Xpanner is a physical-AI and robotics company automating construction sites. Its flagship product, the X1 Kit, retrofits existing construction equipment with hardware and software that enable autonomous operation. Customers subscribe to task-specific automation licenses such as piling, material handling, trenching, and grading through Xpanner's Automation-as-a-Service (AaaS) model. Originally founded in South Korea in 2020, the company moved its headquarters to the U.S. in 2023. Xpanner grew revenue from $3M in 2023 to $21M in 2025 with gross margins above 80%. In May 2026 it raised an $18M Series B bridge round led by existing backer Korea Investment Partners with participation from KB Investment, bringing total funding to $38M.
Xpanner
ActiveAutomation-as-a-Service that retrofits construction equipment with autonomous AI
Total raised
$18M
1 round
Stage
Series B
May 2026
Team
51-200
since 2020
Pricing
Freemium
free plan
Founded
2020
Santa Fe Springs, United States
Agent-ready
—
X1 Kit equipment retrofit hardware
Autonomous piling, trenching, and grading
Automation-as-a-Service subscription model
Task-specific automation licenses
Physical AI for heavy machinery
Material handling automation
Works with existing equipment fleets
Remote autonomous operation
10/100
Early
MCP server
Public API
Webhooks
OAuth 2.0
SDKs
No public agent surfaces detected yet.
May 2026 Series B $18M incl. KB Investment +1
Capital network
$38M raised ·2 backers·8 network links
- Backers2
- Shared portfoliocompanies these backers also fund
- Extended networkfunds that co-invest alongside them
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- What does Xpanner do?
- It retrofits existing construction equipment with robotics and physical AI to enable autonomous operation, sold via a subscription model.
- What is the X1 Kit?
- The X1 Kit is Xpanner's retrofit hardware and software package that makes existing equipment autonomous.
- How much has Xpanner raised?
- Xpanner has raised $38M total, including an $18M Series B bridge in May 2026 led by Korea Investment Partners.
- Is Xpanner profitable?
- The company reported reaching monthly break-even in 2025 with gross margins above 80%.
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