Travis Kalanick's ATOMS Secures $1.7 Billion to Develop Advanced Robotics Solutions
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- RoboticsBusinessReview.com
ATOMS, a robotics startup founded by Travis Kalanick, has successfully raised $1.7 billion in equity investment. This funding aims to support the development of robots designed to enhance productivity across various industries, including food infrastructure and mining operations.
The significance of this investment lies in Kalanick's vision to create robots that provide value to their owners and society. ATOMS plans to serve as an OEM, focusing on 'atoms-based' computing solutions tailored for industrial applications. Notably, Uber, Kalanick's former company, participated in this funding round, marking a reconnection with its co-founder.
Looking ahead, ATOMS intends to innovate in the field of physical automation, with plans to develop specialized robots capable of performing significant tasks. Kalanick has emphasized the need for customized solutions in industrial settings, suggesting that while humanoid robots may excel in domestic environments, specialized robots will be essential for high-demand operations like large-scale food production. No further timeline was disclosed at the time of publication.
Original report
Uber co-founder raises $1.7B for new robotics startup ATOMS
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