1X Technologies vs Preferred Networks
Side-by-side on valuation, funding, investors, founders & more
Comparison updated: April 2026
1X Technologies is valued at $820M — more than 3x Preferred Networks's N/A.
Head-to-Head Verdict
1X Technologies
2 wins
Preferred Networks
1 win
Key Numbers
🇳🇴 Norway · Bernt Bornich
Valuation
$820M
Total Funding
$137M
150 employees
🇯🇵 Japan · Toru Nishikawa
Valuation
N/A
Total Funding
$308M
100-500 employees
Both companies compete in the AI Robotics space, though from different geographies — 1X Technologies in Norway and Preferred Networks in Japan. Both are at the Series B stage, meaning they face similar scaling challenges and investor expectations.
Analyst Summary
Built from real data · Updated April 2026
Companies
In the AI Robotics market, 1X Technologies and Preferred Networks represent two distinct approaches. 1X Technologies is a Norwegian robotics company founded in 2014 that develops humanoid robots designed for physical automation tasks, backed by investors including the OpenAI Startup Fund and Tiger Global. 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 & Valuation
Only 1X Technologies has a public valuation on record ($820M); Preferred Networks's has not been disclosed. Both have attracted significant capital — Preferred Networks with $308M and 1X Technologies with $137M.
Growth Stage
Founded the same year (2014), 1X Technologies and Preferred Networks have operated on parallel timelines. At Series B, both face the same set of scaling challenges typical of that funding stage. Team sizes also differ: 1X Technologies employs 150 people versus Preferred Networks's 100-500.
Geography & Outlook
Based in 🇳🇴 Norway and 🇯🇵 Japan respectively, 1X Technologies and Preferred Networks tap into different talent markets and regulatory environments. 1X Technologies holds a moderate edge on Awaira's composite score (82 vs. 72), driven by stronger fundamentals in funding and growth metrics. Under Bernt Bornich and Toru Nishikawa respectively, both companies continue to chart aggressive growth paths.
Funding Velocity
1X Technologies
Preferred Networks
Funding History
1X Technologies has completed 2 funding rounds, while Preferred Networks has gone through 2. 1X Technologies's most recent round was a Series A of $23.5M, compared to Preferred Networks's Series B ($117M). Both are currently at the Series B stage.
Team & Scale
Team sizes are in the same ballpark: 1X Technologies has about 150 people and Preferred Networks has around 100-500. Both companies were founded in 2014. Geographically, they're in different markets — 1X Technologies operates out of Norway and Preferred Networks from Japan.
Metrics Comparison
| Metric | 1X Technologies | Preferred Networks |
|---|---|---|
💰Valuation | $820M | N/A |
📈Total Funding | $137M | $308MWINS |
📅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 $171M more ($308M vs $137M)
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 ($820M)
- ✓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, backed by investors including the OpenAI Startup Fund and Tiger Global
Choose Preferred Networks if…
- ✓Stronger investor backing — raised $308M
- ✓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 $137M across 2 rounds. Preferred Networks raised $308M across 2 rounds.
1X Technologies
Series A
Mar 2023
Series B
Jun 2021
Lead: SoftBank Vision Fund 2
Preferred Networks
Series B
May 2019
Lead: Mizuho Financial Group
Series A
Oct 2015
Lead: Toyota Motor Corporation
Investor Comparison
No shared investors detected between these two companies.
Unique to 1X Technologies
Unique to Preferred Networks
Users Also Compare
Explore Further
FAQ — 1X Technologies vs Preferred Networks
Is 1X Technologies bigger than Preferred Networks?▾
Which company raised more funding — 1X Technologies or Preferred Networks?▾
Which company has a higher Awaira Score?▾
Who founded 1X Technologies vs Preferred Networks?▾
What does 1X Technologies do vs Preferred Networks?▾
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Bottom Line
1X Technologies edges ahead with an Awaira Score of 82, but Preferred Networks (72) isn't far behind. The gap is narrow enough that it could shift with the next funding round.
Who Should You Watch?
1X Technologies has a slight edge on paper, but Preferred Networks isn't far behind. The AI space moves fast — today's underdog can be tomorrow's category leader. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.