1X supplies 10,000 NEO robots to EQT portfolio companies by 2030
1X announced a strategic partnership with EQT to make up to 10,000 NEO robots available across portfolio companies by 2030.
Evidence notes
- The deployment focuses on industrial applications, including manufacturing and logistics, rather than home use.
- 1X's shift in strategy reflects challenges in the home robotics market, emphasizing safety and privacy concerns.
- 1X is a humanoid robotics company developing NEO, a soft, tendon-driven home robot designed for safe interaction in everyday environments.
Company context
1X is a humanoid robotics company developing NEO, a soft, tendon-driven home robot designed for safe interaction in everyday environments. OpenAI Startup Fund led a 1X funding round in 2023. Formerly known as Halodi Robotics (rebranded in 2023).