1X Technologies vs Locus Robotics
In-depth comparison — valuation, funding, investors, founders & more
🇳🇴 Norway · Bernt Bornich
Valuation
$10B
Total Funding
$237M
150 employees
🇺🇸 United States · Rick Faulk
Valuation
N/A
Total Funding
$426M
500-1000 employees
Analyst Summary
Generated from real data · No AI hallucinations
Both 1X Technologies and Locus Robotics 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. Locus Robotics develops autonomous mobile robots (AMRs) and an AI-powered fleet management system for warehouse fulfillment operations.
1X Technologies carries a known valuation of $10B, while Locus Robotics's valuation has not been publicly disclosed. On the funding side, Locus Robotics has raised $426M in total — $189M more than 1X Technologies's $237M.
Both companies were founded in 2014, giving them the same market tenure. In terms of growth stage, 1X Technologies is at Series B while Locus Robotics is at Series F — a meaningful difference for investors evaluating risk and upside.
1X Technologies operates out of 🇳🇴 Norway while Locus Robotics 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
| Metric | 1X Technologies | Locus Robotics |
|---|---|---|
💰Valuation | $10B | N/A |
📈Total Funding | $237M | $426MWINS |
📅Founded | 2014 | 2014 |
🚀Stage | Series B | Series F |
👥Employees | 150 | 500-1000 |
🌍Country | Norway | United States |
🏷️Category | AI Robotics | AI Robotics |
⭐Awaira Score | 82WINS | 75 |
Key Differences
Funding gap: Locus Robotics has raised $189M more ($426M vs $237M)
Growth stage: 1X Technologies is at Series B vs Locus Robotics at Series F
Team size: 1X Technologies has 150 employees vs Locus Robotics's 500-1000
Market base: 🇳🇴 1X Technologies (Norway) vs 🇺🇸 Locus Robotics (United States)
Direct competitors: Both operate in the AI Robotics market segment
Awaira Score: 1X Technologies scores 82/100 vs Locus Robotics's 75/100
Which Should You Choose?
Use these signals to make the right call
Choose 1X Technologies if…
Top Pick- ✓Higher Awaira Score — 82/100 vs 75/100
- ✓More established by valuation ($10B)
- ✓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 Locus Robotics if…
- ✓Stronger investor backing — raised $426M
- ✓United States-based for regional compliance or proximity
- ✓Locus Robotics develops autonomous mobile robots (AMRs) and an AI-powered fleet management system for warehouse fulfillment operations
Funding History
1X Technologies raised $237M across 3 rounds. Locus Robotics raised $426M across 0 rounds.
1X Technologies
Series B
Jun 2021
Lead: SoftBank Vision Fund 2
Series A
Jan 2020
Series A
Jan 2020
Locus Robotics
No public funding data available.
Investor Comparison
No shared investors detected between these two companies.
Unique to 1X Technologies