# KoBold Metals

> KoBold Metals is a Berkeley-based mineral exploration company that uses artificial intelligence, data science, and geophysics to find the copper, lithium, cobalt, and nickel deposits the energy transition will require. Founded in 2018, it has raised roughly $1 billion from investors including Breakthrough Energy Ventures, Andreessen Horowitz, T. Rowe Price, Bill Gates, and Jeff Bezos, and is developing the Mingomba copper project in Zambia, called the country's largest copper discovery in a century.

- **Founded:** 2018
- **Headquarters:** Berkeley, California, United States
- **Founders:** Kurt House (Co-founder & CEO), Josh Goldman (Co-founder & President), Jeff Jurinak (Co-founder)
- **Team size:** ~310 employees
- **Products:** Machine Prospector, TerraShed, Exploration & development projects
- **Notable:** Discovered the Mingomba copper deposit, called Zambia's largest in 100 years., Built a portfolio of 70+ exploration projects across four continents., Reached a $2.96B valuation in 2025.

## Products & services

- **Machine Prospector** — An AI-driven exploration platform that integrates geological, geochemical, geophysical, and historical data to forecast where economic mineral deposits are most likely to occur.
- **TerraShed** — A proprietary data system that aggregates and standardizes decades of public and proprietary geoscience data into a single queryable model.
- **Exploration & development projects** — Direct operation of greenfield and brownfield exploration projects, including the flagship Mingomba copper project in Zambia, plus partnerships across four continents.

## Achievements

- Discovered the Mingomba copper deposit, called Zambia's largest in 100 years.
- Built a portfolio of 70+ exploration projects across four continents.
- Reached a $2.96B valuation in 2025.
- Backed by Bill Gates, Jeff Bezos, Jack Ma, Andreessen Horowitz, BHP, and Equinor.
- Featured Harvard Business School case study.

## Latest updates

- **2025-11** — Additional venture funding raised, continuing to expand exploration portfolio.
- **2025-01** — Closed $537M Series C at $2.96B valuation.
- **2024** — Broke ground on $2.3B Mingomba copper mine in Zambia; first copper targeted for early 2030s.

## Links

- Website: https://koboldmetals.com
- LinkedIn: https://www.linkedin.com/company/koboldmetals
- Twitter/X: https://twitter.com/KoBold_Metals
- Facebook: https://facebook.com/koboldmetals/

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Profile page: https://yespress.io/kobold-metals
Published by YesPress — https://yespress.io
Last updated: 2026-05-19