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About 1X
Industries
Robotics & Automation
AI & Machine Learning
Company Size
201-500
Company Stage
Series B
Total Funding
$136.8M
Headquarters
Moss, Norway
Founded
2014
Overview
Company Does Not Provide H1B Sponsorship
1X develops androids that mimic human movements and behaviors to assist in various labor tasks. Their main product, EVE, is capable of navigating environments, turning corners, and opening doors through a technology called shared autonomy. This allows the androids to work alongside humans in real-world settings. Unlike many competitors, 1X focuses on creating robots that not only perform tasks but also enhance operational efficiency for enterprises, particularly in the US market. The company aims to address labor shortages and boost productivity by utilizing advanced actuator systems and artificial intelligence in their designs.
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Simplify's Take
What believers are saying
- 1X's expansion into home testing taps into the growing smart home market.
- Recruitment from BMW and Tesla strengthens 1X's precision engineering capabilities.
- The US enterprise market remains a strategic focus for 1X's service robots.
What critics are saying
- Increased competition from Figure AI threatens 1X's market share in the US.
- Meta's advancements in AI-powered robots pose a competitive threat to 1X.
- Agility Robotics' mass production could saturate the market, challenging 1X's edge.
What makes 1X unique
- 1X's androids feature human-like movements, enhancing interaction in real-world applications.
- The company's unique actuator systems offer energy-efficient and lightweight robotic solutions.
- 1X's focus on shared autonomy allows robots to perform complex tasks collaboratively.
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Funding
Total Funding
$136.8M
Above
Industry Average
Funded Over
4 Rounds
Tiger GlobalIndustry standards
Benefits
Relocation Assistance
Growth & Insights and Company News
6 month growth
↓ -2%1 year growth
↓ -10%2 year growth
↓ -10%UPS and Figure AI are reportedly considering a partnership in which the robotics startup’s humanoid robots would perform some tasks in the logistics company’s operations. Discussions between the two companies are ongoing, Bloomberg reported Monday (April 28), citing unnamed sources. UPS said in the report that it wouldn’t discuss potential vendor partners and that it regularly explores a wide range of technologies, including robotics
by Max MaxfieldAs one gets older, one becomes ever more set in one’s ways, and one increasingly uses words like one to refer to oneself. One manifestation of this is that I often find myself responding to things with “canned” replies, as if flying on conversational autopilot mode.Take, for example, when someone says, “So, that’s the plan.” My default retort is, “Let’s call it ‘Plan A’ so no one gets confused.”Alternatively, I might trot out the old chestnut, “If we don’t have a plan, we’re no better than the French!” (but not if I’m conversing with a French person because they famously have no sense of humor… or taste, as evidenced by the fact they foolishly disparage English haute cuisine).These were my only “go-to” rejoinders on the ‘plan’ front … until now. Earlier today, a friend introduced me to a quote attributed to Spike Milligan: “We haven’t got a plan, so nothing can go wrong!”That just made my day (I’m easily amused). I wonder how long it will be before I find a way to work this tidbit of trivia into one of my columns (Oh, wait…).But we digress…My poor old noggin is currently brimming over with ponderings pertaining to artificial intelligence (AI); more specifically, to AI-powered robots and AI-powered holograms. I’ve written about both topics in the last couple of years, but all sorts of new ideas are popping into my head.Before we go there, however, I’d like to share another interesting nugget of knowledge that just sauntered across my sensorium in the form of a design challenge intended to stimulate the commercialization of compelling and commercially viable MEMS devices.I just heard from the folks at MEMS Infinity, who tell me they recently launched their MEMS Infinity Challenge. This is a global design competition that directly encourages the design and production of exceptional new MEMS devices
The dream of having robots do household chores inched a little closer to reality last week. Figure, an OpenAI-backed robotics artificial intelligence (AI) startup, showed off humanoid robots that can understand voice commands and can grab objects they had never seen before. In a Figure video, a guy holding a bag of groceries starts unloading eggs, apple, ketchup, cheese, cookies and other items on a counter
1X said its latest robot, NEO Gamma, marks the next step towards its goal of making humanoids everyday helpers. | Source: 1X Technologies. For humanoid robots to become accepted parts of people’s daily lives, they’ll need to act in a human-like manner. At least, that’s what 1X Technologies AS is betting on today with the release of NEO Gamma, the successor to its NEO Beta humanoid. Companies looking to deploy humanoids in industrial settings can focus on making robots that can effectively perform a number of tasks as efficiently as possible. It’s why Boston Dynamics showed its Atlas robot twisting its arms and legs 180º to lift itself off the floor, an impossible feat for the human body
Meta is reportedly forming a new team that will be devoted to developing artificial intelligence-powered humanoid robots.The team will be within the company’s Reality Labs hardware division, Bloomberg reported Friday (Feb. 14), citing unnamed sources. It will be led by Marc Whitten, the former CEO of General Motors’ Cruise self-driving division, and will add about 100 engineers this year.Meta did not immediately reply to PYMNTS’ request for comment.The company plans to work on its own humanoid robot hardware, with a focus on robots that can perform household chores, as well as AI, sensors, and software that could be used by a variety of companies manufacturing and selling robots, according to the report.Meta Chief Technology Officer Andrew Bosworth wrote in an internal memo, per the report: “The core technologies we’ve already invested in and built across Reality Labs and AI are complementary to developing the advancements needed for robotics.”The company is betting that humanoid robots will not be widely available for a couple of years but that they will be a major focus for Meta and the entire tech industry, according to the report.The report came shortly after news of other companies’ efforts in projects involving robots.It was reported Wednesday (Feb. 12) that Apple is exploring humanoid and non-humanoid robots for smart home applications. The products are in the early proof-of-concept stage at Apple and mass production of any potential Apple robots would likely not start any time before 2028.On Feb. 3, it was reported that robots were among several product lines included in a trademark application filed by OpenAI
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About 1X
Industries
Robotics & Automation
AI & Machine Learning
Company Size
201-500
Company Stage
Series B
Total Funding
$136.8M
Headquarters
Moss, Norway
Founded
2014
1X is Hiring for 50 Jobs on Simplify!
Find jobs on Simplify and start your career today
UI/UX & Design
1 Open Roles
Administrative & Executive Assistance
1 Open Roles
People Also Viewed
Discover companies similar to 1X