Web Analytics

3 Latest Announced Rounds

  • $7,500,000
    Seed

    2 Investors

    Software Development
    Nov 21st, 2024
  • $6,000,000
    Series A

    1 Investors

    Transportation, Logistics, Supply Chain and Storage
    Nov 21st, 2024
  • $30,000,000
    Unknown

    1 Investors

    Financial Services
    Nov 21st, 2024
$1,264.20M Raised in 73 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Parallel Systems

start up
United States - Culver City, California
  • 24/01/2022
  • Series A
  • $50,000,000

Parallel Systems is an early-stage startup company developing the future of intermodal transportation. Our mission is to decarbonize freight while improving supply chain logistics and safety. We are developing vehicles and software to create new autonomous and electric transportation systems for existing rail infrastructure, allowing railroads to convert part of the $700 billion U.S. trucking industry to rail.


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Technical leader with experience in autonomous vehicles, software development, electrical engineering, power electronics and motor control.