We are pleased to announce a significant milestone in Xpanner’s growth journey. Following exclusive coverage by Mary Ann Azevedo via Crunchbase, we are proud to share that Xpanner has successfully raised a total of $38M to date. This capital infusion marks a pivotal step in our mission to redefine the construction industry through Physical AI. This funding will be strategically deployed to enhance our AI capabilities and accelerate the global adoption of AaaS (Automation as a Service). Every deployment on a new site further optimizes our platform’s intelligence, delivering unparalleled operational efficiency to our customers. We extend our gratitude to Mary Ann Azevedo and the Crunchbase team for their in-depth coverage of our progress. 🔗 Read the full exclusive report in the comments below. #Xpanner #PhysicalAI #AaaS #FundingNews
Very interesting company: Xpanner, a startup automating construction work through robotics and physical AI technology, has raised $18M in a Series B round, the company tells Crunchbase News exclusively. Its flagship product, X1 Kit, retrofits existing 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. Xpanner is refreshingly transparent about its financials. The company grew revenue from $3 million in 2023 to $7 million in 2024 to $21 million in 2025, according to CFO and co-founder Ryan Joohan Park. It saw $8 million in revenue and $1 million in EBIT (earnings before interest and taxes) in the first quarter of 2026. Read more in the article link in the comments