Parallel Systems Picks Up $49.55M For Autonomous Trains
socalTECH
JANUARY 19, 2022
Culver City-based Parallel Systems, a startup developing autonomous train and transportation technology, said today that it has raised $49.55M in a Series A funding round. The funding was led by Anthos Capital, and also included Congruent Ventures, Riot Ventures and Embark Ventures. The company is led by CEO Matt Soule.
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