# Durin

**Source:** https://www.startuphub.ai/startups/durin
**Profile type:** Startup

> Automated drill rigs for accelerated mineral discovery and raw material access.

## About

Durin builds and operates remotely operated, semi-autonomous drill rigs to accelerate mineral discovery. Their technology aims to make drilling faster, safer, and more efficient by reducing human error and providing real-time data to geologists. Durin serves the mineral exploration industry by providing a more effective solution to the bottleneck of finding new mines.

## Key facts

- **Slug:** durin
- **Website:** https://www.durin.com/
- **Location:** Denver, United States
- **Founded:** 2021-01-01
- **Employees:** 26
- **Operating status:** Active
- **Total funding:** $14M
- **Sectors / tags:** Mining Analytics, Robotics, Industrial Automation, Hardware, Resource Extraction, Geology, Autonomous Systems
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/durinmining/
  - Twitter: https://twitter.com/durinmining

## Frequently asked

### What does Durin do?

Durin builds and operates remotely operated, semi-autonomous drill rigs to accelerate mineral discovery. Their technology aims to make drilling faster, safer, and more efficient by reducing human error and providing real-time data to geologists. Durin serves the mineral exploration industry by providing a more effective solution to the bottleneck of finding new mines.

### What is Durin's valuation?

StartupHub estimates Durin's effective valuation at $53.7M (range $33.8M to $81.0M, 11% confidence), based on comparable companies in the sector.

### How much funding has Durin raised?

Durin has raised a total of $14M in funding. The most recent round on record is Seed.

### Where is Durin headquartered?

Durin is headquartered in Denver, United States.

### When was Durin founded?

Durin was founded in 2021.

### What industry does Durin operate in?

Durin operates in Mining Analytics, Robotics, Industrial Automation, Hardware, Resource Extraction, Geology.

### How many employees does Durin have?

Durin has approximately 26 people on record.

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