Durin - About the company
Durin is a seed company based in El Segundo (United States), founded in 2024 by Ted Feldmann. It operates as a Developer of automated drill rigs to accelerate mineral discovery. Durin has raised $3.4M in funding from 8090 Industries. The company has 11 active competitors, including 4 that are funded. Its top competitors include companies like ASI Robots, Jevons Robotics and SeoulDynamics.
Company Details
Developer of automated drill rigs to accelerate mineral discovery. It builds and operates remotely operated, semi-autonomous rigs to drill faster, reduce human error, and improve safety. The rigs send data directly to geologists, enabling faster decision-making. After development, the rigs drill on active exploration projects, creating a feedback loop for design improvements and funding further research and development. Once proven, rig production is ramped up to meet worldwide demand. The platform integrates geological modeling, lab testing, and drillhole planning, providing mineralogical and structural data quickly.
- Website
- www.durin.com/
- Email ID
- *****@durin.com
Key Metrics
Founded Year
2024
Location
El Segundo, United States
Stage
Seed
Total Funding
$3.4M in 1 round
Latest Funding Round
Investors
Ranked
3rd among 11 active competitors
Employee Count
25 as on Aug 31, 2026
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Durin's funding and investors
Durin has raised a total funding of $3.4M over 1 round. Its latest funding round was a Seed round on Apr 23, 2025 for $*****. 10 investors participated in its latest round. Durin has 10 institutional investors.
Here is the list of recent funding rounds of Durin:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 23, 2025 | 9519409 | Seed | 4881211 | 4620977 | 9511716 | 3094859 |
View details of Durin's funding rounds and investors
Durin's founders and board of directors
Founder? Claim ProfileThe founders of Durin is Ted Feldmann. Ted Feldmann is the CEO of Durin.
Here are the details of Durin's key team members:
- Ted Feldmann: Founder & CEO of Durin. Contact Info: 1 email address
View details of Durin's Founder profiles and Board Members
Durin's employee count trend
Durin has 25 employees as of Aug 26. Here is Durin's employee count trend over the years:
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Durin's Competitors and alternates
Top competitors of Durin include ASI Robots, Jevons Robotics and SeoulDynamics. Here is the list of Top 10 competitors of Durin, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ASI Robots 2000, Peter (United States), Series A | Developer of autonomous vehicle technology and industrial automation solutions | - | 54/100 | |
2nd | Jevons Robotics 2022, Dalkeith (Australia), Unfunded | Developer of robotics electric vehicles | - | - | 39/100 |
3rd | Durin 2024, El Segundo (United States), Seed | Developer of automated drill rigs to accelerate mineral discovery | $3.4M | 31/100 | |
4th | SeoulDynamics 2019, Seongnam-si (South Korea), Funding Raised | Developer of autonomous robots and vehicles | - | 30/100 | |
5th | Mining and Heavy Industry Robotics solutions | - | - | 28/100 | |
6th | Hefei XBO Technology 2019, Hefei (China), Seed | Development of unmanned intelligent robots for mining operations | - | 22/100 | |
7th | Australian Droid 2020, Brisbane (Australia), Funding Raised | Manufacturer of remote data acquisition systems for underground mining operations | - | 21/100 | |
8th | Mineprism 2022, San Francisco (United States), Seed | Provides solutions for the digitization and automation of mining operations | $75K | - | 18/100 |
9th | Kigyo Robotics San Francisco (United States), Unfunded | Developer of autonomous robotics for mining rare earth metals safely | - | - | 16/100 |
10th | Provider of robotic platforms and advanced process control solutions | - | - | 16/100 |
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Durin's Investments and acquisitions
Durin has made no investments or acquisitions yet.
Reports related to Durin
Here is the latest report on Durin's sector:
News related to Durin
•
Durin Secures $3.4 Million in Pre-Seed Funding for Automated Drilling TechnologyStartup Log•Apr 25, 2025•Durin
•
Rio Tinto, Founders Factory’s Mining Tech Accelerator invests in startups from US and OZMining•Apr 23, 2025•Durin
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