Announced
Completed
Financials
Sources
Tags
Private
Minority
Private Equity
Venture Capital
Domestic
Acquisition
Friendly
Single Bidder
Platinum and Precious Metals
cobalt
battery production
battery materials projects
United States
Completed
Synopsis
T. Rowe Price, a global investment management firm, led a $192m in Series B round in KoBolt Metals, an artificial intelligence powered mineral exploration company, with participation from Canada Pension Plan Investment Board, Standard Investments, BHP Ventures, Mitsubishi, Apollo Projects, and Cleo Capital. “A terrific set of new investors have backed KoBold and our mission to discover the critical materials we need to electrify the economy,” KoBold Metals.
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