importantSYS.SOURCE: TechCrunch• 2026-09-10T15:07:27Z

The Boring Company Secures $3 Billion in UAE-Led Funding Round

#startups #transportation #funding

The Boring Company secured $3 billion in Series D funding led by the UAE, valuing the company at $23 billion and enabling expansion of tunnel projects in the Middle East. The round included participation from major venture capital firms, advancing the company's goal of reducing traffic through underground transportation networks.

The company said it plans to dig more than 150 kilometers of tunnels in the Middle Eastern country.

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