Verified Events
DateTypeCompanyHeadlineSegment
Rino.ai closes C2 financing, bringing Series C total to $100 million
- Other backers include Xiangtan state-backed capital, 深重投, Hunan Caixin, Woori Financial Group and Bozheng Capital.
- Capital will support end-to-end Level 4 autonomy, Physical AI development and expansion of the urban operating network.
- Rino reports more than 5,000 autonomous logistics vehicles delivered and regular operations in over 200 Chinese cities.
Parallel Systems secures $100 million Series C to manufacture Panther vehicles
- New investors Hillspire, Agility Global and Cobalt Capital joined Anthos Capital, Congruent Ventures, Riot Capital and Collaborative Fund.
- The Georgia pilot with Genesee & Wyoming continues under Federal Railroad Administration supervision.
- Parallel reports more than $200 million raised to date and says major railroads are under contract to deploy its system.