1X Technologies to raise $23.5 million in Series A2 funding round led by the OpenAI Startup Fund, joined by Tiger Global and Norway-based investors.

1X technologies, an Oslo, Norway-based robotics manufacturer, announced raising a series A2 investment round closed at $23.5 million.

The money was raised from investors led by the OpenAI Startup Fund, joined by Tiger Global and a consortium of Norway-based investors, including Sandwater, Alliance Ventures, and Skagerak Capital.

Proceeds will be used for business expansion, as the company has plans for building a new bipedal android model called NEO, as well as scale manufacturing of its first commercially available android EVE in Norway and North America.

1X technologies, founded as Halodi Robotics in 2015 by CEO Bernt Børich, was started by developing a consumer robot helping the elderly and disabled stay at home longer. In parallel, the company sold robots to research institutions to test them for other purposes. In the past years, the company expanded the scope of its robots and developed the North American market where it says it sold in the range of hundred product units.

Prior to this deal, 1X raised roughly $15 million - a $10 million round in 2021 from investors led by Valinor AS and including strategic partners from some of the company's customers - the American ADT Commercial, the Italian packaging company Altopack and the Norwegian tech retail developer Strong Point, as well as a $3 million angel round closed at the end of 2019, from locals including Christian Rokseth, Jakob Hatteland Holding and Lars Helge Helvig thorugh Valinor.