Former Tesla supply chain leaders create Atomic, an AI inventory solution

Tesla famously struggled to scale up production of the Model 3 sedan in 2018 — so much so that CEO Elon Musk said his company was weeks away from collapsing. That near-death experience helped spawn a whole new company called Atomic that’s built around using AI to streamline supply chains. Co-founded by former Tesla employees Michael Rossiter and Neal Suidan, Atomic was created inside DVx Ventures, the firm run by former Tesla president Jon McNeill. Rossiter is also a partner at DVx, which has led a $3 million seed round for Atomic, with Seattle-based Madrona Ventures joining. “Michael and Neil experienced this pain firsthand as leaders at Tesla in the supply chain, and I saw that work first hand — because they worked for me,” McNeill said in an interview with TechCrunch. Atomic plans to deploy its agentic AI with customers to make inventory planning faster and easier. It’s already been working with pilot customers. In one case, the customer was able to cut inventory levels in half w ... Read full article.