October 7, 2026
Parallel Systems
Parallel Systems, a battery-electric autonomous freight rail company founded by SpaceX alumni, raised a $100 million Series C to scale production and commercialization.
- Round
- Series C
- Amount raised
- $100M
- Lead investor
- AVP
- Industry
- Autonomous Vehicles, Logistics, Rail
- Headquarters
- Los Angeles
- Employees
- 51-200 employees
- Website
- parallel.ai
- View profile →
Source: Dealroom.co