When was Durin founded?

Durin was founded in 2024 and raised its 1st funding round 1 year after it was founded.

Where is Durin located?

Durin is headquartered in El Segundo, United States.

Who is the current CEO of Durin?

Ted Feldmann of Durin. They have also founded 1 company.

How many employees does Durin have?

As of May 31, 2026, the latest employee count at Durin is 26.

Is Durin a funded company?

Durin is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Apr 23, 2025.

When was the latest funding round of Durin?

Durin's latest funding was a $***** Seed round on Apr 23, 2025, with participation from 10 investors. Its primary sector is Mining Tech. In United States, the Mining Tech sector has seen $393M in funding in 2026 to date.

Where does Durin rank among its competitors?

Durin ranks 3rd amongst 8 active competitors, of which 4 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Durin, which secured $3.4M in Apr, 2025.

Who are the top competitors of Durin?

Durin's top competitors include ASI Robots, Jevons Robotics and SeoulDynamics. Among them, Durin secured the most recent funding round in April, 2025.

Durin - 2026 Company Profile, Team, Funding & Competitors

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 8 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/
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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

Seed, Apr 23, 2025, $*****

Investors

8090 Industries & 9 more

Ranked

3^rd among 8 active competitors

Employee Count

26 as on May 31, 2026

Similar Companies

Jevons Robotics & 3 more

View Durin's full profile

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	2111928	Seed	8101395	6157676	3920499	4238238

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View details of Durin's funding rounds and investors

The 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 26 employees as of May 26. Here is Durin's employee count trend over the years:

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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:

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	-	Epiroc, U.S Army	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	Andreessen Horowitz, Day One Ventures & 8 others	31/100
4th	SeoulDynamics 2019, Seongnam-si (South Korea), Funding Raised	Developer of autonomous robots and vehicles	-	Krypton, sopoong	29/100
5th	MIRS 2007, Santiago (Chile), Unfunded	Mining and Heavy Industry Robotics solutions	-	-	28/100
6th	Hefei XBO Technology 2019, Hefei (China), Seed	Development of unmanned intelligent robots for mining operations	-	hfgk.com.cn	22/100
7th	Mineprism 2022, San Francisco (United States), Seed	Provides solutions for the digitization and automation of mining operations	$75K	-	18/100
8th	Mucking Loaders 2023, China, Unfunded	Manufacturer of underground mining muck loaders and related equipment	-	-	16/100