Funding round
KoBold Metals Series B
KoBold Metals, which works in critical mineral exploration and development in Berkeley, raised $193M in a Series B round announced on 16 Feb 2022. It is KoBold Metals' first venture round on record.
$193M
Amount raised
Not disclosed
Post-money valuation
Valuation
What this round says about the price
KoBold Metals did not disclose a valuation in this round. It is KoBold Metals' first venture round on record, 4 years after it was founded in 2018. It is 16% of the $1.22B KoBold Metals has raised in the venture rounds on record. KoBold Metals raised again 32 months later: a Growth round of $492M in Oct 2024, at $2.00B post-money.
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations.
- Scaling operations
Comparable rounds
How it compares
The closest in time: Series B rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 7 Feb 2022 | $200M | $1.45B | Kora and SoftBank Vision Fund |
| Amber Group Investment Consultants & Financial Advisors | 25 Feb 2022 | $200M | $3.00B | Temasek |
| Tech Companies | 7 Feb 2022 | $200M | $1.45B | Kora and SoftBank Vision Fund |
| Market Research & Opinion Polling | 1 Feb 2022 | $180M | $850M | Permira |
| Shipping Couriers | 15 Feb 2022 | $170M | $1.50B | Tiger Global |
| Wayflyer Loans & Financing | 1 Feb 2022 | $150M | $1.60B | DST Global and QED Investors |
| Industrial Machinery & Supplies | 15 Feb 2022 | $132M | $270M | Reliance Industries |
| Graphic Design | 9 Feb 2022 | $131M | not disclosed | Mizuho Bank |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did KoBold Metals raise in its Series B round?
KoBold Metals raised $193M in its Series B round, announced in Feb 2022.
What was KoBold Metals' valuation at the Series B round?
It was not disclosed.
Did KoBold Metals raise again after this round?
Yes: a Growth round in Oct 2024 of $492M at $2.00B post-money.