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Travis Kalanick's Atoms secures $1.7B funding; Ben Horowitz joins

in5points
  1. Atoms, founded by Travis Kalanick, secured a $1.7 billion equity investment led by a16z.

  2. Ben Horowitz, co-founder of a16z, joined Atoms' board.

  3. The deal consolidates multiple businesses under Atoms.

  4. Debt financing came from Goldman Sachs and JPMorgan.

  5. The funding supports growth of the robotics firm.

Travis Kalanick's Atoms secures $1.7B funding; Ben Horowitz joins · in5points