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3 clusters · 5 sources · 16 days · First seen · Last updated

Atoms funding and industrial automation expansion

Overview

Atoms, a robotics and industrial automation company co-founded by Travis Kalanick, has secured $1.7 billion in a funding round. The investment was led by Andreessen Horowitz, with additional participation from Uber, Bain Capital, and Fifth Wall. As part of the agreement, Ben Horowitz, co-founder of Andreessen Horowitz, will join the Atoms board.

The capital is designated to expand the ProKitchens network, which provides automated, ready-to-fit commercial kitchen infrastructure across several European cities, including Paris, Marseille, Lille, Lyon, Madrid, Barcelona, Milan, Lisbon, Warsaw, and Amsterdam. This initiative aims to reduce labor friction and capital burdens for food and beverage brands through flexible contracts and improved workflow management. Additionally, the company plans to expand hardware automation across KitchenBASE locations in the Asia-Pacific region, covering Hong Kong, Singapore, Taiwan, Japan, Korea, and Australia. Within the Atoms Food division, funding will support hardware projects such as automated bowl-builders and order conveyance robots.

Beyond the food sector, Atoms intends to use the funding to accelerate development in the mining and transport industries. This includes the expansion of Atoms Mining, which focuses on autonomous haulage and machine systems, as well as the development of Atoms Transport.

Entities

Uber · Travis Kalanick · Atoms · Andreessen Horowitz · ProKitchens

Timeline

  1. [BUSINESS] 2 sources
    Atoms raises $1.7 billion for robotics expansion in Asia-Pacific

    Travis Kalanick’s Atoms raised $1.7 billion in funding led by Andreessen Horowitz to expand robotics and automation across KitchenBASE commercial kitchen sites in the Asia-Pacific region.

  2. [BUSINESS] 2 sources
    Atoms raises $1.7 billion to expand robotics and automation

    Atoms, founded by Travis Kalanick, raised $1.7 billion led by Andreessen Horowitz to expand its robotics and automation efforts in the food, mining, and transport sectors across Europe.

  3. [BUSINESS] 2 sources
    Atoms secures $1.7 billion to expand ProKitchens automation in Europe

    Robotics firm Atoms has secured $1.7 billion in funding to expand its ProKitchens automated kitchen infrastructure across France, Spain, Italy, Portugal, Poland, and the Netherlands.

Sources

frozenfoodeurope.com · livenews.co.nz · newspatrolling.com · redes-sociales.com · vir.com.vn

This summary has been updated 1 time: see revision history