Atoms Secures $1.7 Billion to Boost European Food Delivery

Atoms, a company specializing in robotics and industrial automation, has secured $1.7 billion in a funding round. This investment was led by Andreessen Horowitz, with participation from Uber and other key investors. This substantial funding aims to enhance the infrastructure behind ProKitchens in several European countries including France, Spain, and Italy.

Founded by Travis Kalanick, Atoms plans to accelerate its developments in the food, mining, and transport sectors. The investment will strengthen ProKitchens, a network of commercial kitchens, allowing them to provide ready-to-fit spaces with flexible contracts. This alleviates the initial financial burdens for businesses looking to expand or test new markets.

The new funds will also focus on improving operational efficiency through automation in these kitchen spaces, benefiting food entrepreneurs and manufacturers. With these advancements, local F&B brands can enhance efficiency and reliability, facilitating quicker business scaling.