Merritt Hummer’s Post

Today, we're announcing a $1.7B equity investment in Atoms, led by Andreessen Horowitz. As part of this round, our operating businesses have merged into one Atoms equity structure. At Atoms, we’re on a mission to build physical automation to transform industry and move the world. If you look around, everything is grown or mined, manufactured and moved. That is industry - the large-scale, organized production of the things civilization runs on. Mining, construction, heavy transport, food production. Trillion-dollar sectors that have gone barely a generation without a genuine technological transformation. That is about to change. The impetus is Industrial AI - systems of software, sensors, robotics, and AI that automate the operations of entire industrial sectors. Industrial AI is what will power the next industrial revolution. Atoms is the OEM for atoms-based computers across the industries that move the physical world: - Atoms Food - infrastructure for better food. - Atoms Mining - more productive mines to power earth’s industries. - Atoms Transport - wheelbase for robots. For eight years, we've been building quietly. This round is fuel for the next phase - more machines, more deployments, more of the hardest problems in the physical world attacked at once. This is going to take builders with vision, grit, systems thinking, resilience, and a fighting spirit. Nature is going to throw everything it has at the builders in this new industrial age and it’s going to take humanity’s strongest to stay the course and get these complex systems and industries over the finish line. Thank you to Andreessen Horowitz and our capital partners for backing the progress machines we build to power this next industrial revolution. If you’re looking for a challenge, come join the team. Link in comments. -- Bain Capital Ventures (BCV), Uber, Fifth Wall, A*, Chemistry, K5 Global, Abstract, SV Angel, Alpha Square Group