Parallel Systems Funding
Overview
Funding
Context
Team
Timeline
Discovery
Funding
2026-10-07 - Series C - $100M - Parallel Systems secures $100 million Series C to manufacture Panther vehicles
- AVP led the round to scale production of Panther rail vehicles and expand commercial operations, including international markets. - source: prnewswire.com
2022-01-19 - Series A - $49.5M - Parallel Systems raises USD 49.55M Series A for autonomous rail vehicles
- Parallel Systems raised USD 49.55 million to build autonomous battery-electric freight rail vehicles. - source: cdn.prod.website-files.com
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