Perhaps the most striking detail of the round: Uber itself participated, investing roughly $100 million . The ride-hailing giant effectively reinvested in the founder it ousted in 2017, signaling a rapprochement and a bet on Kalanick's industrial AI vision
. Kalanick framed the round as "a bit of unfinished business. Fuel to complete the bits-to-atoms story arc we started at Uber, continued at CloudKitchens, and will now finish at Atoms"
.
Gupta served as Uber's finance chief from 2013 until July 2017, departing weeks after Kalanick resigned as CEO . After leaving Uber, he spent time at Opendoor and then co-founded venture firm A* in 2020
. At A*, Gupta said the firm made the largest investment in its history into Atoms before he decided to leave the firm and take on the operating role
. Gupta said he was betting on "the person, not the market"
, and that Atoms represented a chance to apply his experience to a company working in mining, food, and transportation
.
Gupta is the latest in a string of Uber alumni joining Atoms. The company, launched in March 2026 , has been described by observers as Kalanick "putting the band back together"
. Former senior Uber operators have filled key roles at the startup, mirroring the tight-knit leadership culture of Uber's early hyper-growth years
. The Atoms leadership team also includes Anthony Levandowski, widely regarded as one of the pioneers of autonomous vehicles
.
Kalanick's overarching narrative for Atoms is a "bits-to-atoms" thesis: applying software and AI (bits) to control and automate physical systems (atoms) . The company operates across three target verticals:
Atoms is structured as a holding company for several of Kalanick's ventures, and the $1.7 billion raise effectively unified those businesses under one roof with a mandate to scale commercial operations in heavy industry . No valuation, revenue, or headcount has been disclosed
.