The Boring Company raised $3 billion, according to Reuters, at a reported $23 billion valuation.
- Amount
- $3B
- Announced
- 10 September 2026
- Lead
- United Arab Emirates
- Other investors
- Sequoia Capital, Andreessen Horowitz, Temasek, Valor Equity Partners, Vy Capital, Human Capital, Shamal Holding, Baron Capital
- Use of funds
- Deploy more than 150 kilometers of underground infrastructure across the UAE and accelerate development of its Loop transportation systems.
- Valuation
- $23B
- Checked
- Amount and date matched across 2 press sources