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Full-Time

Principal Data Scientist

Posted on 6/27/2024

KoBold Metals

KoBold Metals

51-200 employees

AI-driven mineral exploration for clean energy

Data & Analytics
Energy
AI & Machine Learning

Compensation Overview

$225k - $265kAnnually

Expert

Remote in USA

Category
Data Science
Data & Analytics
Required Skills
Data Science
Data Structures & Algorithms
SQL
Data Analysis
Requirements
  • Python's data science packages
  • SQL
  • Cloud computing resources
  • Machine Learning algorithms
  • Geospatial analyses and visualizations
  • Collaborative software development
  • Building predictive models
  • Working with different types of data
  • Applied statistics
  • Advanced degree in physical sciences, engineering, computer science, or mathematics
  • 10 years of post-degree work experience as a data scientist or data engineer
Responsibilities
  • Help develop KoBold’s proprietary software exploration tools
  • Find and curate a wide variety of geospectral, geophysical, geochemical, geologic, and geographic data
  • Build models to predict locations of compositional anomalies
  • Create effective visualizations for evaluating model performance
  • Develop and apply data processing, statistical, and physics-based techniques to geoscientific data
  • Present to and collaborate with external partners and stakeholders

KoBold Metals focuses on discovering new deposits of essential minerals like lithium, cobalt, copper, and nickel, which are crucial for clean energy technologies. The company employs artificial intelligence to enhance the mineral exploration process, making it more efficient and predictable. Their proprietary AI tool utilizes a concept known as Efficacy of Information (EOI) to guide data collection during exploration, helping to reduce uncertainty. KoBold invests over $60 million annually in more than 60 projects across three continents, leading extensive research and development efforts in the field. By aggregating comprehensive data about the Earth's crust's physics and chemistry, they transform mineral exploration into a scientific discipline. Unlike traditional methods, KoBold's approach allows for more accurate and efficient discovery of mineral deposits, which they then sell to clean energy companies, giving them a competitive advantage in the market.

Company Stage

Series B

Total Funding

$410.3M

Headquarters

Berkeley, California

Founded

2018

Growth & Insights
Headcount

6 month growth

12%

1 year growth

41%

2 year growth

148%
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Simplify's Take

What believers are saying

  • KoBold's backing by high-profile investors like Bill Gates and Jeff Bezos provides strong financial stability and growth potential.
  • The company's innovative use of AI and machine learning in mineral exploration positions it at the forefront of technological advancements in the industry.
  • Strategic partnerships, such as those with Midnight Sun and Rio Tinto, expand KoBold's operational footprint and collaborative opportunities.

What critics are saying

  • The high costs associated with extensive R&D and global exploration projects could strain financial resources if returns are not realized promptly.
  • Reliance on AI and machine learning technologies may face challenges related to data accuracy and algorithmic biases.

What makes KoBold Metals unique

  • KoBold Metals leverages proprietary AI tools and the Efficacy of Information (EOI) concept to make mineral exploration more efficient and predictable, setting it apart from traditional methods.
  • The company's multidisciplinary approach and extensive data aggregation on the Earth's crust provide a comprehensive understanding that enhances exploration accuracy.
  • KoBold's significant annual investment in over 60 projects across three continents demonstrates its commitment to leading the world's largest exploration R&D effort.

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