Overall Winner: 1X Technologies·82/ 100

1X Technologies vs Preferred Networks

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 →
P
Preferred Networks

🇯🇵 Japan · Toru Nishikawa

Series BAI RoboticsEst. 2014

Valuation

N/A

Total Funding

$350M

72
Awaira Score72/100

100-500 employees

Full Preferred Networks Profile →
🔬

Analyst Summary

Generated from real data · No AI hallucinations

Both 1X Technologies and Preferred Networks 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. Preferred Networks develops deep learning technology applied to robotics, autonomous driving, and industrial applications, building neural network architectures for real-time edge inference in robot control, factory automation, and connected vehicle systems.

1X Technologies carries a known valuation of $10B, while Preferred Networks's valuation has not been publicly disclosed. On the funding side, Preferred Networks has raised $350M in total — $113M more than 1X Technologies's $237M.

Both companies were founded in 2014, giving them the same market tenure. Both companies are currently at the Series B stage of their journey.

1X Technologies operates out of 🇳🇴 Norway while Preferred Networks is based in 🇯🇵 Japan, 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 TechnologiesPreferred Networks
💰Valuation
$10B
N/A
📈Total Funding
$237M
$350MWINS
📅Founded
2014
2014
🚀Stage
Series B
Series B
👥Employees
150
100-500
🌍Country
Norway
Japan
🏷️Category
AI Robotics
AI Robotics
Awaira Score
82WINS
72

Key Differences

📈

Funding gap: Preferred Networks has raised $113M more ($350M vs $237M)

👥

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

🌍

Market base: 🇳🇴 1X Technologies (Norway) vs 🇯🇵 Preferred Networks (Japan)

⚔️

Direct competitors: Both operate in the AI Robotics market segment

Awaira Score: 1X Technologies scores 82/100 vs Preferred Networks's 72/100

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 72/100
  • 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
P

Choose Preferred Networks if…

  • Stronger investor backing — raised $350M
  • Japan-based for regional compliance or proximity
  • Preferred Networks develops deep learning technology applied to robotics, autonomous driving, and industrial applications, building neural network architectures for real-time edge inference in robot control, factory automation, and connected vehicle systems

Funding History

1X Technologies raised $237M across 3 rounds. Preferred Networks raised $350M 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

Preferred Networks

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 Preferred Networks

Is 1X Technologies bigger than Preferred Networks?
1X Technologies has a disclosed valuation of $10B, while Preferred Networks'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 Preferred Networks?
Preferred Networks has raised more in total funding at $350M, compared to 1X Technologies's $237M — a gap of $113M. 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 Preferred Networks's 72/100. The Awaira Score is a composite metric factoring in valuation, funding, stage, team size, and market presence — a 10-point gap that reflects meaningful differences in scale or traction.
Who founded 1X Technologies vs Preferred Networks?
1X Technologies was founded by Bernt Bornich in 2014. Preferred Networks was founded by Toru Nishikawa in 2014. Visit each company's profile on Awaira for a full founder biography.
What does 1X Technologies do vs Preferred Networks?
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. Preferred Networks: Preferred Networks develops deep learning technology applied to robotics, autonomous driving, and industrial applications, building neural network architectures for real-time edge inference in robot control, factory automation, and connected vehicle systems. The Tokyo company gained international recognition for early competition victories in autonomous navigation and robot manipulation challenges and developed its own deep learning framework, Chainer, which influenced the design of PyTorch before Chainer was eventually retired.\n\nThe company raised approximately $350 million including a landmark $105 million Series A from Toyota Motor Corporation and other strategic investors, making it one of the most valuable AI startups in Japan at the time of its fundraising. Preferred Networks collaborates with Toyota on autonomous driving AI, with NTT on communications AI, and with Fanuc on factory robot intelligence, creating a portfolio of deep technology industrial partnerships that provide both funding and deployment scale for its AI research.\n\nPreferred Networks operates in Japan industrial AI market where established relationships with major manufacturing and automotive companies provide a defensible position that international AI startups find difficult to penetrate through conventional sales approaches. The company research focus on edge AI inference for robotics aligns with Japan competitive strengths in manufacturing automation and precision robotics, markets where AI-enhanced robot intelligence is being adopted to address labour shortages and quality requirements that purely mechanical automation cannot satisfy.
Which company was founded first?
Both 1X Technologies and Preferred Networks were founded in the same year — 2014. Despite sharing a founding year, they may have launched at different times within that year, which can matter in fast-moving AI markets.
Which company has more employees?
1X Technologies has approximately 150 employees, while Preferred Networks 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 Preferred Networks competitors?
Yes, 1X Technologies and Preferred Networks 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.