KoBold Metals

KoBold Metals

AI-driven mineral exploration for clean energy

About

KoBold Metals discovers essential minerals like lithium, cobalt, copper, and nickel for clean energy technologies using artificial intelligence. Their proprietary AI tool employs the Efficacy of Information (EOI) concept to optimize data collection and improve exploration efficiency. By investing over $60 million annually in projects worldwide, they lead significant research efforts in mineral exploration. KoBold's goal is to support the clean energy sector by accurately locating and selling valuable mineral deposits.

Company Stage

Series C

Employees

201-500

Industries

Data & Analytics, Energy, AI & Machine Learning

Total Funding

$909M

Headquarters

Berkeley, California

Founded

2018


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Simplify's Take

What believers are saying

  • KoBold raised $537M, planning to convert projects into mining sites.
  • Partnerships with tech giants enhance AI capabilities in mineral exploration.
  • Growing demand for AI-driven tools aligns with sustainable mining practices.

What critics are saying

  • Increased competition from Chinese producers may impact market share.
  • Aggressive expansion in Zambia exposes KoBold to geopolitical risks.
  • Reliance on AI technology could face challenges from technological failures.

What makes KoBold Metals unique

  • KoBold Metals uses AI to discover lithium, cobalt, copper, and nickel deposits.
  • Their proprietary AI tool, Efficacy of Information, reduces exploration uncertainty.
  • KoBold aggregates comprehensive data on Earth's crust for precise mineral exploration.

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Growth & Insights
Headcount

6 month growth

-2%

1 year growth

0%

2 year growth

6%

Benefits

Remote Work Options

Flexible Work Hours

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