EQT Venture led a $100m Series B funding round in 1X.

EQT Venture, a venture capital business of Swedish investment manager, led a $100m Series B funding round in 1X, a Norwegian AI and robotics company, with participation from Sandwater, Skagerak Capital, Samsung NEXT, and Nistad. “This is the first time we are able to offer a payout to our dedicated team. Their contributions have been pivotal to our success. As we embark on this exciting new chapter, we look forward to continuing to recognise and reward the efforts of our team, both past and future. Let's continue to innovate and lead our industry,” Bernt Øivind Børnich, 1X CEO.