Sandwater is proud to announce a new investment into 1X. 1X’s humanoid robots are poised to revolutionize the labor market by providing an alternative to human workers in dangerous or stressful working conditions. As the demographic shift continues and countries worldwide look for solutions to a shrinking labor force, 1X’s robots could also play a key role in addressing labor shortages within healthcare, nursing and other key functions.

1X closed its Series A2 funding round, raising in total $23.5 million. The round was led by the OpenAI Startup Fund. Sandwater also invested alongside Tiger Global, Thursday Ventures, Alliance Ventures, Skagerak Capital and several other investors.