In section Startups & Technology

Travis Kalanick Secures $1.7 Billion for Robotics Venture Atoms

Travis Kalanick is reuniting with his former company, Uber, as the ride-hailing giant joins a $1.7 billion funding round for Atoms, the entrepreneur's latest robotics venture. Led by Andreessen Horowitz, the investment marks a significant pivot for Kalanick, who was ousted from the CEO role at Uber seven years ago.

Travis Kalanick Secures $1.7 Billion for Robotics Venture Atoms

The capital injection brings Ben Horowitz onto the board of Atoms, a company evolved from Kalanick’s previous venture, CloudKitchens. This rebranded holding firm recently acquired Pronto, an industrial automation specialist led by Anthony Levandowski, a former Uber executive. While Kalanick remains vague regarding specific product roadmaps, he describes the company’s mission as a quest to digitize the physical world by integrating software architecture with mechanical engineering.

Kalanick frames the new project as the final chapter in a long-standing ambition to master the intersection of transportation and real estate. Ben Horowitz, endorsing the move on social media, emphasized the necessity of a specific brand of grit to overhaul heavy, traditional economic sectors. For Kalanick, this round represents a return to the operational scale he once commanded at Uber, now redirected toward the development of a "wheelbase for robots."

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