Parallel Systems

Updated: October 08, 2026
CEO - Matt Soule
CEO - Matt Soule
Country: USA | Funding: $100M (+)
Founded: 2020

Website: https://www.moveparallel.com/

Parallel develops autonomous, battery-electric rail vehicles to convert freight from truck to rail. Its technology enables railroads to serve new markets, decongest highways, and reduce shipping costs and pollution.




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