1X Raises $100M in Series B Funding for Home Robotics
Norway-based AI startup 1X has secured a significant $100M in Series B funding, following a previous $23.5M Series A funding round led by OpenAI. This demonstrates the company’s rapid growth and the growing interest in home robotics solutions.
From Science Fiction to Reality
In 2014, 1X, formerly known as Halodi Robotics, introduced their first android named EVE, which focused on logistics and security. Now, with their new android NEO, 1X is entering the challenging field of domestic robotics.
NEO: The Next-Generation Android
NEO is a lighter and more advanced version of its predecessor, designed specifically for navigating home environments. With two legs instead of wheels, NEO can access hard-to-reach areas, making it ideal for domestic tasks. The robot prioritizes safety by incorporating a soft layer over its aluminum core and avoiding potential risks.
OpenAI and NVIDIA Drive 1X’s Growth
1X’s partnership with OpenAI and NVIDIA has been crucial to its development. OpenAI’s involvement began before the release of ChatGPT, providing validation and access to advanced AI technologies. NVIDIA’s software has enabled 1X to scale its AI applications for NEO.
A Blend of Human Expertise and AI
Training NEO involves cloning human behavior and thought processes into the machine. Human operators use VR headsets to control the robot, transferring human actions and thoughts into its system. This approach aims to develop AI models with a deep understanding of the world, necessary for the unpredictable nature of home environments.
The Future of Home Robotics
The recent $100M Series B funding, led by EQT Ventures and with contributions from investors like Samsung Next, will enable mass production of NEO. The pricing details for NEO are yet to be revealed, but 1X’s CEO assures that it will be competitively priced compared to existing systems in the market.
Hot Take: Revolutionizing Home Robotics with 1X
1X’s vision extends beyond creating a household robot. They aim to tackle complex AI challenges by leveraging the abundant data available in home settings. With over 50 operational robots collecting data, 1X is poised to make a significant impact on the world of home robotics, potentially transforming our daily interactions with robots.
By
By
By