Overview

• Norwegian startup 1X has raised $100 million in a Series B funding round, bringing its total funding to $125 million.
• The funding will be used to bring 1X's second-generation android, NEO, to the consumer market.
• NEO is designed to perform everyday tasks in consumers' homes, addressing global labor shortages.
• 1X's first android, EVE, is used in factories and businesses for tasks like opening doors and operating keypads.
• 1X plans to use the funding to hire new talent and ramp up its manufacturing capabilities, aiming to produce hundreds of androids per month.