Bill Gates-backed Breakthrough Energy Ventures supports KoBold’s cobalt quest
KoBold Metals uses artificial intelligence and 'machine prospecting' techniques to search for likely locations of cobalt ore.
“KoBold’s Machine Prospector technology combines never-before-used datasets with conventional geochemical, geophysical, and geological data in statistical association models to identify prospects,” CEO Kurt Zenz House says on the company’s website.
KoBold Metals' quest to find new sources of cobalt, a key ingredient in lithium-ion batteries, has received high-profile backing from Breakthrough Energy Ventures, the $1 billion innovation fund spearheaded by Microsoft co-founder Bill Gates.
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