What is Parallel Development?
Parallel Development operates as a specialized studio in Brooklyn, NY, focusing on the intersection of engineering, design, and fabrication. The company's core expertise lies in developing and implementing electronic media systems and crafting bespoke LED displays. Their portfolio includes notable projects for art galleries and public spaces, demonstrating a capacity for innovative visual solutions. Parallel Development serves clients seeking unique lighting installations and custom display designs, aiming to elevate visual experiences through a blend of creativity and technological application.
How much funding has Parallel Development raised?
Parallel Development has raised a total of $82K across 1 funding round:
Debt
$82K
Debt (2021): $82K with participation from PPP
Key Investors in Parallel Development
PPP
Public-Private Partnership
What's next for Parallel Development?
With the recent substantial expansion capital, Parallel Development is poised for significant growth. The company's strategic positioning in the electronic media systems and custom LED display market, coupled with its proven track record in art and public installations, suggests a trajectory focused on scaling operations and potentially expanding its service offerings. This investment will likely fuel further development of proprietary technologies and enhance its fabrication capabilities, enabling the studio to undertake larger-scale projects and solidify its market presence in innovative visual design.
See full Parallel Development company page
