KoBold Metals Stock: Exploring a Future IPO

Explore the potential to own KoBold Metals stock before the IPO. Get access to select pre-IPO AI startups like Databricks, OpenAI, and Anthropic via the Fundrise Innovation Fund. 

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Notable KoBold Metals News

01/01/2025: KoBold Metals Raises $537 Million
10/31/2024: Greenland faces one of history’s great resource rushes
10/07/2024: KoBold Metals raises $491M
08/02/2024: KoBold Is Eyeing a $2 Billion Valuation in New Round
Older news…

About KoBold Metals

KoBold Metals is a mining exploration company deploying advanced technology and artificial intelligence (AI) to discover deposits of high-demand metals like lithium, cobalt, copper, and nickel. These metals are crucial for supplying the electric vehicle (EV) future. 

The company is building the world’s largest collection of geoscience information. KoBold Metals builds data models using aerial data collection methods to understand sub-surface geological conditions. It uses statistics and AI to assign probabilities of the existence of large metal deposits. 

Exploration costs have increased, and yields have decreased over the past several decades because the so-called low-hanging fruit of the world has already been mined. Yet the demand for these metals is expected to rise in the decades to come. 

KoBold Metal’s efforts and technology can greatly increase the chances of finding deposits, thereby minimizing the drilling and mining costs required to verify deposits. 

The company is currently exploring more than 60 locations on three continents. Notable exploration sites include Greenland, Western Australia, Zambia, and northern Quebec. 

But it is not a traditional mining company. It doesn’t extract minerals. Instead, it purchases land it deems rich with resources and then partners with traditional mining companies for more rigorous exploration and extraction. 

KoBold Metals partnered with Stanford University to develop a proprietary computer platform for building underground models and analyzing geological data. Its partnership with Silicon Valley’s most prestigious university helps to attract premium talent and venture capital investors. 

Here’s a fascinating scientific presentation by KoBold Metals founder Dr. Kurt House at Stanford University in February 2023. 

Ownership

KoBold Metals is a venture-backed private company. Its investors include founders, employees, high-profile tech leaders, and multiple venture capital firms.

The company has raised more than $408 million since its founding in 2018. The last round was a Series B, raising $195 million, completed in March 2023. 

Prominent venture capital investors include Durable Capital Partners, T Rowe Price, CPP Investments, Bond Cap, BHP Ventures, Mitsubishi, Apollo Projects (Sam Altman), Cleo Capital, Breakthrough Energy (Bill Gates), Andreessen Horowitz, Equinor, Earthshot Ventures, July Fund, Standard Industries, John Zimmer (Lyft), Jack Ma (Alibaba), Scott Belsky, Jeff Bezos, Michael Bloomberg, Ray Dalio, David Rubenstein, Reid Hoffman, and Sir Richard Branson.

Funding Rounds

WordPress Data Table Plugin

Valuation

The KoBold Metals valuation is $2.96 billion based on the announcement of the Series C completion on January 1st, 2025. 

This was part of the round reported in September 2024, raising $491 million of a planned $527 million. The round ended at a $537 raise as reported by Bloomberg.

The company was reportedly seeking a $2 billion valuation after the close of the Series C round, according to a Wall Street Journal report in August 2024. This increased by about $1 billion due to high demand. 

IPO Potential

The KoBold Metals IPO date is unknown. It’s an early-stage company in a very long lifecycle business.

However, CEO Josh Goldman told CNBC in March 2024 the company “plans to list shares publicly in the next three to four years”: 

We do expect in due course that being a public company is likely going to be the best way to finance the business.

Mining exploration requires significant upfront investments. Returns on those investments can take a decade or more, especially for an exploration company exploring barren land with little to no existing infrastructure.

When KoBold finds a viable metal deposit, it will still take many years of investment and ramping up before it can sell any outputs.  

KoBold’s youth means it has experienced limited financial benefit from its investments and partnerships so far. It will take many more years to become a company with predictable growth, revenue, and profits — attributes Wall Street wants in an IPO candidate. 

Patient deep-pocketed investors have been willing to provide financing to support the global race to reduce climate emissions. 

If KoBold Metals continues to accept venture capital funding, it will eventually need a way for investors to recoup their investments. An IPO could play that role when the time comes. 

Another possible outcome is an acquisition. If the company is providing a superior exploration strategy, a large global mining company could scoop it up, giving venture capital investors a return on their investments. 

How to Invest in KoBold Metals Stock

Since KoBold Metals is not a public company, it is challenging to become an equity owner today.

The chances of ownership opportunities may increase if there is a new round of venture-backed funding that dramatically increases the KoBold Metals valuation. 

Interested retail investors can monitor pre-IPO marketplaces for share availability. But most will need to wait until after the IPO. 

You’ll need to be patient.

Investors can take the actions outlined below to increase the chances of eventual ownership. 

1. Monitor pre-IPO investing platforms for share availability

I have not seen evidence of KoBold Metals stock being available on pre-IPO platforms.

However, investors can monitor pre-IPO investing platforms for future availability. 

If shares become available, expect to pay at least a $10,000 investment minimum. It’s free to sign up for access and alerts. 

Notable platforms include Hiive, Equitybee, EquityZen, Forge Global, and Linqto. 

Only accredited investors can directly invest if KoBold Metals becomes available on any of these platforms.

Non-accredited investors can own pre-IPO startups by investing in a venture capital fund such as the Fundrise Innovation Fund.

But KoBold Metals is not a holding in the fund at this time. 

Check out our list of top pre-IPO investing platforms for current share availability. 

Please note: This is a testimonial in partnership with Fundrise. We earn a commission from partner links on AccessIPOs.com. All opinions are my own.

2. Participate in the KoBold Metals IPO through a broker

Retail IPO investors may find opportunities to invest during an eventual IPO. It could be several years away.

Having accounts with the below brokers increases your chances of participating in IPOs. 

Once reserved for Wall Street’s wealthiest customers, IPO access has become more attainable to retail investors in the past five years. 

The following online brokers give customers access to multiple IPOs per year, including customers with low account balances.

• TradeStation 
• Robinhood

TradeStation has a more established track record of accessing more than 360 IPOs and secondary offerings via its partnership with ClickIPO. 

Robinhood, on the other hand, have the advantage of Silicon Valley networks and a history of getting allocations for high-profile IPOs.

Check out this list of best brokers for IPO investing to learn more about IPO access for retail investors.

3. Buy KoBold Metals after the IPO

Waiting for the IPO requires patience. It may be several years off.

Investors can explore the ideas above and watch future funding rounds to see if larger companies place investments, allowing retail investors exposure via indirect investment (for example, if Google purchased a stake in KoBold Metals).

There are advantages to waiting for stocks to become publicly traded before owning them. 

An IPO is a sign of maturity. If the company arrives at an IPO one day, investors will know it’s been a successful venture, ultimately delivering on an important mission. 

Pre-IPO companies typically have limited financials available for retail investors. An IPO filing gives us good insight into the company’s operations. 

Furthermore, IPO stock prices typically rise with high-demand companies. Retail investors can find themselves chasing an overvalued company. 

Instead, be patient and wait for a pullback. Stock price declines after IPOs can be excellent entry points if you were not allocated IPO shares. 

Avoid buying overvalued shares immediately after the IPO. Shares often fall after the IPO due to lockup expirations and quarterly earnings disappointments. 

However, the most disruptive companies will be higher in a decade. Patience pays. 

Frequently Asked Questions (FAQs)

Is KoBold metals publicly traded?

No. KoBold Metals is not publicly traded. You cannot buy or sell KoBold Metals stock on a stock exchange. 

What is the KoBold Metals stock symbol?

KoBold Metals is still a private company, so there is no KoBold Metals stock symbol yet. 

Here are a few KoBold Metals ticker suggestions that are available in the U.S.: 

• KBLD
• KM

What is the KoBold Metals stock price?

There is no publicly traded KoBold Metals stock price yet. The company is private. 

Its Series B private funding round in March 2023 priced at $42.78 per share. 

Where is the KoBold Metals IPO S-1 Filing?

KoBold Metals has not yet submitted an S-1 filing to the SEC. When it does, I’ll link to it and embed it on this page. 

The company may or may not announce a confidential filing before the public release. And it may never go public at all. 

Monitor the most recent S-1 filings in our S-1 filings feed. 

KoBold Metals News Archive

03/06/2024: KoBold Metals confident it can unearth more buried treasure
02/05/2024: KoBold Metals discovers large-scale copper deposit in Zambia
12/14/2023: KoBold Metals widens lithium hunt across four continents
11/06/2023: KoBold Wants to Expand Into Congo
11/01/2023: Could AI help find valuable mineral deposits?
09/25/2023: KoBold Metals plans new Zambian copper mine
06/20/2023: Mining Company Is Silicon Valley’s Newest Unicorn
02/02/2023: Contrary Research: KoBold Metals
12/14/2022: KoBold Metals to invest in Zambia copper mine
10/28/2022: Greenland’s Melting Ice Could Reveal Riches
08/02/2022: Billionaires are funding a massive treasure hunt in Greenland
04/21/2022: The Billionaire Club’s Run on Cobalt
02/11/2022: KoBold Metals lands $192m Series B investment
09/21/2021: The Energy Future Needs Cleaner Batteries
03/04/2019: a16z KoBold Metals

Conclusion

Investors get excited when they identify companies riding extraordinary macroeconomic trends. KoBold Metals is looking forward to the next 20 years of the EV revolution. 

Battery recycling startups like Redwood Materials, the Massachusetts-based startup Ascend Elements, and Europe’s Northvolt will help to relieve the global demand bottlenecks.

But if car battery makers want to replace the current global fleet of combustion-engine vehicles over the next few decades, they’ll need new raw materials from geographically diverse sources. 

KoBold Metals aims to fill that demand, presenting a massive opportunity for its investors and playing an important role in climate risk mitigation. 

Retail investors pursuing early equity and IPO shares should maintain reasonable expectations. Investing in a company at this early stage and with such an extended business lifecycle will be difficult.

Monitor pre-IPO investing platforms after subsequent private fund raises and watch for indirect investment opportunities via corporate venture capital. 

If KoBold Metals stock is on your radar, good luck. Invest in pre-IPO and IPO companies with caution.