OpenAI-Backed Humanoid Maker Gets $100 Million in EQT-Led Round

  • EQT Ventures leads investment to bring android NEO to market
  • Norway’s 1X competes in crowded space for humanoid robots
The NEO android.Source: 1X
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Norwegian AI robotics startup 1X Technologies AS raised $100 million to bring to market its second-generation android robot, NEO, that it says can help humans with everyday domestic tasks.

The proceeds from the latest equity round, with EQT Ventures as lead investor, are going to be used for bringing NEO to the market, 1X said on Thursday.