Travis Kalanick’s robotics company raises $1.7B, led by a16z
Summary
Travis Kalanick’s robotics company, Atoms, has secured $1.7 billion in funding led by Andreessen Horowitz, with participation from Bain Capital, Fifth Wall, and Uber. Atoms, formerly known as CloudKitchens, recently acquired Anthony Levandowski's heavy industry automation company, Pronto. Kalanick aims to use the investment to further his vision of digitizing the physical world and building a robotic platform, reuniting with Uber in the process.
(Source:TechCrunch)