tech
Travis Kalanick's robotics company raises $1.7B, led by a16z
Uber is also investing in Travis Kalanick's company Atoms, which has made gauzy claims about using industrial AI to modernize the world.
TL;DR
- Travis Kalanick's robotics company, Atoms, raised $1.7 billion.
- The funding round was led by Andreessen Horowitz, with participation from Bain Capital, Fifth Wall, and Uber.
- Ben Horowitz will join Atoms' board.
- Atoms is a rebranded holding company built on Kalanick's previous project, CloudKitchens.
- Kalanick acquired Pronto, an industrial automation company, for Atoms.
- Kalanick stated his goal is to "digitize the physical world" and build a "wheelbase for robots."