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Parallel Systems, which builds autonomous freight trains, raised a $100M Series C led by AVP, taking its total funding to $200M+ (Tim De Chant/TechCrunch)

Techmeme ·
Parallel has doubled its disclosed backing for autonomous rail freight.

The startup raised a $100 million Series C led by AVP. The round brings Parallel Systems’ total funding to more than $200 million. The company builds autonomous freight trains. Techmeme's note

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