The Boring Company
About
Tunneling and underground transportation company building loop systems for passenger transit.
Founders
Recent News
In the GCC, tech isn’t the problem. Scale is
The article argues the GCC has strong tech capability and adoption but struggles to scale commercial models globally; large public and private investments (notably UAE pledges and major infrastructure projects) highlight ambition but converting those into repeatable exportable businesses remains the challenge.
Elon Musk's Boring Company to build 150km of tunnels across the UAE
Elon Musk’s The Boring Company raised $3 billion to build more than 150 km of tunnels across the UAE, accelerating the Dubai Loop project and dovetailing with metro expansions and Etihad Rail passenger services.
Venture Capital & Startup Funding Roundup, September 10, 2026: Andreessen Horowitz, Bessemer, Insight Partners, Sequoia Capital & More
On Sept. 10, 2026, roughly $4.81B was announced across 10 financings concentrated in capital- and technology-intensive startups, led by a $3B Series D for The Boring Company and an $875M round for Positron AI.
Elon Musk's Boring Co. turns to Middle East for expansion in reaching $23 billion valuation
The Boring Company raised $3 billion in a UAE-led financing round that values the tunneling startup at $23 billion as it pivots toward building more than 150 km of tunnels in the UAE, including the Dubai Loop, while continuing U.S. operations.