Travis Kalanick's robotics company raises $1.7B, led by A16Z
9 hours ago
- Travis Kalanick's robotics company Atoms raised $1.7 billion in a funding round led by Andreessen Horowitz, with Ben Horowitz joining the board.
- Uber participated in the funding round, reconnecting Kalanick with the company he founded and was ousted from in 2017.
- Atoms is a rebranded holding company based on Kalanick's previous project, Cloud Kitchens, and he has acquired Pronto for heavy industry automation.
- Kalanick aims to expand into mining and beyond, though he did not disclose specific plans for Atoms in his public statements.
- The funding will focus on building 'atoms-based computers' and making people more productive in the physical world via AI and robotics.