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Parallel

Parallel

Parallel develops autonomous battery-electric rail vehicles and software for short-haul container freight transportation.

Operating headquarters
Los Angeles, CA, US🇺🇸
Founded
2020
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Latest News About Parallel

SpaceX alumni nab $100M to rethink shipping with autonomous freight trains

TechCrunch

SpaceX alumni nab $100M to rethink shipping with autonomous freight trains

Parallel Systems raised $100M to scale production of its autonomous electric rail vehicle, which can shuttle thousands of pounds of freight...

Oct 7, 2026

Parallel Systems raises $100 million to bring autonomous freight trains into mainstream logistics

Robotics and Automation News

Parallel Systems raises $100 million to bring autonomous freight trains into mainstream logistics

Parallel Systems is testing autonomous battery-electric freight rail vehicles in Georgia and moving toward commercialization.

May 20, 2026

Parallel Systems begins testing autonomous car on G&W short line

Trains

Parallel Systems begins testing autonomous car on G&W short line

Parallel Systems began testing its autonomous battery-electric flat car on the Heart of Georgia Railroad.

Jun 5, 2025

Parallel Systems Raises $38M in Series B Funding

FinSMEs

Parallel Systems Raises $38M in Series B Funding

Parallel Systems raised $38 million in a Series B led by Anthos Capital to commercialize its rail system.

Apr 14, 2025

Parallel Systems is building autonomous electric rail for short-distance freight

TechCrunch

Parallel Systems is building autonomous electric rail for short-distance freight

Parallel Systems raised a $38 million Series B and received approval to pilot its autonomous electric rail technology in Georgia.

Apr 11, 2025

Former SpaceX engineers bring autonomous, electric rail vehicle startup out of stealth

TechCrunch

Former SpaceX engineers bring autonomous, electric rail vehicle startup out of stealth

Parallel Systems emerged from stealth with a $49.55 million Series A to develop autonomous battery-electric rail vehicles.

Jan 19, 2022