XLIO Expands to Austin with $100 Million Funding
News related to:XLIO Ventures · 2 min read
AUSTIN, Texas, Nov. 10, 2026 /CourierPR/ -- XLIO Ventures, a global startup builder, has secured an additional $100 million, bringing its total available funding facility to $150 million. The funds will be deployed to build Made to Order startups for leading technology companies, enabling the company to run more Made to Order engagements in parallel and extend the model into new sectors and geographies.
CEO Ron Kornfeld will lead the new Austin office, located at 801 Barton Springs Rd, Austin 78704, Texas. The move is strategic, as Austin's vibrant startup ecosystem, with a record $7.19 billion in venture funding in 2025, up 64.8% from 2024, according to Crunchbase, offers deep engineering talent and a steady stream of experienced founders. Kornfeld, who previously led the company's expansion into Europe, sees Austin as a key location for XLIO's Made to Order model.
Made to Order is a unique approach that allows organizations to access new technology by defining their exact needs. XLIO then funds and builds a dedicated startup to deliver the required technology, located and incorporated wherever best suits the client. Once the company hits agreed key performance indicators (KPIs) within one to three years, the client acquires both the team and technology. Deals typically range from $10 million to $50 million.
"The Austin startup economy is vibrant," Kornfeld said.
XLIO Ventures, founded in 2020 and headquartered in London and Seattle, has been working with technology vendors and other large organizations that build advantage by investing in their own proprietary technology. The company's expansion into Austin is part of its ongoing efforts to support clients in accessing the latest technological advancements through tailored startup solutions.
The new funding allows XLIO to run more Made to Order engagements in parallel and to extend the model into both new sectors and geographies. Austin's startup economy has deep roots, with IBM, Texas Instruments, and Motorola opening operations in the city between 1967 and 1974, and Dell being founded in the city in 1984. Their early presence built the engineering talent base that later drew the headquarters of companies such as Tesla to the region and now feeds a new generation of startups.
"Austin's startup economy is vibrant," said Ron Kornfeld, CEO of XLIO Ventures.
The Austin office, at 801 Barton Springs Rd, Austin 78704, Texas, puts XLIO close to the engineering talent, founders, and corporate buyers that Made to Order is designed for. Austin-based startups raised a record $7.19 billion in venture funding in 2025, up 64.8% on 2024, according to Crunchbase. This growth in the startup ecosystem aligns with XLIO's strategic vision to support clients in accessing the latest technological advancements through tailored startup solutions.
The expansion into Austin is part of XLIO's broader strategy to support clients in accessing the latest technological advancements through tailored startup solutions. The company's focus on Made to Order allows clients to define their exact needs and have a dedicated startup built to meet those requirements, providing a more efficient and targeted approach to acquiring new technology.