Watch out, Tesla. Robotics startup 1X has introduced its newest humanoid robot, NEO, designed to autonomously perform household tasks by capitalizing on its ability to walk on two legs and converse using artificial intelligence.

1X is the latest player to try and bring robots into the home, betting on its ostensibly lifelike appearance and its ability to understand verbal commands, grasp objects, and complete chores that only humans could previously perform.

To make this sci-fi vision a reality, 1X announced today that it secured $100 million in Series B funding. This new cash inflow, led by EQT Ventures, is key for the next phase of growth for 1X to seize a leading role in the burgeoning field of domestic robotics.

“We are thrilled that these leading investors are supporting 1X’s mission of safely deploying androids with Smart Behavior into new markets,” Bernt Øivind Børnich, CEO of 1X, said in an official s

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Author: Jose Antonio Lanz

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