real-world logistics operations

Funding History

1X Technologies raised $237M across 3 rounds. Covariant raised $222M across 0 rounds.

1X Technologies

Series B

Jun 2021

Lead: SoftBank Vision Fund 2

$100M

Series A

Jan 2020

$50M

Series A

Jan 2020

$25M

Covariant

No public funding data available.

Investor Comparison

No shared investors detected between these two companies.

Unique to 1X Technologies

SoftBank Vision Fund 2Spartan CapitalPostgres InvestmentMakers FundProsus Ventures

Users Also Compare

FAQ — 1X Technologies vs Covariant

Is 1X Technologies bigger than Covariant?
1X Technologies has a disclosed valuation of $10B, while Covariant's valuation is not publicly available, making a direct size comparison difficult. 1X Technologies employs 150 people.
Which company raised more funding — 1X Technologies or Covariant?
1X Technologies has raised more in total funding at $237M, compared to Covariant's $222M — a gap of $15M. Combined, the two companies have completed 3 known funding rounds.
Which company has a higher Awaira Score?
1X Technologies holds the higher Awaira Score at 82/100, compared to Covariant's 70/100. The Awaira Score is a composite metric factoring in valuation, funding, stage, team size, and market presence — a 12-point gap that reflects meaningful differences in scale or traction.
Who founded 1X Technologies vs Covariant?
1X Technologies was founded by Bernt Bornich in 2014. Covariant was founded by Pieter Abbeel in 2017. Visit each company's profile on Awaira for a full founder biography.
What does 1X Technologies do vs Covariant?
1X Technologies: 1X Technologies is a Norwegian robotics company founded in 2014 that develops humanoid robots designed for physical automation tasks. The company has raised $237 million in total funding and maintains a $10.0 billion valuation, currently operating at Series B stage. 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. The company's primary product line centers on bipedal robots with dexterous manipulation capabilities, combining mechanical engineering with machine learning to enable autonomous task execution. The robots are designed to navigate real-world environments and adapt to varied operational scenarios. 1X Technologies positions itself in the emerging humanoid robotics segment alongside competitors like Tesla's Optimus and Boston Dynamics. The company emphasizes practical deployment over theoretical research, targeting near-term commercial applications in logistics, manufacturing, and facility management. Key technical differentiators include proprietary control systems and embodied AI approaches that enable robots to learn from experience. The robotics sector has attracted substantial venture capital investment, with 1X's valuation reflecting investor confidence in the humanoid robot market potential. The company's growth trajectory reflects increasing market interest in physical automation solutions, though commercial deployment at scale remains in early stages across the industry. 1X Technologies combines humanoid robot hardware with embodied AI to create commercially-focused autonomous workers for industrial applications. Covariant: Covariant builds an AI robotic picking and automation platform that enables warehouse and fulfillment robots to handle the enormous variety of product shapes, sizes, and packaging types encountered in real-world logistics operations. The platform is built on RFM-1, a foundation model for robotics trained on one of the largest robotics datasets ever assembled, enabling generalized manipulation capabilities across new product types without task-specific retraining.\n\nThe company raised approximately 222 million USD and has deployed its AI in warehouse environments at major retailers and logistics operators in North America and Europe, with robots handling millions of picks per day across diverse SKU catalogs. Covariant was founded by researchers from UC Berkeley with foundational backgrounds in deep reinforcement learning for robotic manipulation.\n\nIntelligent robotic picking remains one of the hardest unsolved problems in warehouse automation, as the combinatorial variety of product types encountered in e-commerce fulfillment exceeds what rule-based vision systems can handle reliably. Covariant approach of training a generalist manipulation model on large-scale real-world robotics data parallels the approach that made large language models broadly capable, and represents one of the most technically credible attempts to bring general robot AI to industrial deployment at scale.
Which company was founded first?
1X Technologies was founded first in 2014, giving it 3 years of additional market experience. Covariant was founded later in 2017. In AI, even a year or two of head start can translate into significantly more training data, customer relationships, and institutional knowledge.
Which company has more employees?
1X Technologies has approximately 150 employees, while Covariant has approximately 100-500. A larger team often signals higher revenue or venture backing, but in AI, smaller teams are increasingly capable of building at scale.
Are 1X Technologies and Covariant competitors?
Yes, 1X Technologies and Covariant are direct competitors — both operate in the AI Robotics space and likely target overlapping customer segments. This comparison is especially relevant for buyers evaluating both platforms.