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Using AI to help find key minerals for energy transition, KoBold Metals raises nearly $500 million
Photo Credit: KoBold Metals Earlier this year, KoBold Metals discovered what may be one of the largest high-grade copper deposits ever discovered, and is expected to produce hundreds of thousands of tons per year, the company's CEO said. Now, just eight months later, KoBold is close to raising more than half a billion dollars. The funding will help the company develop its vast copper resources while advancing dozens of other exploration projects. The mineral discovery startup has raised $491 million and is targeting a $527 million funding round, according to the U.S. Securities and Exchange...- 2.3k
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