KoBold raised $537M in a funding round co-led by Durable Capital Partners LP and T. Rowe Price to fund new exploration projects and boost research and development.
Amount Raised
$537 Million
Round Type
Funding Round
BerkeleyEnergyArtificial IntelligenceMachine LearningMiningInvestors
Description
KoBold, a US mining startup, secured $537 million to disrupt China's mineral supply chain, with significant investment from Bill Gates and Jeff Bezos. The funding aims to expand and diversify the global supply of critical resources using artificial intelligence for exploration.
Quick answer
KoBold Metals raised $537 Million in a Funding Round round, dated January 2, 2025. Investors: Stepstone, Breakthrough Energy Ventures, T. Rowe Price, Andreessen Horowitz, Bill Gates and Durable Capital Partners LP. KoBold Metals is based in Berkeley, California, United States.
- How much did KoBold Metals raise?
- KoBold Metals raised $537 Million in a Funding Round round on January 2, 2025.
- Who invested in KoBold Metals?
- Stepstone, Breakthrough Energy Ventures, T. Rowe Price, Andreessen Horowitz, Bill Gates and Durable Capital Partners LP are named as investors in this round.
- What does KoBold Metals do?
- KoBold Metals is pioneering Digital Exploration by applying statistical modeling, big data aggregation, and foundational ore-deposit science to materially improve the pace and efficacy of natural resources exploration.
- Where is KoBold Metals based and how big is it?
- KoBold Metals is based in Berkeley, California, United States. Fundz records about 190 employees.
- Who are the decision-makers at KoBold Metals?
- Fundz holds 5 contacts at KoBold Metals, including the Chief People Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Mining around the same time
Companies in the same sectors as KoBold Metals that raised within 45 days of this round, from Fundz verified event records.
- Cursor raised $105M (Funding Round) on January 15, 2025.
- Ikonz Studios raised an undisclosed amount (Pre-Series A) on February 15, 2025.
- Gaia Dynamics raised $1.5M (Pre-Seed) on February 15, 2025.
- VoiceCare AI raised $3.9M (Seed) on February 14, 2025.
- AI-BOB raised $2.1M (Seed) on February 13, 2025.
- Newronika raised $14M (Series B) on February 13, 2025.
Who to call at KoBold Metals, and when
A new round usually means KoBold Metals is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day KoBold Metals raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at KoBold Metals, from your own LinkedIn network
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Related People
KoBold Metals raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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