About Pallidus
Pallidus is a Chemicals & Materials company based in Houston (United States) founded in 2015. Ultra-pure silicon carbide is produced for solar wafer applications. Pallidus has raised $94.65 million across 7 funding rounds. Pallidus offers products and services including SiC Wafers. Its focus areas include High Tech, Advanced Materials, Semiconductors and Silicon Carbide Based. Its legal entity is Pallidus, Inc. Its competitors include Diamond Foundry, Tagore and Wolfspeed; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Houston, United States
- SectorsChemicals & Materials
- Email••••••••
- Phone•••• ••••
- Website pallidus.com
- Social LinkedIn
- Legal Name Pallidus, Inc.
- Total Equity Funding$94.65M (USD)
in 7 rounds
- Latest Funding Round$30.07M (USD), Debt – Conventional
Dec 2023
Products & Services of Pallidus
Pallidus offers a comprehensive portfolio of products and services, including SiC Wafers.
Wafers that improve efficiency in power applications for transportation and energy.
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 $94.65M
- Total Rounds 7
- Last Round Debt – Conventional — $30.07M
- First Round $115,554
(Dec 2015)
All 7 funding rounds of Pallidus with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2023 | $30.07M | Debt – Conventional | – | – | – |
| Dec 2022 | $74.09M | Series B | – | – | – |
| Jul 2020 | $2M | Series A | – | – | – |
| May 2019 | $6.54M | Series A | – | – | – |
| Mar 2018 | $9.15M | Series A | – | – | – |
| Jun 2016 | $2.75M | Seed | – | – | – |
| Dec 2015 | $115,554 | Seed | – | – | – |
People of Pallidus
7 people are tracked at Pallidus (5 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Douglas Dukes | Vice President Of Technology Development | Leadership |
Wil VandeWiel | Chief Operating Officer | Leadership |
Andrew Leonard | Vice President of Finance | Leadership |
Thomas Kegg | Director of Wafer Technology | Leadership |
Thomas Dobbins | Director of Source R&D | Leadership |
Diana Lang | Process Engineer | Team |
Chandler Harvey | Senior Production Process Engineer | Team |
Complete people profiles for Pallidus
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Pallidus
3 dated milestones of Pallidus across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Pallidus is founded.
- Funding First funding round of $116K.
- Funding Latest funding round, Debt – Conventional, of $30.1M.
Competitors of Pallidus
Pallidus has 3 listed competitors in our database, 2 of them funded. They include Diamond Foundry, Tagore and Wolfspeed.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| df.com | 2012 | San Francisco, United States | $315M | Technology company that specializes in creating diamonds using sustainable and eco-friendly methods | ||
| tagoretech.com | 2011 | Arlington Heights, United States | $8.69M | GaN semiconductor technology is provided for RF and power applications. | ||
| wolfspeed.com | 2015 | Raleigh, United States | Provider of radio frequency-based ICs |
Detailed competitors of Pallidus
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Pallidus
The website of Pallidus (pallidus.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 1.3% vs previous month
Top companies in Battery & Advanced Material Systems
3 companies that operate in the same segment as Pallidus (Battery & Advanced Material Systems) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI and app-based smart windows are provided for buildings. | 2007 | Milpitas, California, United States | USD 3.01 B | USD 101.33 M | 410 | |
Aerogel-based thermal insulation solutions are provided for energy conservation. | 2001 | United States | USD 198.35 M | USD 271.1 M | 554 | |
Mycelium-based leather alternative fabrics are manufactured and provided. | 2009 | Emeryville, California, United States | USD 219.4 M | USD 1.37 M | 22 |
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Related news about 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. The company's 1st funding round was a Seed of $115.55K, raised on Dec 2015.
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, Tagore and Wolfspeed.
Pallidus offers SiC Wafers.
Pallidus operates through Pallidus, Inc..