Analysis

January 23, 2025

Gold rush: Why VCs suddenly love mining

Earlier this month, California-based mining startup Kobold Metals raised $537m, signalling investors’ growing interest in the category


Freya Pratty

6 min read

Typically the reserve of 100-year-old commodity houses, the mining industry is suddenly gaining the attention of a new group: tech startups and their investors. 

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Beholder's mapping. Photo: Beholder.
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The Prospectral team. Photo: University of Cambridge.
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Freya Pratty

Freya Pratty is Sifted's associate editor. She covers UK tech and leads Sifted's investigations. Follow her on X , LinkedIn and Bluesky

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