Atoms Raises $1.7B in Funding

Atoms, led by Travis Kalanick, raised $1.7 billion in equity and debt financing.

Andreessen Horowitz led the round, with Uber and other investors also participating.

The company will use the capital to expand automation tools for labor-intensive sectors like restaurants, mining, and transportation.

Atoms operates seven business units, many of which grew out of City Storage Systems.