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Giraffe Bio aims its bespoke biomolecules at the looming copper shortage
As AI data centers and EVs drive up demand for copper, Giraffe Bio has unearthed a $6.4 million seed round to help miners extract more of the mineral.
AI Summary
The global copper supply is projected to fall 25 % short of demand by 2040, driven by the AI data‑center boom and widespread electrification. Meeting this shortfall will be difficult for the mining sector, which relies mainly on opening new mines—a costly and uncertain process. Historically, only about 0.3 % of prospective mines become productive.
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