irblog.prnewswire.com

PARALLEL SYSTEMS TO LAUNCH FIRST COMMERCIAL PILOT IN APRIL FOLLOWING FEDERAL RAILROAD ADMINISTRATION APPROVAL AS COMPANY CLOSES $38 MILLION SERIES B ...

LOS ANGELES, April 14, 2025 /PRNewswire/ -- Parallel Systems, the world's first autonomous battery-electric rail system, will launch its first commercial pilot in April after securing approval from ...
MarketScreener

Parallel Systems, Inc. announced that it has received $100 million in funding from a group of investors

Parallel Systems, Inc. announced that it has received $100 million in a round of funding led by new investor, Atlantic Vantage Point Capital SAS on October 7, 2026. The transaction also included ...
irblog.prnewswire.com

Parallel and Ceres Acquisition Corp. Announce Business Combination to Create a Publicly Traded U.S. Cannabis Well-Being Company

Investors commit to an over-subscribed US$225 million private placement at closing; combined public company expected to have US$430 million cash balance at closing Ceres Acquisition Corp.'s CEO Joe ...
Yahoo Finance

Parallel Raises at $2 Billion Valuation to Scale Web Infrastructure for Agents

PALO ALTO, Calif., April 29, 2026 /PRNewswire/ -- Parallel Web Systems, the infrastructure powering how AI agents access and use the open web, today announced that it has raised a $100 million Series ...
TechCrunch

Parallel gets new funding for its teletherapy platform for kids with special needs

Schools in the United States are already struggling with a teacher shortage. For students with thinking and learning differences, it’s even harder to find teachers and other specialists that are ...