Some VCs Betting on Autonomous Electric Freight as Parallel Systems Raises Almost $50 Million
Posted on 01/23/2022
Parallel Systems has emerged from stealth mode revealing a US$ 49.55 million Series A round. The company is based in Culver City, California and is developing an electric rail platform for shipping containers that can be individually self-propelled and autonomous. Parallel Systems was founded in January 2020 by a team of former SpaceX engineers, including […]
