Parallel Systems (Series B)

Funding Details
Awarder
Inbox
Date Award
May 17, 2025
Vertical
Transportation
Funding URL
View Funding Page

Company Info
Traction
The company is set to launch its first commercial pilot in April after securing regulatory approval.
Company Description
Parallel Systems is the world's first autonomous battery-electric rail system, aiming to revolutionize rail transportation with its innovative technology.
Market
Rail Systems
Location
Los Angeles, California, USA
Coinvestors
Anthos Capital, Collaborative Fund, Congruent Ventures, Riot Ventures

Links
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