SpaceX alumni nab $100M to rethink shipping with autonomous freight trains

October 7, 2026 Tim De Chant

Parallel Systems raised $100 million to scale production of its autonomous electric rail vehicle, which can shuttle thousands of pounds of freight up to 500 miles.

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Healthleap raises $38M for its AI that flags hospital patients who may need a closer look
Healthleap raises $38M for its AI that flags hospital patients who may need a closer look

The financing includes an $8M seed round co-led by Sequoia Capital and First Round Capital, and a $30 milli...

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Bloom raises $3.6M to become the ‘Alibaba’ of American manufacturing
Bloom raises $3.6M to become the ‘Alibaba’ of American manufacturing

The Detroit startup has widened its scope beyond mobility to help drone and robotics companies find U.S.-ba...

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