Travis Kalanick's Atoms raises USD 1.7 billion in a16z-led funding round; Ben Horowitz joins board
New Delhi, July 24 -- Robotics firm Atoms has secured a USD 1.7 billion equity investment led by a16z, with co-founder Ben Horowitz joining its board, as the company consolidates multiple businesses under a unified Atoms equity structure, Travis Kalanick said.
Kalanick shared the development via his official X account, stating Goldman Sachs and JPMorgan are among the banks lending to the start-up as part of the deal.
"ATOMS is announcing a $1.7B equity investment with lead investor a16z and Ben Horowitz joining the board. As part of this investment we have merged our various businesses into one Atoms equity structure," he said.
He further stated, the launch of ATOMS, following years of stealth development, generated significant interes...
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