Parallel Systems vs Volta Trucks
Parallel Systems
Autonomous Rail Freight Transportation
39 employees · est. 2020 · Los Angeles, United States
Volta Trucks
Electric trucks for sustainable cities, with people at the heart of everything we do. https://voltatrucks.com
84 employees · est. 2019 · London, United Kingdom
Volta Trucks is the older company (2020 vs 2019); Volta Trucks is the larger of the two.
1 signal in the last 90 days
Side-by-Side Comparison
| Metric | Parallel Systems | Volta Trucks |
|---|---|---|
| Founded | ||
| Founded | 2020 | 2019 older |
| Headquarters | ||
| Headquarters | Los Angeles, United States | London, United Kingdom |
| Employees | ||
| Employees | 39 | 84 larger |
| Industry | ||
| Industry | Logistics, Transportation, Autonomous and Sensor Tech | Logistics, Transportation, Automotive |
| Funding Stage | ||
| Funding Stage | Series C | Series C |
| Total Funding | ||
| Total Funding | $191.35M | $351.50M |
| Funding Rounds | ||
| Funding Rounds | 4 | 5 |
| Services | ||
| Services | Developing and integrating automated, battery-electric freight rail vehicles for logistics and transportation electrification. | Manufacturing of Electric Commercial Vehicles, Customer Trials for Product Feedback, Innovative Vehicle Design, Sustainability in Transport |
| Target Customers | ||
| Target Customers | Freight companies, logistics and transportation providers, and industries looking for sustainable and cost-effective freight transportation solutions. | Commercial Transport Operators, Sustainable City Initiatives, Logistics and Delivery Companies, Urban Developers |
| Taxonomy | ||
| Taxonomy | Autonomous VehiclesRail Freight TransportationFreight MarketZero-Emissions TransportationTechnology IntegrationBattery-Electric Vehicles +9 | Electric TrucksSustainable TransportationUrban LogisticsZero EmissionsDriver-centric DesignCommercial Electric Vehicles +9 |
| Website | ||
| Website | moveparallel.com | voltatrucks.com |
About Parallel Systems
Parallel Systems, a startup with the slogan "Autonomous Rail Freight Transportation", is focused on revolutionizing the rail freight transportation sector. Established in 2020 and based in the United States, the company aims to boost rail's freight market share, enhance safety, and reduce shipping c...
About Volta Trucks
Volta Trucks, founded in 2019 and headquartered in the United Kingdom, is revolutionizing the Logistics, Transportation, and Automotive industries. The company is driving innovation in urban sustainability with its full electric trucks, crafted specifically for cities. These trucks promise zero tail...
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Compiled from the BounceWatch company index. We last looked at Parallel Systems on 12 Jun 2025, and Volta Trucks on 29 Apr 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.
