COMPANY-PAR-0001 · TRANSPORTATION TRUCKING RAILROAD · TRACKED
Parallel Systems
COMPANY-PAR-0001
[ FOUNDED ]
2020
[ HQ ]
Los Angeles, USA
[ FUNDING ]
$99M
[ STATUS ]
Operational
§01ABOUT
Parallel Systems builds autonomous battery-electric rail vehicles that operate in small platoons — reviving short-haul freight rail as a cost-competitive alternative to trucking.
§02FUNDING · LAST ROUND
| DATE | ROUND | AMOUNT | TOTAL RAISED |
|---|---|---|---|
| 2024.08 | Series B | $49M | $99M |
§ 03OPEN ROLES · 0 OF 0 SHOWN
No open positions tracked right now. Check back soon.