Anthony Levandowski lands role in Travis Kalanick's $1.7 billion robotics venture Atoms

Corporate ActionManagement Impact 4
โดย Moneywise.com under the title·Read original
Summary · why it matters

Anthony Levandowski, the former Google engineer pardoned for stealing 14,000 files, has joined Travis Kalanick's robotics company Atoms, which just raised $1.7 billion in a funding round backed by Andreessen Horowitz, Bain Capital, Fifth Wall, and Uber. Kalanick, who was forced out as Uber CEO in 2017, rebranded his real-estate redevelopment firm City Storage Systems into Atoms in March, shifting its focus to robotics for mining and transportation. In April, Atoms acquired Pronto, the heavy-industry automation firm founded by Levandowski, who had been sentenced to 18 months in prison in 2020 for trade-secret theft before receiving a presidential pardon. Kalanick described the Andreessen Horowitz investment as 'a bit of unfinished business' after a failed 2011 deal with Uber, and said Atoms aims to digitize major industrial sectors as an original equipment manufacturer.

Impact on stocks 2

Artificial Intelligence▲ · 1 stocks
Robotics & Physical AI▲ · 1 stocks

Off-coverage companies 5

AtomsPrivate▲ Positive
Capitalrelevance

Atoms raised $1.7 billion in funding from major investors.

ProntoPrivate▲ Positive
Capitalrelevance

Pronto was acquired by Atoms, likely providing an exit for its investors.

Andreessen HorowitzPrivate± Mixed
relevance

Bain CapitalPrivate± Mixed
relevance

Fifth WallPrivate± Mixed
relevance

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