ADELAIDE, Australia—KoBold Metals, a startup backed by Bill Gates’s Breakthrough Energy Ventures that aims to use artificial intelligence to find metals needed for the electric-vehicle boom, raised $192.5 million in its latest financing round, according to two people familiar with the matter.
Investors in the Series B funding round for the Berkeley, Calif., company included Sam Altman’s Apollo Projects and Mary Meeker’s Bond Capital as well as mining giant BHP Group Ltd. and the Canada Pension Plan Investment Board, Canada’s largest pension fund, one of the people said.
