Travis Kalanick’s Atoms secures $1.7 billion from a16z, Uber, others to expand into industrial AI

Short summary

Travis Kalanick's robotics firm Atoms raised $1.7 billion led by Andreessen Horowitz, with participation from Uber and others, to expand industrial AI capabilities. Atoms focuses on automation for mining, transport, and food production, and acquired self-driving startup Pronto to bolster its portfolio. The funding marks a major bet on industrial AI automation.

• •Atoms raises $1.7B led by a16z for industrial AI
• •Acquires self-driving startup Pronto
• •Targets mining, transport, and food production automation

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