Norwegian AI and robotics company 1X has today announced the successful completion of an EQT Ventures-led $100 million Series B funding round that will see the company scale production and deployment of its androids.
As part of the round, 1X also conducted a secondary transaction to ensure stock option liquidity for eligible team members. Existing investors Sandwater and Skagerak Capital participated in the transaction alongside new investors Samsung NEXT and Norwegian investment firm the Nistad group.