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3 Latest Announced Rounds

$1,325.73M Raised in 74 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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