https://www.live-feeds.com/feed/the-boring-company-raises-3b-in-round-led-by-uaeContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/the-boring-company-raises-3b-in-round-led-by-uaehttps://www.live-feeds.com/feed/the-boring-company-raises-3b-in-round-led-by-uae#u66187Sat, 12 Sep 2026 11:45:05 +0000Elon Musk's infrastructure firm secured a $3 billion Series D funding round led by the United Arab Emirates, establishing a $23 billion valuation. The capital injection sets a milestone for U.S. startup funding, driving large-scale tunneling expansions. Operations will extend to Las Vegas, Nashville, and Dubai using the company's new Prufrock machine. This financing shifts the enterprise away from small demonstration loops toward ambitious municipal transit systems.Why it mattersThe transaction anchors a massive week for venture capital that included billion-dollar rounds for Cogniti https://www.live-feeds.com/feed/the-boring-company-raises-3b-in-round-led-by-uaehttps://www.live-feeds.com/feed/the-boring-company-raises-3b-in-round-led-by-uae#u65229Fri, 11 Sep 2026 15:56:40 +0000The Boring Company has raised $3 billion in a Series D funding round led by the United Arab Emirates, bringing the company's valuation to $23 billion. The capital will fund the expansion of tunneling projects in both the US and the UAE. Specifically, the company plans to develop underground tunnels in the UAE and invest in the Music City Loop project. This investment marks a strategic shift toward full-scale city transit infrastructure, moving beyond the smaller demonstration tunnels previously built in Las Vegas.Why it mattersElon Musk's tunneling venture aims to reduce urban traffi