Atoms
Atoms55
About
What does Atoms do?
Atoms Inc. is a new robotics startup founded by Travis Kalanick, the billionaire co-founder of Uber Technologies Inc. The company is built upon the assets of City Storage Systems Inc., which Kalanick founded in 2016, and is also expected to absorb Pronto AI Inc., a venture-backed autonomous driving startup. The focus of Atoms is on robotics, likely leveraging the expertise from its acquired entities in logistics, storage, and autonomous technology. (formerly ["City Storage Systems Inc."].)
What is Atoms's revenue?
StartupHub estimates Atoms's annual revenue at $773.0M (range $152.3M to $1.4B, 34% confidence), based on comparable companies in the sector.
What is Atoms's valuation?
StartupHub estimates Atoms's effective valuation at $13.1B (range $8.5B to $20.4B, 23% confidence), based on comparable companies in the sector.
How much funding has Atoms raised?
Atoms has raised a total of $3.4B in funding. The most recent round on record is Funding Round.
Where is Atoms headquartered?
Atoms is headquartered in Los Angeles, United States.
When was Atoms founded?
Atoms was founded in 2021.
What industry does Atoms operate in?
Atoms operates in Robotics, Artificial Intelligence, Autonomous Vehicles, Logistics, AI, Industrial Automation.
Atoms's mining division, built on the acquisition of Pronto, directly competes with Caterpillar's autonomous haulage systems for improving productivity and safety in mining operations.
Heidelberg Materials is an existing customer of Atoms's Pronto autonomous haulage system, deploying it across more than 100 trucks at over a dozen operations worldwide.
Rio Tinto, a major global mining group, would be an ideal client for Atoms's autonomous haulage systems to enhance efficiency and safety in its large-scale mining operations, aligning with Atoms's focus on industrial automation.
BHP, one of the world's largest mining companies, could leverage Atoms's specialized industrial robots for its mining division to improve productivity and automate complex tasks in its extensive operations.
McDonald's could utilize Atoms's automated kitchen systems to deliver consistent, affordable meals at scale and streamline its food preparation and delivery processes.
Yum! Brands, with its portfolio of large fast-food chains, could benefit from Atoms's robotics for food to automate kitchen operations and reduce costs in its numerous locations.
Amazon, with its vast logistics and transportation network, could integrate Atoms's autonomous wheelbase platforms and transport robotics to enhance efficiency and automation in its warehouses and delivery services.
Buyer fit inferred by StartupHub from what Atoms sells and public signals about each company. Only rows badged "already a customer" are confirmed relationships.
Komatsu could acquire Atoms to integrate its advanced autonomous haulage systems and expand its offerings in industrial automation and robotics for mining and construction.
Caterpillar would gain Atoms's expertise in retrofitting existing heavy machinery with autonomous technology, strengthening its position in the autonomous mining and construction equipment market.
Uber, as an existing investor in Atoms, could acquire the company to re-integrate Travis Kalanick's vision for physical AI and leverage Atoms's transport and logistics automation for future delivery and mobility services.
Precedent: Acquired Postmates, 2020
Siemens could acquire Atoms to enhance its industrial automation and digitalization portfolio with specialized robotics and AI solutions for the food, mining, and transport sectors.
Precedent: Acquired Supplyframe, 2021
Honeywell would gain Atoms's industrial robotics and AI capabilities to expand its automation solutions for various industries, including logistics and materials handling.
Precedent: Acquired Intelligrated, 2016
Strategic fit inferred by StartupHub from each buyer's own acquisition history. No deal, approach or discussion is implied.
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An entrant is a company tagged Robotics whose domain was first registered in the window, counted from registry records in the StartupHub directory. 2 of them registered in the last 30 days. Registry detection runs two to three weeks behind registration, so recent weeks are a floor.
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