It was a monster week for U.S. startup funding, with four companies each raising $1 billion or more. Elon Musk's tunnel-drilling company The Boring Co. led with a $3 billion Series D, followed by AI coding startup Cognition at $2 billion. Joining them near the top was fleet management software provider Motive, which landed $1.3 billion, while reusable rocket developer Stoke Space raised another $1 billion. 1. The Boring Co., $3B, transportation and infrastructure: Musk's Bastrop, Texas-based tunneling company raised a $3 billion Series D led by the United Arab Emirates, with participation from investors including Andreessen Horowitz, Sequoia Capital and Valor Equity Partners. The company is developing underground tunnel networks designed to move passengers and vehicles while reducing surface traffic, and already operates its Vegas Loop system beneath Las Vegas. The latest deal values it at $23 billion and brings its total funding to nearly $3.9 billion, per Crunchbase. 2. Cognition,...
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