The Boring Company is pleased to announce our Series D funding round of $3B, led by the United Arab Emirates and affiliated investment entities. The financing now values The Boring Company at $23 billion.
Building upon significant existing success collaborating with the UAE on Dubai Loop, this strategic investment will accelerate the partnership to deploy mass quantities of underground infrastructure across the United Arab Emirates, including 150+ kilometers of tunnel. This landmark agreement is in addition to the Dubai Loop project previously awarded.
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