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TechCrunch Mobility: Uber bets on its former CEO

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Key summary

2 min read
  1. Uber joined a $1.7 billion funding round for Travis Kalanick's Atoms, alongside Andreessen Horowitz and other investors.

  2. Atoms is a holding company focused on robotics and mobility projects, giving Kalanick fresh capital to expand into the sector.

  3. The investment is notable because it suggests a thaw in the relationship between Uber and its former CEO after a contentious split.

  4. It also comes against the backdrop of Uber's history of legal and strategic battles over self-driving technology, including the Waymo dispute.

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