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Who will be Kobold Metals' main competitor by end of 2024?
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AI-powered Kobold Metals Raises $491M in Critical Mineral Funding Round
Oct 7, 2024, 03:30 PM
AI-powered critical mineral startup Kobold Metals has raised $491 million in a new funding round, according to filings. The round, which targets $527 million, could value the company at over $2 billion. Kobold Metals uses machine learning to identify large deposits of various metals, crucial for the energy transition. The company has already seen significant success, including a massive copper discovery in Zambia earlier this year. The news was reported by TechCrunch.
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