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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 leads on 2 of 4 metrics

1X Technologies

2 wins

-Funding
+Awaira Score
+Team Size
=Experience

Preferred Networks

1 win

+Funding
-Awaira Score
-Team Size
=Experience

Key Numbers

Valuation
$820M
N/A
Total Funding
$137M
$308M
Awaira Score
82/100
72/100
Employees
150
100-500
Founded
2014
2014
Stage
Series B
Series B
1X TechnologiesPreferred Networks
Winner
1X Technologies logo
1X Technologies

🇳🇴 Norway · Bernt Bornich

Series BAI RoboticsEst. 2014

Valuation

$820M

Total Funding

$137M

Awaira Score82/100

150 employees

Full 1X Technologies Profile →
Preferred Networks logo
Preferred Networks

🇯🇵 Japan · Toru Nishikawa

Series BAI RoboticsEst. 2014

Valuation

N/A

Total Funding

$308M

Awaira Score72/100

100-500 employees

Full Preferred Networks Profile →
Market Context

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

Total Rounds2
Avg. Round Size$61.8M
Funding Span1.7 yrs

Preferred Networks

Total Rounds2
Avg. Round Size$66M
Funding Span3.6 yrs

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

Metric1X TechnologiesPreferred 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

1X Technologies logo

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
Preferred Networks logo

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

$23.5M

Series B

Jun 2021

Lead: SoftBank Vision Fund 2

$100M

Preferred Networks

Series B

May 2019

Lead: Mizuho Financial Group

$117M

Series A

Oct 2015

Lead: Toyota Motor Corporation

$15M

Investor Comparison

No shared investors detected between these two companies.

Unique to 1X Technologies

Postgres InvestmentSpartan CapitalSoftBank Vision Fund 2

Unique to Preferred Networks

Mizuho Financial GroupFANUCToyotaToyota Motor Corporation

Users Also Compare

FAQ — 1X Technologies vs Preferred Networks

Is 1X Technologies bigger than Preferred Networks?
1X Technologies has a disclosed valuation of $820M, 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 $308M, compared to 1X Technologies's $137M — a gap of $171M. Combined, the two companies have completed 4 known funding rounds.
Which company has a higher Awaira Score?
1X Technologies leads with an Awaira Score of 82/100, while Preferred Networks sits at 72/100. That 10-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
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, backed by investors including the OpenAI Startup Fund and Tiger Global. 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, 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 launched in 2014. Same year, but even a few months' head start matters in AI — early movers lock in data, talent, and customer relationships fast.
Which company has more employees?
1X Technologies has about 150 employees; Preferred Networks has about 100-500. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are 1X Technologies and Preferred Networks competitors?
Yes — they're direct rivals. Both 1X Technologies and Preferred Networks compete in AI Robotics, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

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.

Deep Dive