Pallidus

Houston, United States Founded: 2015 • Age: 11 yrs
Ultra-pure silicon carbide is produced for solar wafer applications.
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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
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Pallidus, Inc.
Operational Areas
Chemicals & Materials → Advanced & Functional Materials
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $94.65 M (USD)

    in 7 rounds

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

    Dec 05, 2023

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Pallidus

Pallidus offers a comprehensive portfolio of products and services, including SiC Wafers. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

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.

  • Total Funding
  • Total Rounds 7
  • Last Round Debt – Conventional — $30.1M
  • First Round

    (29 Dec 2015)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2023 Amount Debt – Conventional - Pallidus Valuation

investors

Dec, 2022 Amount Series B - Pallidus Valuation

investors

Jul, 2020 Amount Series A - Pallidus Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Pallidus

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Pallidus

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Pallidus Comparisons

Employees
+
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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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Semiconductor and system solutions are manufactured for diverse applications.
domain founded_year HQ Location
Technology company that specializes in creating diamonds using sustainable and eco-friendly methods
domain founded_year HQ Location
GaN semiconductor technology is provided for RF and power applications.
domain founded_year HQ Location
Provider of radio frequency-based ICs
domain founded_year HQ Location
Gallium nitride power transistors are manufactured for power applications.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Pallidus

Frequently Asked Questions about Pallidus

When was Pallidus founded?

Pallidus was founded in 2015.

Where is Pallidus located?

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

Is Pallidus a funded company?

Pallidus is a funded company, having raised a total of $94.65M across 7 funding rounds to date. The company's 1st funding round was a Series A of $2M, raised on Dec 29, 2015.

What does Pallidus do?

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.

Who are the top competitors of Pallidus?

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

What products or services does Pallidus offer?

Pallidus offers SiC Wafers.

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