One X's Neo Robots: From Homes to Factories
Update: 2025-12-12
Description
One X, a robotics company, secures a major deal with EQT to supply thousands of its Neo robots for industrial use, marking a shift from its initial consumer-focused strategy. The Neo, initially priced at $20,000, faces challenges in home use due to privacy concerns and safety issues. One X, founded in 2014, has raised over $130 million, with EQT Ventures being an investor.
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