# The Boring Company raises $675M in Series C funding

The Boring Company raised $675 million in a Series C funding round led by Vy Capital and Sequoia Capital, valuing the company at $5.675 billion, to scale boring machine production and build tunnels.

- Type: Investment
- Announced: 2022-04-20
- Where: United States
- Value: $675.0M
- Status: announced
- Products: tunnel boring machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [The Boring Company](https://endata.com/companies/62402.md)
- [Vy Capital](https://endata.com/companies/62403.md) (investor)
- [Sequoia Capital](https://endata.com/companies/62404.md) (investor)
- [Valor Equity Partners](https://endata.com/companies/62405.md) (investor)
- [Founders Fund](https://endata.com/companies/62406.md) (investor)
- [8VC](https://endata.com/companies/62407.md) (investor)
- [Craft Ventures](https://endata.com/companies/62408.md) (investor)
- [DFJ Growth](https://endata.com/companies/62409.md) (investor)

## Sources

- [teslarati.com](https://www.teslarati.com/elon-musk-the-boring-company-prufrock-production-jobs/), 2022-04-21: "The Boring Company just raised $675M at a $5.675B valuation from A-list investors."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.