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Parallel

Parallel

Railroad Equipment Manufacturing

Los Angeles, California 8,826 followers

Powering autonomous rail.

About us

Parallel develops autonomous, battery-electric rail vehicles to convert freight from truck to rail. Our technology enables railroads to serve new markets, decongest highways, and reduce shipping costs and pollution. We provide a safer, more efficient, and sustainable alternative to short-haul trucking, seamlessly integrating with existing rail operations and powering the future of freight.

Website
https://www.moveparallel.com/
Industry
Railroad Equipment Manufacturing
Company size
11-50 employees
Headquarters
Los Angeles, California
Type
Privately Held
Founded
2020

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Funding

Parallel 3 total rounds

Last Round

Series B

US$ 38.0M

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