Travis Kalanick closes a $1.7 billion round for Atoms as a16z bets big on physical AI
Travis Kalanick's industrial robotics company Atoms raised $1.7 billion led by a16z on July 22, 2026, one of the largest robotics rounds of the year. The company, which operated in stealth for nearly eight years, spans autonomous mining, logistics, and food robotics across 110+ cities. The raise signals a major bet on physical AI infrastructure at a moment when the sector is shattering every prior funding record.