Travis Kalanick Raises $1.7B for Robotics Holding Company Atoms in Andreessen Horowitz-Led Round
Summary
Travis Kalanick secures a massive $1.7 billion in funding led by Andreessen Horowitz for Atoms, his rebranded robotics holding company evolved from Cloud Kitchens, with Uber among investors and ambitions to revolutionize physical world automation across robotics, mining, and heavy industry.
Key Points
- Travis Kalanick's robotics holding company, Atoms, raises $1.7 billion in a funding round led by Andreessen Horowitz, with Ben Horowitz joining the board and participants including Bain Capital, Fifth Wall, and notably Uber.
- Atoms is a rebranded holding company built on Kalanick's ghost kitchen venture Cloud Kitchens, and now includes Pronto, a heavy industry automation company, with ambitions spanning robotics, mining, and physical world automation.
- Kalanick envisions Atoms as a 'wheelbase for robots' aimed at making people more productive in the physical world, drawing parallels to what Uber did for transportation and what computers did for the digital world.