KoBold Metals Secures $537M Series C Funding to Accelerate Critical Mineral Exploration with AI

KoBold Metals Secures $537M Series C Funding to Accelerate Critical Mineral Exploration with AI

Berkeley-based startup KoBold Metals, backed by high-profile investors like Bill Gates and Jeff Bezos, has raised $537 million in its Series C funding round. This latest investment brings KoBold’s valuation to $2.96 billion, marking a significant step forward in its mission to secure critical minerals essential for the global energy transition. The funding round was co-led by T. Rowe Price and Durable Capital Partners, with participation from ex…

Billionaire Backed Mining Start-Up KoBold Metals Valued at US$2.96B

Billionaire backed mining start up, KoBold Metals, has successfully raised US$537M in its latest funding round, positioning itself as a trailblazer in the quest for critical minerals essential for the energy transition. The billionaires in question include some of the biggest household names, including Jeff Bezos and Bill Gates. The Berkeley based company uses artificial intelligence to locate deposits of minerals like copper, lithium, and nicke…

Gates, Bezos-backed KoBold Metals raises US$537M in race for critical minerals - The Northern Miner

KoBold Metals has raised US$537 million in its latest funding round as it seeks to become a key player in critical minerals needed for the energy transition. Supported by investors such... The post Gates, Bezos-backed KoBold Metals raises US$537M in race for critical minerals appeared first on The Northern Miner.

AI-powered mining startup KoBold Metals secures $537m in funding

KoBold Metals, the US-based mining startup backed by billionaires Bill Gates and Jeff Bezos, has raised $537m in a Series C funding round.The post AI-powered mining startup KoBold Metals secures $537m in funding appeared first on Mining Technology.