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Uber backs former CEO Travis Kalanick’s Atoms in $1.7-billion funding deal
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Uber backs former CEO Travis Kalanick’s Atoms in $1.7-billion funding
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Uber backs former CEO Travis Kalanick’s Atoms in $1.7-billion funding deal
Uber backs former CEO Travis Kalanick’s Atoms in $1.7-billion funding deal.
Travis Kalanick's Robotics Company Raises $1.7 Billion in Funding Round Led by a16z
Travis Kalanick's robotics company, Atoms, has raised $1.7 billion in a funding round led by Andreessen Horowitz. The investment will help Atoms expand into industrial AI. Ben Horowitz, a partner at Andreessen Horowitz, will join Atoms' board following the investment. Bain Capital, Fifth Wall, and others also participated in the round. Uber, the company Kalanick co-founded, also joined the funding round, re-establishing a connection with the company that pushed him out as CEO in 2017. The funding will be used to further develop Atoms' technology and expand its operations into industrial AI. The investment is a significant milestone for Atoms, which aims to revolutionize the robotics industry. With this funding, Atoms is well-positioned to achieve its goals and make a significant impact in the industry.
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