On April 14th, 2021, Parallels Desktop did a general release that that supports Macbook M1:
In this video, I try to get it set up and good news, it works out of the box!
0:00 Getting parallels desktop & installation
1:43 Setting up Ubuntu
2:17 Testing out internet, video, and sound (Sound doesn’t work)
3:58 Testing out suspend/resume
4:45 Finish
My laptop specs:
– https://amzn.to/3or6JEc