KoBold Metals, founded in 2018 and headquartered in Berkeley, California, has raised a total of $938 million across three major funding rounds, reaching a $1.15 billion valuation. The company secured $201 million (Series B) in 2022, $200 million (Series C) in 2023, and $537 million (Series D) in 2024, backed by investors such as T. Rowe Price, Andreessen Horowitz, Breakthrough Energy, and BHP. Using its AI-powered Machine Prospector platform, KoBold Metals accelerates global exploration for critical minerals like nickel, copper, and lithium essential for clean energy systems.