Earlier this summer, Travis Kalanick’s Atoms announced a $1.7 billion funding round led by Andreessen Horowitz. But even after raising that mega round, the Uber founder remained a bit cagey about what he was actually aiming to do.
Now a story in the Financial Times offers more details about Atoms’ goals. The startup is reportedly preparing for a hiring spree, as well as acquisitions, that could make it a major player in the autonomous vehicle industry.
In fact, the FT said Atoms has talked to Uber about how the ride-hailing company could use the startup’s robotaxi technology. (Uber has already partnered with a long list of autonomous vehicle companies.) The report also noted that Uber has invested $100 million in Atoms — a figure previously confirmed by TechCrunch.
While sources emphasized that robotaxis don’t represent the entirety of Atoms’ plans, this direction seems consistent with Kalanick’s description of the round as “unfinished business.”
It also fits with Atoms’ acquisition of Pronto, an autonomous mining startup led by Uber’s former self-driving chief Anthony Levandowski. (Levandowski was convicted of stealing trade secrets and sentenced to 18 months in prison, but was then pardoned by President Donald Trump.)
Source: TechCrunch
