1X x EQT Humanoid Deployment

EQT Ventures is the venture capital arm of [EQT AB](https://eqtgroup.com), a Swedish global investment organization. Founded in 2016, it manages three funds totaling over €2.3B and makes minority equity investments in European and US technology companies. Notable physical-AI portfolio investments include [1X](/companies/1x) (humanoid robots), [Einride](/companies/einride) (autonomous electric trucks), [Wandelbots](/companies/wandelbots) (robotic software), and Standard AI (retail computer vision).

1X Technologies (formerly Halodi) is a Norwegian-Estonian humanoid robotics company developing NEO — a general-purpose home humanoid robot. Founded by Bernt Børnich. Raised $100M Series B. Backed by OpenAI Startup Fund. NEO designed for home use: bipedal walking, human-like manipulation, safe around humans. Developing own world model for [Embodied intelligence](/companies/embodied-intelligence). Headquartered in Oslo with engineering in Estonia.