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Pallidus

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Pallidus grows silicon carbide crystals and wafers for power semiconductor and other markets

Albany, United StatesFounded 2015Semiconductors

Valuation $250–500M Last recorded · 2022

Headcount <100 Current team size

Total funding $50–100M Disclosed equity funding

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About Pallidus

Pallidus specializes in the production of 150mm premium quality silicon carbide (SiC) ingots and wafers, which are essential for high-frequency and high-power applications. The company serves a global client base including epitaxy providers, SiC device foundries, and power semiconductor device manufacturers. Operating in markets such as transportation, green energy, telecom, and industrial sectors, Pallidus leverages its patented suite of technologies to grow large diameter, high-quality SiC crystals cost-effectively. The business model revolves around the sale of these high-performance wafers, empowering the next generation of electronics and contributing to advancements in various high-tech industries.

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At a glance

Status: Operational
Founded: 2015
Headquarters: Albany, United States
Employees: 28
Open positions: None listed
Dealroom signal: 61.1/100
Industry: Semiconductors
Sector: Semiconductors, Semiconductor Designers and Manufacturers, Semiconductor Materials, Silicon Carbide (SiC), Hard Tech, DT and LS, science-based
Technology: Hardware, Deep Tech
Business model: Manufacturing
Client focus: b2b
Links: Website LinkedIn

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Funding history

8 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
DEBTDebt	Dec 2023	$30M	—	Undisclosed	↗
LATE VCOther financing	Dec 2022	$74M	$296M	Undisclosed	↗

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Growth signals

Pallidus website traffic

Latest recorded traffic for Pallidus is 290 monthly website visits, down 80.7% over the last three months. Pallidus's team declined 20% over the past year.

Latest monthly visits290 3-month web change-80.7% 1-year team growth-20%

Monthly website visitsJun 2020–Jul 2026

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ASAscatronIndependent manufacturer of SiC material and devices	Stockholms kommun, Sweden	Acquired
CMCuizhan MicroelectronicsA domestic automotive-grade power device and analog integrated circuit design and sales company	Jing'an District, China	Operational
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ANAnokiwaveAnokiwave's Silicon mmW Core Chip Solutions enable next generation Radio, Radar and AESA applications	San Diego, United States	Acquired
AGAdvanced Silicon GroupSilicon nanowire biosensors for rapid protein measurement	Lowell, United States	Operational