Kobold Metals is an AI-powered critical mineral startup paving the way for a future where critical minerals are sourced more efficiently, sustainably, and ethically. At the core of Kobold Metals' approach is its AI-powered mineral exploration platform, which uses a vast array of data sources — from geological surveys to satellite imagery — to model and predict where undiscovered mineral deposits are likely to be found. The platform integrates machine learning algorithms that analyze this data to generate high-confidence targets for exploration.
Kobold Metals has raised $491 million of a targeted $527 million round, aiming for a $2 billion valuation in this latest round. The startup’s previous investors include prominent figures such as Bill Gates, Jeff Bezos, Jack Ma, Andreessen Horowitz, and Breakthrough Energy Ventures.
Kobold Metals, Berkeley, California, United States, was founded in 2018 by Jeff Jurinak, Josh Goldman, and Kurt Zenz House. In 2023, the company joined the unicorn club. Kobold Metals exemplifies how technology and innovation can intersect to solve some of the world's most pressing challenges, making it a key player in the race for critical minerals and the push toward a sustainable future.
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