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AI mineral explorer KoBold raises $537M

Part of the funding for Mingomba project in Zambia

Isabeau van Halm
The Mingomba site in Zambia.

The Mingomba site in Zambia. | Credits: KoBold Metals

KoBold Metals said it raised US$537 million in its Series C funding round, co-led by existing investors T Rowe Price and Durable Capital Partners. According to KoBold, around 40% of the new funding...

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