Travis Kalanick's robotics company raises $1.7B, led by a16z

Travis Kalanick’s robotics company, Atoms, has successfully raised $1.7 billion in a funding round that included Andreessen Horowitz and Uber. The company, a rebranding of Kalanick’s previous project CloudKitchens, aims to build a “wheelbase for robots” and digitize the physical world. Kalanick described the funding as “unfinished business” to complete a story arc that began at Uber.

• Travis Kalanick’s robotics company, Atoms, raised $1.7 billion.
• The funding round was led by Andreessen Horowitz, with participation from Bain Capital, Fifth Wall, and Uber.
• Ben Horowitz will join Atoms’ board.
• Atoms is a rebranded holding company built on Kalanick’s previous project, CloudKitchens.
• Kalanick acquired Pronto, an industrial automation company, for Atoms.
• Kalanick stated his goal is to “digitize the physical world” and build a “wheelbase for robots.”
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