<ul><li>Durin, a startup focused on automating drills for critical minerals exploration, has raised $3.4 million to drive down the cost of drilling, which accounts for 70% of the raised capital by exploration companies.</li><li>Founder and CEO of Durin, Ted Feldmann, aims to automate the drilling process by marrying robotics with drilling rigs and reducing the reliance on labor.</li><li>Durin's first drilling rig is capable of boring a hole 300 meters deep and 2.5 inches wide, and is equipped with sensors to collect data for future automated models.</li><li>Feldmann expects that within two to three years, drill rigs could operate unattended, with staff on site primarily focused on delivering supplies and monitoring progress.</li></ul>

Durin digs up $3.4M to automate drills for critical minerals exploration

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