KoBold Metals
Founded Year
2018Stage
Series C - II | AliveTotal Raised
$930.5MValuation
$0000Last Raised
$537M | 5 mos agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+4 points in the past 30 days
About KoBold Metals
KoBold Metals focuses on mineral exploration using advanced technologies in the mining and metals sectors. The company utilizes artificial intelligence, comprehensive data aggregation, and geoscience to manage mineral discovery. It serves sectors that require critical minerals for clean energy technologies. It was founded in 2018 and is based in Berkeley, California.
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KoBold Metals's Product Videos
ESPs containing KoBold Metals
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
Battery metal mining tech refers to the technology and processes used to extract metals such as lithium, cobalt, and nickel from the earth for use in batteries. This market is driven by the increasing demand for batteries in electric vehicles and renewable energy storage. Companies in this market focus on developing more efficient and sustainable mining methods to meet the growing demand for batte…
KoBold Metals named as Leader among 15 other companies, including Hydro Extrusions, Albemarle, and EnergyX.
KoBold Metals's Products & Differentiators
Terreashed & Machine Prospector
We don't individually sell a product to any paying customer. KoBold is, in a way, a sophisticated real estate play. We use are technology to determine where potential mineral reserves are. We then acquire the mining rights to those properties, validate the claim and then bring in a mining partner to help develop the property. We then split the profits. We're also brought into existing properties and claims as a partners. We form a new joint venture, split ownership of the stake and what it produces and then use our technology to rapidly accelerate discovery
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Research containing KoBold Metals
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned KoBold Metals in 3 CB Insights research briefs, most recently on Apr 17, 2023.
Apr 11, 2022
The top 100 AI startups of 2021: Where are they now?Expert Collections containing KoBold Metals
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
KoBold Metals is included in 6 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
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Energy Storage
5,352 items
Companies in the Energy Storage space, including those developing and manufacturing energy storage solutions such as lithium-ion batteries, solid-state batteries, and related software for battery management.
AI 100
100 items
Winners of CB Insights' 5th annual AI 100, a list of the 100 most promising private AI companies in the world.
Job Site Tech
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Companies in the job site tech space, including technologies to improve industries such as construction, mining, process engineering, forestry, and fieldwork
AI 100 (2024)
100 items
Artificial Intelligence
7,212 items
KoBold Metals Patents
KoBold Metals has filed 39 patents.
The 3 most popular patent topics include:
- drilling technology
- oil wells
- petroleum production
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
2/16/2022 | 10/1/2024 | Particle experiments, Particle physics, Fermilab experiments, Mass spectrometry, Neutrino observatories | Grant |
Application Date | 2/16/2022 |
|---|---|
Grant Date | 10/1/2024 |
Title | |
Related Topics | Particle experiments, Particle physics, Fermilab experiments, Mass spectrometry, Neutrino observatories |
Status | Grant |
Latest KoBold Metals News
Jan 14, 2025
In a remarkable move, the billionaire duo — Bill Gates and Jeff Bezos — have joined forces, pumping $537 million into mining ventures targeting rare metals across Africa. KoBold Metals, a US mining start-up backed by investors including Microsoft’s Bill Gates and Amazon’s Jeff Bezos, has raised $537 million in its latest Series C funding round, as it seeks to become a key player in the race for lithium, cobalt, platinum, and other critical minerals crucial for the energy transition. According to the company, the new investment, which is about half of the $1 billion raised to date, will finance new exploration, help advance “high-potential” projects to production, and bolster research and development. This provides the African countries with the opportunity to generate significant revenue by tapping into the growing demand for rare metals. The Berkeley, California-based company, said its latest funding round valued KoBold at $2.96 billion, having drawn financing from existing investors, such as Andreessen Horowitz Growth, BOND, Gates’ Breakthrough Energy, Mitsubishi Corporation or Standard Investments, as well as new investors StepStone Group and WCM Investment Management. KoBold is involved in nearly 60 explorations projects across three continents, including a vast copper in Zambia, Africa’s second-largest copper producer, discovered last year. The Democratic Republic of Congo (DRC), Africa’s top copper producer, also stands to benefit significantly from this discovery. KoBold uses artificial intelligence (AI) to find deposits of minerals, aiming to create a “Google Maps” of the Earth’s crust.
KoBold Metals Frequently Asked Questions (FAQ)
When was KoBold Metals founded?
KoBold Metals was founded in 2018.
Where is KoBold Metals's headquarters?
KoBold Metals's headquarters is located at 64 Shattuck Sq, Berkeley.
What is KoBold Metals's latest funding round?
KoBold Metals's latest funding round is Series C - II.
How much did KoBold Metals raise?
KoBold Metals raised a total of $930.5M.
Who are the investors of KoBold Metals?
Investors of KoBold Metals include Andreessen Horowitz, Breakthrough Energy, Bond, Lightspeed Venture Partners, Durable Capital Partners and 15 more.
Who are KoBold Metals's competitors?
Competitors of KoBold Metals include Azure Minerals and 5 more.
What products does KoBold Metals offer?
KoBold Metals's products include Terreashed & Machine Prospector.
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Compare KoBold Metals to Competitors
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