Construction‑tech startup Xpanner closed an $18 million Series B round, bolstering its mission to address the United States' $700 billion construction bottleneck. The company’s autonomous machinery combines high‑margin hardware with a subscription‑based software layer that delivers near‑zero marginal costs once equipment is deployed. Co‑founder, CFO and CSO Ryan Park highlighted that the model generates software economics from hardware, allowing gross margins to stay above 80 percent while scaling revenue through incremental subscription fees.

The infusion of capital will fund U.S. expansion, additional R&D on robotic arms and AI‑driven site analytics, and the rollout of a fleet management platform for contractors. Market observers note that Xpanner’s approach could reshape labor‑intensive construction processes, improve safety, and reduce project timelines. With infrastructure spending on the rise, the company is positioned to capture a significant share of a market desperate for productivity gains.

This story was written by a language model from reporting by Tech Funding News. Check the original before quoting it.