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Xpanner Raises $18M in Series B Bridge Funding led by Korea Investment Partners to expand operations and development efforts.

PRIVATEMay 18, 2026•3 months ago

Amount Raised

$18 Million

Round Type

Series B

CaliforniaConstructionIndustrial Automation

Investors

Kb Investment Co.Korea Investment Partners Co.

Description

Xpanner, a construction automation company based in Santa Fe Springs, CA, raised $18M in Series B bridge funding. The round was led by Korea Investment Partners Co., with participation from KB Investment Co. This funding will be used to expand operations and development efforts. The total amount raised to date is $38M.

Company Information

Company

Xpanner

Location

California, United States

About

Xpanner is a construction automation company that specializes in developing construction site automation through robotics and Physical AI. The company offers an Automation-as-a-Service (AaaS) model, providing field-proven solutions to enhance productivity, safety, and quality on job sites. Their flagship product, the X1 Kit, integrates SDM and retrofit hardware with task-specific automation licenses, delivering innovative solutions for piling and material handling. Xpanner has seen significant growth in the U.S. market since its expansion in 2023.

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Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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