About
Ted Feldmann is the founder and CEO of Durin, the California exploration-technology company building remotely operated, semi-autonomous drilling rigs and geological modeling software for critical minerals discovery. He grew up in a mining family and combines a computer-science and geophysics background with operating experience inside both junior exploration and major mining companies. His pitch is blunt: roughly 70 percent of exploration capital goes to drilling, so automating the rig is the highest-leverage place to drive the cost of finding lithium, copper, and rare earths. Durin closed a $3.4 million pre-seed in April 2025 led by 8090 Industries with Andreessen Horowitz, Lux Capital, and Contrary participating, and is operating with partners across the U.S. and Canada.
Previous roles
- Software and engineering, MP Materials
- Exploration and critical-minerals supply-chain intern, IperionX
Notable work
- Built Durin's remotely operated, semi-autonomous mineral-exploration drill-rig program that streams field data directly to geologists
- Developed Durin's integrated exploration-platform concept spanning drilling, geological modeling, drillhole planning, mineralogical and structural data, and faster assay workflows
- Publishes critical-minerals analysis, including 'This Week in Critical Minerals' and 'The Helium Crisis'
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