# XSQUARE Technologies

> XSQUARE Technologies is a Singapore-based intralogistics company that builds autonomous forklifts and the Xymphony warehouse orchestration software to automate warehouses without requiring reconfiguration. Founded in 2019 and backed by Goldbell Group's four decades of material-handling expertise, XSQUARE pairs its own line of AGVs with an AI-driven control layer, offered largely through a Robots-as-a-Service subscription model. Its clients include Coca-Cola, GSK and Katoen Natie, and it raised S$10.5 million in Series A funding in May 2024 led by Wavemaker Partners.

- **Founded:** 2019
- **Headquarters:** Singapore
- **Founders:** Keith Kee (Co-founder / executive (listed as CEO in some records))
- **Team size:** ~20 employees (about 75% in AI and robotics R&D)
- **Products:** Xymphony, Bumblebee XV, Springer FX, Fortress RX, Sideswipe MX
- **Notable:** Raised S$10.5M Series A in May 2024 led by Wavemaker Partners., Deployed autonomous forklifts and a warehouse orchestration system with Coca-Cola Singapore., Signed a co-development and global distribution partnership with Mitsubishi Logisnext.

## Products & services

- **Xymphony** — An intelligent warehouse orchestration platform that acts as the central control system for a robot fleet while integrating with third-party equipment such as conveyors, cargo lifts, mobile racking, WMS and ERP - enabling 24/7 operation and AI-driven workflow optimisation.
- **Bumblebee XV** — Autonomous high-lift stacker rated for 1.4T-2T loads.
- **Springer FX** — Autonomous sit-on reach truck rated for 1.2T-2T loads; deployed with customers including Coca-Cola Singapore.
- **Fortress RX** — Autonomous electric forklift for heavier duty, handling 2T-8T loads.
- **Sideswipe MX** — Autonomous very-narrow-aisle (VNA) truck rated at 1.5T for high-density storage.
- **Robots-as-a-Service (RaaS)** — Subscription-based commercial model that lets companies deploy XSQUARE automation with little or no upfront capital expenditure.

## Achievements

- Raised S$10.5M Series A in May 2024 led by Wavemaker Partners.
- Deployed autonomous forklifts and a warehouse orchestration system with Coca-Cola Singapore.
- Signed a co-development and global distribution partnership with Mitsubishi Logisnext.
- Has supplied Katoen Natie with autonomous forklifts since 2019.
- AGVs reported to run about 20% faster than existing solutions.
- Built a full product line of four autonomous forklift types plus the Xymphony orchestration platform.

## Latest updates

- **2024-05** — Closed S$10.5M Series A led by Wavemaker Partners, with SEEDS Capital and Goldbell Corporation, to fund regional expansion and AI-powered R&D.
- **2024-02** — Coca-Cola Singapore launched five XSQUARE autonomous forklifts and a warehouse orchestration system at its regional concentrate plant.
- **2024-01** — Announced partnership with Mitsubishi Logisnext to co-develop AGVs and distribute products globally.

## Links

- Website: https://www.xsquaretechnologies.com
- LinkedIn: https://www.linkedin.com/company/xsquaretechnologies

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Profile page: https://yespress.io/xsquare-technologies
Published by YesPress — https://yespress.io
Last updated: 2026-07-24