Industry Briefing
A single destination for timely, editor-curated robotics news from around the world.
Travis Kalanick's Atoms Secures $1.7 Billion Funding Led by Andreessen Horowitz
Travis Kalanick's robotics venture, Atoms, has successfully raised $1.7 billion in a funding round led by Andreessen Horowitz, with Ben Horowitz joining the board. Notably, Uber participated in this round, marking a reconnection between Kalanick and the company he founded, which ousted him as CEO in 2017 due to various controversies. This funding is significant as it represents Kalanick's ambition to expand Atoms beyond its origins in ghost kitchens, with plans to delve into heavy industry automation and potentially mining. The investment is seen as a continuation of Kalanick's vision to digitize the physical world, leveraging software to enhance productivity in various sectors. Looking ahead, Kalanick has hinted at building a “wheelbase for robots” with Atoms, although specific plans remain undisclosed. The involvement of prominent investors like Andreessen Horowitz suggests a strong belief in Kalanick's capabilities to innovate within traditional industries, making this a development to watch closely in the robotics and automation landscape.
AI Fundraising Venture a16z Andreessen Horowitz robotics
Autonomous vehicle hype is back, and Humble Robotics is bringing it to freight
The autonomous vehicle industry is experiencing a resurgence reminiscent of the 2016 hype cycle, with renewed interest and investment. Travis Kalanick, the co-founder of Uber, is re-entering the scene by establishing a robotics company, signaling a shift in focus within the sector. As competition intensifies, companies are engaged in fierce talent wars, vying for skilled professionals to drive innovation. Investment is pouring back into the market, echoing the financial enthusiasm seen in previous years. This revitalization is attracting individuals who have previously navigated the industry's ups and downs, suggesting a blend of experience and fresh ideas may shape the future of autonomous technology.
Startups Transportation autonomous vehicles Equity podcast Eyal Cohen Humble RoboticsRobotics needs a service framework.
RSF defines a common language for robot service capability, lifecycle operations, certification pathways, and service-provider networks.
