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Parallel Systems

Parallel Systems reveals it is decarbonizing freight by building a cleaner, automated rail future

2

Funding Rounds

$88.0m

Money raised

Overview

Parallel Systems reveals it is decarbonizing freight by building a cleaner, automated rail future

Funding

Funding series

Funding Series Analysis

The company Parallel Systems has raised a total of $88m in funding over 2 rounds.

Key Insights:

  • Parallel Systems April 2025 Series B Funding Round: $38m
  • Parallel Systems , January 2022: $50m
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Parallel Systems April 2025 Series B Funding Round $38m
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Parallel Systems , January 2022 $50m

Industries

Parallel Systems is active in the following industries: