KoBold Metals

KoBold Metals is a developer of machine prospector technology that facilitates a search for cobalt ore locations digitally. KoBold Metals is a mineral exploration company using AI to explore for the metals we need for our transition to a low-carbon economy. KoBold’s business is discovering, defining, expanding, and developing mineral resources, and KoBold’s objective is to achieve a step-change improvement in exploration success: we aim to discover more tier 1 resources, faster, and with fewer failures. KoBold has a global portfolio of more than 50 exploration properties targeting nickel, copper, cobalt, and lithium, which range from 100%-owned to partnerships with both majors, junior explorers, and prospectors. Our team includes the best of the industry in exploration geoscience, data science, software engineering, operations, and business personnel. Prior to joining KoBold, KoBold team members have made nearly 20 discoveries. Our exploration programs are co-led by our geoscientists and data scientists, who develop exploration hypotheses, rigorously quantify uncertainty in our understanding of the subsurface, and design data collection programs that most effectively reduce uncertainty, drawing upon a large suite of proprietary exploration technology built by our data scientists and software engineers. Our field programs validate and improve the system and have demonstrated material improvements over conventional exploration methods. KoBold is privately held and our investors include: institutional asset managers T. Rowe Rice and Canada Pension Plan Investments; technology venture capitalists Andreessen Horowitz, Bill Gates’s Breakthrough Energy Ventures, BOND Capital, Standard Investments, and Sam Altman’s Apollo Projects; and leading natural resources companies Equinor, Mitsubishi, and BHP.