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Musk tunnel raised US $675 million with a valuation of nearly US $5.7 billion

Share the QR code < / P > < p > with wechat scanning code to friends and circles of friends < / P > < p > < / P > < p > on April 21, the tunnel excavation company boring led by Elon Musk announced on Wednesday local time that it had completed a new round of financing with a total amount of about US $675 million < p > it is reported. This round of financing is led by vy capital and Sequoia Capital, and the corresponding valuation of boring company is US $5.675 billion. Boring said the financing would be used to recruit employees, increase the production of roadheader and build underground tunnels < p > boring aims to build a transportation network that can "solve traffic problems" by building underground tunnels. The company has built a tunnel system at the Las Vegas Convention Center < p > other investors participating in this round of financing include investment institutions such as valor equity partners, founders fund, 8vc, craft ventures and Dfj growth. (Chen Chen) < / P > < p >


2023-03-22 10:04:52

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