Pallidus

Pallidus innovates silicon carbide (SiC) wafer technology for next-generation power electronics applications, transforming the cost-quality paradigm for SiC wafers. With a pioneering technology platform and extensive IP portfolio, the company offers premium silicon carbide solutions for power semiconductor and other markets. The company focuses on growing silicon carbide crystals and manufacturing premium SiC epitaxy-ready wafers that fuel next-generation applications in transportation, energy, and industrial power systems. Silicon carbide wafers enable higher efficiency, faster switching, and better thermal management compared to traditional silicon wafers, making them critical for electric vehicles, renewable energy systems, and high-power industrial applications. The company's proprietary crystal growth technology addresses longstanding challenges in SiC wafer production including defect density, yield, and manufacturing cost, enabling broader adoption of SiC-based power semiconductors. Founded in 2015 and headquartered in Houston, United States, the company has raised approximately $94.6M in Series B funding from investors including Raptor Group.