# Halo Industries

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/halo-industries

- Industry: Semiconductors
- Headquarters: Santa Clara, US
- Website: www.halo-industries.com
- Total disclosed funding: $46M
- Latest round: Series B (Apr 26, 2024)
- Investors on record: 3

## About

Based in California, US, and founded in 2014 by Chief Executive Officer Andrei Iancu, Chief Technology Officer Philip Van Stockum, and Chief Scientific Officer Charlie Rudy, Halo Industries, Inc. operates as a manufacturer of thin silicon for semiconductor and solar energy usage. In July 2024, Halo Industries, Inc. raised USD 80 million in Series B funding led by US Innovative Technology Fund, with participation from 8VC and SAIC Venture Capital. 

Halo Industries, Inc. specializes in laser-based silicon carbide (SiC) wafering technology to develop SiC wafer-per-millimeter yield. The company offers a variety of products including MOSFET and Diode Production Grades, R&D Grade, and Mechanical Grade wafers. As of 2024, it serves various industry such as electric vehicles, electric rail and transit, grid infrastructure, HVAC, aerospace and defense, and motor drives. In addition, the firm’s product support businesses to reduced charging times for electric vehicles and improve energy savings in transit systems with grid infrastructure.

## Funding rounds

- Series B, Apr 26, 2024, $46M — 8VC, SAIC Venture Capital, United States Innovative Technology

## Investors

- 8VC (https://capitalatlas.ai/funds/8vc) — Series B
- SAIC Venture Capital (https://capitalatlas.ai/funds/saic-venture-capital) — Series B
- United States Innovative Technology (https://capitalatlas.ai/funds/united-states-innovative-technology) — Series B