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Atoms targets robotaxi market after $1.7B funding

Atoms, the new startup from Travis Kalanick, has raised $1.7 billion and is preparing to expand its workforce and make acquisitions to enter the autonomous vehicle industry, according to multiple reports. Uber, Kalanick's former company, invested $100 million in Atoms and has discussed integrating its robotaxi technology. Atoms also acquired Pronto, an autonomous vehicle startup led by Anthony Levandowski. Robotaxis are expected to be a significant focus for Atoms, though not its only area of work.

Why it mattersAtoms signals renewed competition in autonomous ride-hailing, bringing together former Uber leadership and major investments. The involvement of Uber as both investor and potential partner underlines possible shifts in industry alliances.

Sources covering this

TechCrunchTravis Kalanick’s Atoms might be getting into the robotaxi business4:45 PMSiliconANGLEFormer Uber CEO Travis Kalanick is returning to the robotaxi race11:34 PM

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