Pallidus

Houston, United States Founded: 2015 • Age: 11 yrs
Ultra-pure silicon carbide is produced for solar wafer applications.
Annual revenue - Latest available
Total funding $94.6M 7 rounds
Employees - Tracked headcount
Investors - Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About Pallidus

Pallidus is a company based in Houston (United States) founded in 2015. Pallidus has raised $94.65 million across 7 funding rounds. Pallidus offers products and services including SiC Wafers. Pallidus operates in a competitive market with competitors including GaN Systems, Diamond Foundry, Tagore, Wolfspeed and NexGen Power Systems, among others.

  • Headquarter Houston, United States
  • Sectors
    Chemicals & Materials
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Pallidus, Inc.
Operational Areas
Chemicals & Materials → Advanced & Functional Materials Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $94.65 M (USD)

    in 7 rounds

  • Latest Funding Round
    $30.07 M (USD), Debt – Conventional

    Dec 05, 2023

  • Investors
    Not available
  • Employee Count
    Not available
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Products & Services of Pallidus

Pallidus offers a comprehensive portfolio of products and services, including SiC Wafers.

Product name locked
Category locked
Primary

Wafers that improve efficiency in power applications for transportation and energy.

People of Pallidus

Headcount 10-50
Employee Profiles 7
Employee Profiles
People
Diana Lang
Process Engineer
People
Wil VandeWiel
Chief Operating Officer
People
Andrew Leonard
Vice President of Finance
People
Chandler Harvey
Senior Production Process Engineer

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Funding Insights of Pallidus

Pallidus has successfully raised a total of $94.65M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $30.07 million completed in December 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investments & Acquisitions by Pallidus

Investments
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Investment portfolio details for Pallidus

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Financial Statements - Pallidus

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Detailed financials for Pallidus

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Pallidus Comparisons

Pallidus Primary company
Description
Ultra-pure silicon carbide is produced for solar wafer appli...
Location
Houston, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Pallidus

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Competitors of Pallidus

Pallidus operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GaN Systems, Diamond Foundry, Tagore, Wolfspeed and NexGen Power Systems, among others.

Company Name Domain Founded year HQ Location Description
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Semiconductor and system solutions are manufactured for diverse applications.
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Technology company that specializes in creating diamonds using sustainable and eco-friendly methods
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GaN semiconductor technology is provided for RF and power applications.
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Provider of radio frequency-based ICs
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Gallium nitride power transistors are manufactured for power applications.
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Detailed competitors of Pallidus

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Latest news on Pallidus

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Complete news archive for Pallidus

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Frequently Asked Questions about Pallidus

Pallidus was founded in 2015.

Pallidus is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

Pallidus is a funded company, having raised a total of $94.65M across 7 funding rounds to date.

Pallidus was founded in 2015 and is based in Houston, United States. Operations focus on the production of silicon carbide materials sized 0.2-1 micron, achieved through a proprietary manufacturing process. The resulting M-SiC product achieves 99.9999 purity and is utilized in solar wafer production to enhance efficiency while lowering overall system costs in the semiconductor sector.

Pallidus's top competitors include Diamond Foundry, GaN Systems and Tagore.

Pallidus offers SiC Wafers.

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