1X Technologies vs Preferred Networks
In-depth comparison — valuation, funding, investors, founders & more
🇳🇴 Norway · Bernt Bornich
Valuation
$10B
Total Funding
$237M
150 employees
🇯🇵 Japan · Toru Nishikawa
Valuation
N/A
Total Funding
$350M
100-500 employees
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
| Metric | 1X Technologies | Preferred 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
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
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
Series A
Jan 2020
Series A
Jan 2020
Preferred Networks
No public funding data available.
Investor Comparison
No shared investors detected between these two companies.
Unique to 1X Technologies