QuantLogix Private Company Profile

Back to list

Atoms

Physical automation to transform industry and move the world
Robotics Founded 2016
Current Valuation
$15B
as of 2022
DECACORN
Industrial automation holding company founded by Uber co-founder Travis Kalanick, describing itself as "physical automation to transform industry and move the world." Atoms is City Storage Systems renamed — Kalanick unveiled the new identity in March 2026 after roughly eight years operating in stealth, folding his existing businesses into a single structure spanning food, mining and transport. Its operating units include CloudKitchens (ghost kitchens), Otter (restaurant operating system), Lab37, Picnic and ProFood on the food side, and Pronto AI — the autonomous-haulage startup founded by ex-Uber and ex-Waymo engineer Anthony Levandowski, which Atoms acquired — on the mining side; an unannounced transport division is also flagged. Kalanick frames the company as the third act of a "bits-to-atoms" arc that began at Uber and continued at CloudKitchens, building "atoms-based computers" where manufacturing is CPU, real estate is storage and transportation is the network. In July 2026 Atoms announced a $1.7B equity investment led by Andreessen Horowitz, with Ben Horowitz joining the board; the round's post-money valuation was not disclosed. CloudKitchens had been reported at a $15B valuation by 2022, backed in part by Saudi Arabia's sovereign wealth fund.

Company Profile

CEO
Travis Kalanick
Founded
2016
Last Round
Equity investment (a16z-led) — $1.7B (Jul 2026) · Lead: Andreessen Horowitz (a16z)
IPO Status
private

Fundraising Status

Equity investment (a16z-led) · $1.7B · this month
private

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Equity investment (a16z-led)$1.7BJul 2026Andreessen Horowitz (a16z)

Founders & Key People

Travis Kalanick

Investors

Andreessen Horowitz (a16z) · Bain Capital · Uber · Fifth Wall · Chemistry · A* · K5 Global · Abstract · SV Angel · Alpha Square Group

Products

  • CloudKitchens
  • Otter
  • Lab37
  • Picnic
  • ProFood
  • Pronto AI
Industrial AIPhysical AIRoboticsAutonomous VehiclesMiningFood TechAutomation
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2022. Refreshed quarterly.