AXEVIL Capital

KoBold Metals Stock Price, Valuation & IPO

Private company — KoBold Metals is privately held. Its shares are not listed on any public exchange and can only be accessed through private secondary transactions.

Status source: AXEVIL investment team

$80.30 per share (AXEVIL consensus estimate)

Source: AXEVIL consensus of recent secondary transactions · as of 6 October 2026

Last round valuation: $3B

Source: Series C, January 2025, post-money

Total raised: >$1.2B

Data last updated: 6 October 2026

About KoBold Metals

Searches for copper, lithium, nickel, and cobalt using AI models on digitized geological data. Its main asset is the Mingomba copper deposit in Zambia, where construction of a mine began in spring 2026, and it conducts lithium exploration in Congo.

KoBold Metals is an American company that searches for copper and lithium deposits using machine learning, founded in 2018 in Berkeley. KoBold's models found 247 million tons of ore with a copper content of 3.64% at the Zambian Mingomba deposit, according to the company's internal assessment; in April 2026, together with the state holding company ZCCM-IH, the company began constructing a 1.7 km deep mine there, costing $2.3 billion. The site was abandoned by Anglo American back in the 1960s: KoBold entered in 2022, digitized archives, and drilled over 150 km of boreholes. In Congo, the company obtained 14 licenses for the Manono lithium deposit and will invest over $50 million by early 2027. A Series C round of $537 million led by Durable Capital took place at a valuation of $2.96 billion, with a total of over $1.2 billion raised.

  • Sector: Industrials
  • Headquarters: Berkeley, California, USA
  • Founded: 2018

Key highlights

  1. Zambia, a plot, abandoned in the 1960s. Anglo American flooded a mine here, and in 2017 EMR Capital bought 80% of the Lubambe mine for $97 million, which owned the site. KoBold entered in 2022, digitized the archives and drilled more than 150 km of boreholes.
  2. Congo Lithium on disputed territory. In July 2025, the government signed a preliminary agreement with KoBold for the Manono lithium deposit and issued 14 licenses. Before early 2027, the company will invest more than $50 million, but the rights to Manono are disputed by the Australian side — this is the main legal risk of the project.
  3. First freight client of the Lobito Road. In December 2024, the African Finance Corporation named KoBold an anchor client for the railway from Zambia to the port of Lobito in Angola. The memorandum records a volume of no less than 300 thousand tons of copper and associated cargo per year.

Frequently asked questions

How can I buy KoBold Metals stock before the IPO?

Not on a public exchange — KoBold Metals is privately held. Shares change hands only in private secondary transactions. AXEVIL structures those as dedicated US special purpose vehicles for accredited investors, subject to availability and to the rules of your jurisdiction.

What is the KoBold Metals stock price?

A private company has no single official share price. AXEVIL's consensus estimate is $80.30 per share as of 6 October 2026. Its most recent round implied a post-money valuation of $3B (January 2025).

What is KoBold Metals's valuation?

KoBold Metals's most recent funding round valued the company at $3B post-money (January 2025) — the latest primary-market measure of what the company is worth. Secondary trades can price its shares above or below that round.

When will KoBold Metals IPO?

No listing has been announced. AXEVIL does not forecast IPO dates — this page states what has actually been filed or reported, with the date it was last checked.

Is KoBold Metals publicly traded?

No. KoBold Metals is a private company and its shares are not listed on any public exchange.

Does KoBold Metals have a stock symbol?

No. KoBold Metals has no ticker symbol because its shares are not listed on any exchange; a symbol is assigned only at an IPO or direct listing.

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Risk disclosure

Nothing on this page is an offer to sell or a solicitation to buy any security, and it is not investment advice. Valuations and share prices shown here are AXEVIL estimates built from primary sources — filings, announced rounds and completed secondary transactions — not quoted market prices, and they can be revised. Private-company shares are illiquid, may be impossible to sell, and the entire amount invested can be lost. Availability depends on your jurisdiction and on accredited-investor status.

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