Atoms Raises $1.7 Billion to Expand Commercial Kitchen and Robotics Network Across Europe
Atoms, an industrial automation and robotics venture founded by Travis Kalanick, has raised $1.7 billion in a funding round led by venture capital firm Andreessen Horowitz. Other backers in the transaction include Uber, Bain Capital, and Fifth Wall. As part of the deal, Andreessen Horowitz co-founder Ben Horowitz will join the board of directors at Atoms.
The capital injection will bolster the infrastructure of ProKitchens, a unit operating within the food arm of Atoms that supplies flexible, certified commercial kitchen spaces to food businesses. ProKitchens provides facilities across major cities in France, Spain, Italy, Portugal, Poland, and the Netherlands. By reducing upfront capital requirements and providing adaptable lease structures, the platform enables local food brands and manufacturers to launch or scale operations across European markets.
In addition to physical kitchen locations, Atoms plans to direct fresh capital into hardware automation and workflow management technologies aimed at lowering labor friction. Beyond its food operations, which also include CloudKitchens, the group is expanding its technology footprint into autonomous mining vehicles following its acquisition of Pronto, as well as robotic transport systems.
Key points
- Atoms secured $1.7 billion in funding led by Andreessen Horowitz, with participation from Uber, Bain Capital, and Fifth Wall.
- Andreessen Horowitz co-founder Ben Horowitz is joining the board of directors at Atoms.
- The investment will strengthen ProKitchens commercial kitchen infrastructure across France, Spain, Italy, Portugal, Poland, and the Netherlands.
- Funds will also support robotics and hardware automation projects across food, mining, and transport business lines.
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How we writeDisclaimerQuestions and answers
How much money did Atoms raise in its funding round?
Atoms raised $1.7 billion in a funding round led by Andreessen Horowitz, alongside investors such as Uber, Bain Capital, and Fifth Wall.
What is ProKitchens and where does it operate?
ProKitchens provides flexible, certified commercial kitchen spaces for food operators across France, Spain, Italy, Portugal, Poland, and the Netherlands.
Who founded Atoms and what industries does it target?
Atoms was founded by Travis Kalanick. It develops robotics and automation technology across the food, mining, and transport sectors.
