Travis Kalanick’s Physical AI Startup Atoms Raises $1.7B, Led by a16z
July 23, 2026
Atoms raised $1.7B led by a16z; Ben Horowitz joins board. Equity partners include Bain Capital, Uber, Fifth Wall, Chemistry, A*, K5 Global, Abstract, SV Angel, Alpha Square Group. Funding coincides with merging Atoms businesses into a single equity structure.
Three divisions: Atoms Food, Atoms Mining, Atoms Transport. Focus on specialized industrial robots rather than general-purpose humanoids. Valuation and Series letter not disclosed.