Jan 21, 2022 · Autonomous Battery-Electric Rail Vehicles. Former SpaceX Engineers Raise $49.55 Million to Build Autonomous Battery-Electric Rail Vehicles Parallel Systems, a company founded by former SpaceX engineers to reimagine the railroad system, has raised $49.55 million in Series A funds to build autonomous battery-electric rail vehicles that move freight. The round is led by Anthos Capital, and includes investments from Congruent Ventures, Riot Ventures, Embark Ventures, and others.