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Elon Musk’s Boring Company announced it has closed a $ 675 million Series C funding round, led by Vy Capital and Sequoia Capital, with the participation of Valor Equity Partners, Founders Fund, 8VC, Craft Ventures, and DFJ Growth . Post-financing, the tunnel construction and infrastructure company founded by Tesla’s number one is now worth $ 5.675 billion.
“Consider working at The Boring Company. Our goal is to solve the traffic problem, which plagues all major cities on Earth,” tweeted Elon Musk.