1X is an AI and robotics company with seriously high-tech ambitions: the Norwegian company is on a mission to produce safe, advanced androids on a commercial scale. 1X imagines a world where these humanoids can work next to humans, combatting the labor shortage while bringing advanced data collection techniques into the fold.

So in this environment, where everyone from big bank experts to concerned grandmothers are raving about AI, it’s no surprise that 1X’s Series B funding round attracted some serious names, from Skagerak Capital to the Nistad group.

EQT Ventures and other global investors joined the Series B round, which saw 1X secure $100 million (Nkr 1.07 billion). Existing investor Sandwater made the round’s third-biggest contribution, increasing its stake in a secondary transaction. Add in 1X’s $25 million Series A funding round last March, and the company has now raised around $125 million in under a year.

The injection will be primarily funneled into the development of 1X’s NEO, a second-generation humanoid with muscle-like anatomy, as well as financing the creation’s first foray into the consumer market.