Diligence memo · auto-generated · as of July 2, 2026
KoBold Metals Co
KoBold Metals Co has raised $1.2B over 4 rounds; too few niche peers to rank its valuation yet.
Businessfiled
KoBold Metals Co operates in Mining & Resources, based in Berkeley.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
KoBold Metals Co has raised $1.2B in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).
Largest single filing: $491M on 2024-09-20.
Most recent recorded round closed around 2025-10-30.
Valuation (modeled)modeled
Provath models KoBold Metals Co at approximately $2.3B (range $2.1B–$2.6B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 11 months.
Last raise 8 mo ago; this sector typically re-raises about every 11 months.
Raising on or ahead of the sector's normal rhythm.
The last round was 1.7× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 100% of Mining & Resources peers (701 compared).
Modeled value ranks above 100% of those peers.
Peoplefiled
24 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.