1X raises $100M Series B led by EQT Ventures

1X

1X raised $100 million Series B led by EQT Ventures, with the OpenAI Startup Fund among earlier backers, bringing total funding to ~$125 million. The capital supports NEO development and go-to-market expansion for its home humanoid robot.

• $100 million Series B led by EQT Ventures; total funding now ~$125 million.
• NEO is Apptronik's home humanoid designed to address labour shortages.
• Humanoid form fits environments built by and for humans, avoiding retrofitting costs.
• Funds support embodied AI enhancement and go-to-market acceleration for NEO.