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

The Boring Company Secures $3B Series D Funding Led by UAE to Expand Tunnel Network

#startups #transportation #investment

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

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

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