KoBold Metals is building a full-stack digital prospecting engine using computer vision, machine learning, and data analysis to find materials critical for electric vehicles and the renewable energy revolution. It is trying to make the discovery process cheaper and more efficient by using ore-deposit science and machine learning algorithms. Using a wide variety of data sources — geologic reports, soil samples, satellite imagery, and academic research papers — the team uses geological science to find potential deposits beneath the earth's surface. The team’s past experiences in academia, investing, and the hard sciences position them well to tackle this complex problem. Rather than selling the software as a product, KoBold Metals seeks to generate revenue by holding ownership stakes in the mineral resources discovered.
Jan 01 2018
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