Bill Gates, Jeff Bezos And Jack Ma Fund $200 Million Round For KoBold Metals A Company Using AI To Improve Mining Of Rare Earth Metals Crucial For EVs
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Fri, June 23, 2023 at 11:06 AM
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Breakthrough Energy Ventures, backed by Bill Gates, Jack Ma and Jeff Bezos, recently led a $200 million funding round for KoBold Metals. Other investors included Andreessen Horowitz, and Bond Capital.
KoBold is using artificial intelligence (AI) to improve mining for the metals needed for electric vehicles (EVs). The Breakthrough Energy Ventures (BEV) fund invests in innovative and high-impact clean energy technologies that can combat climate change. Its mission is to accelerate the transition to a carbon-neutral future and support a range of industries, including energy storage, transportation and agriculture. ...
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