1X Partners with EQT to Launch Humanoid Robots for Industrial Use
In a significant move for the robotics industry, 1X recently announced a strategic partnership with EQT, a prominent Swedish multi-asset investor. This collaboration aims to distribute thousands of 1X’s cutting-edge humanoid robots, specifically the Neo model, to EQT’s extensive network of portfolio companies.
The Scope of the Partnership
The agreement, unveiled on Thursday, entails the shipment of up to 10,000 Neo humanoid robots from 2026 to 2030. EQT boasts over 300 portfolio companies, predominantly in sectors like manufacturing, warehousing, and logistics. This partnership not only marks a major milestone for 1X but also highlights the growing demand for robotic solutions in industrial settings.
1X has informed TechCrunch that it will negotiate individual contracts with each interested portfolio company under the EQT umbrella. This tailored approach ensures that the deployment of the Neo robots is optimized for various industry needs.
Focus on Humanoid Robotics
What makes this partnership particularly intriguing is the unique positioning of the 1X Neo. Unlike many competitors in the humanoid space, such as Figure, the Neo has primarily been promoted as a consumer-friendly robot designed for home use—touted as the "first consumer-ready humanoid robot." This pivot towards industrial applications represents a strategic shift for the company.
While 1X does have an industrial model, identified as Eve Industrial, the current focus remains squarely on the Neo humanoid.
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The Neo’s Home Capabilities
When 1X opened preorders for the Neo, priced at $20,000, it emphasized the robot’s domestic capabilities. Promotional materials highlighted the Neo’s ability to perform various household chores and interact with family members. However, the practicality of such a robot in homes remains debatable, particularly when considering the substantial price tag, which inherently limits its potential consumer base.
Industrial Use Cases: A Different Strategy
The industrial context for deploying the Neo indicates a strategic adaptation to market realities. Selling humanoid robots for personal use poses inherent difficulties, particularly given the price and privacy concerns associated with the Neo. Notably, the robot allows 1X operators to view its surroundings via its "eyes," a factor that could deter potential customers.
In contrast, industrial applications may provide a more straightforward avenue for adoption. Industries are often more receptive to robotic solutions that improve efficiency and productivity rather than focusing solely on consumer-use in homes.
Safety and Public Perception
Despite the promise that humanoid robots hold, several challenges remain unaddressed. Concerns regarding safety in households—especially around children and pets—are significant. Various experts in the robotics field suggest that widespread adoption of humanoid robots in home settings could be a decade away, given these safety and stability concerns.
1X has not disclosed specific preorder figures for the Neo; however, representatives mentioned that demand "far exceeded" initial expectations, suggesting a stronger-than-anticipated interest in the robot’s capabilities.
1X: A Background Overview
Founded in 2014, 1X has rapidly positioned itself as a leader in humanoid robotics, securing more than $130 million in venture capital. Notable investors include EQT Ventures, Tiger Global, and the OpenAI Startup Fund. This financial backing not only fuels the development of innovative technologies but also enhances the company’s capability to execute large-scale partnerships like the one with EQT.
As the robotics landscape continues to evolve, 1X’s strategic choices and partnerships will play a pivotal role in shaping the future of humanoid robotics in both consumer and industrial markets.
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