AI BriefingAtoms Raises $1.7 Billion Led by a16z
Key point
Travis Kalanick's industrial automation company Atoms has raised $1.7 billion in a round led by a16z.
Details
Atoms, Travis Kalanick's rebranding of CloudKitchens, has raised $1.7 billion in a round led by a16z, with participation from Bain Capital, Fifth Wall, and Uber.
Building on its acquisition of industrial automation company Pronto, Atoms presents a vision of building 'atoms-based computers' that digitize the physical world across robotics, manufacturing, and mining.
a16z's Ben Horowitz will join the board.
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