Tech Company Financing Transactions
Halo Industries Funding Round
US Innovative Technology Fund, 8VC and SAIC participated in a $80 million Series B funding round for Halo Industries. The financing round was announced by the company on 7/15/2024.
Transaction Overview
Company Name
Announced On
7/15/2024
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to scale the commercialization and reach of its technology.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
3270 Scott Blvd
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Today, Halo Industries, Inc. is primarily using its proprietary, laser-based tools and processing technologies to produce high-quality silicon carbide (SiC) wafers, solving one of the industry's biggest pain points. SiC wafers represent the foundational building block for the fabrication of the world's most efficient high voltage power electronics, making them a critical element in the global drive toward sustainable electrification.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrei Iancu
Chief Financial Officer
Tuc Nguyen
Chief Scientific Officer
Charlie Rudy
Chief Technical Officer
Philip Van Stockum
Founder
Luke Asperger
Founder
Andrew Bollman
Vice President
Bart Laenens
VP - Bus. Development
Kim Butler
VP - Operations
Chris Hon
VP - Sales
Vinod Nair
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Where The Data Comes From
We do our best to document all VC transactions involving tech companies. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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