The latest venture capital, seed, pre-seed, and angel deals for LA startups for 4/16/2025 featuring funding details for Parallel Systems and much more. This page will be updated throughout the day to reflect any new fundings.
Parallel Systems – $38M Series B
TRANSPORTATION
Parallel Systems, the maker of an autonomous battery-electric rail system for freight, has raised $38M in Series B funding led by Anthos Capital. Founded by Ben Stabler, Brian Ignaut, John Howard, and Matthew Soule in 2020, Parallel Systems has now raised a total of $91.3M in reported equity funding.
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