Parallel Systems, the world's first autonomous battery-electric rail system, will launch its first commercial pilot in April after securing approval from the Federal Railroad Administration (FRA) to deploy its railcars along a 160-mile stretch of two Georgia railroads. The company has also closed its Series B funding round of $38 million, led by Anthos Capital, joined by Collaborative Fund, as well as Congruent Ventures, Riot Ventures and others. To-date the company has raised approximately $100 million in funding.