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Durin develops and operates automated and remotely controlled drill rigs to speed up mineral discovery. It designs, builds, and runs its rigs and collects real-time geological data, integrating this with geological modeling, lab testing, and drillhole planning on a single platform. Rigs gather mineralogical and structural data in minutes and assay data in days, and can be operated remotely to reduce on-site labor and improve safety. The goal is to scale production globally, delivering faster, safer, and more cost-efficient exploration by shortening cycles and improving decision-making.
Industries
Data & Analytics
Robotics & Automation
Industrial & Manufacturing
Enterprise Software
Company Size
11-50
Company Stage
Seed
Total Funding
$3.4M
Headquarters
El Segundo, California
Founded
2024
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Total Funding
$3.4M
Meets
Industry Average
Funded Over
1 Rounds
Industry standards
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Company Equity
To get the ball rolling, Durin has raised $3.4 million in a pre-seed round led by 8090 Industries, the company exclusively told TechCrunch. Also participating were 1517, Andreessen Horowitz, Bedrock, Champion Hill, Contrary, Day One Ventures, and Lux Capital.
As reported by TechCrunch today, Durin has just secured a $3.4 million pre-seed investment led by 8090 Industries, with backing from notable investors such as Andreessen Horowitz, Lux Capital, and Contrary.
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Industries
Data & Analytics
Robotics & Automation
Industrial & Manufacturing
Enterprise Software
Company Size
11-50
Company Stage
Seed
Total Funding
$3.4M
Headquarters
El Segundo, California
Founded
2024
Find jobs on Simplify and start your career today