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Giraffe Bio aims its bespoke biomolecules at the looming copper shortage

TechCrunchOctober 13, 20263 min read

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.

Between the AI data center boom and economy-wide electrification, the world will need a lot more copper. By 2040, copper supplies could fall 25% short of demand. That’ll be a tall order for the mining industry, which boosts production mostly by opening new mines, which is a costly, luck-driven endeavor. Typically, just 0.3% of prospective mines pan out. A new wave of…

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