A mining and artificial intelligence start-up backed by Bill Gates and Jeff Bezos has raised $537mn in its latest funding round, as it seeks to become a key player in the race for the critical minerals needed for the energy transition.
Berkeley-based KoBold Metals said its series C funding round valued the company at $2.96bn, and was co-led by existing investor T Rowe Price, which has been joined by Durable Capital Partners.
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