Parallel Systems (Series B)
Funding Details
Awarder
Inbox
Date Award
April 14, 2025
Vertical
Transportation Technology
Funding URL
View Funding Page
Funding Amount
$38,000,000
Company Info
Founding Year
2020
Market
Short-haul trucking alternatives
Location
Los Angeles, California, United States
Coinvestors
Anthos Capital, Collaborative Fund, Congruent Ventures, Riot Ventures
Company Description

Parallel Systems is the world's first autonomous battery-electric rail system, delivering a safer, more efficient and sustainable alternative to short-haul trucking.

Links
Website
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