Halo Industries, Inc. raised $80 million in a Series B funding round led by Thomas Tull’s U.S. Innovative Technology Fund to scale the commercialization and reach of its technology for silicon carbide substrate production.
Amount Raised
$80 Million
Round Type
Series B
Santa ClaraManufacturingInvestors
Description
Halo Industries, Inc. raised up to $80 million in an oversubscribed Series B funding round led by Thomas Tull’s U.S. Innovative Technology Fund (USIT) with participation from 8VC and SAIC. The funding will help Halo Industries scale the commercialization and reach of its technology and advance its mission to establish the new gold-standard of silicon carbide substrate production.
Quick answer
Halo Industries raised $80 Million in a Series B round, dated July 15, 2024. Investors: Saic, 8VC and Thomas Tull’s U.S. Innovative Technology Fund (Usit). Halo Industries is based in Santa Clara, California, United States.
- How much did Halo Industries raise?
- Halo Industries raised $80 Million in a Series B round on July 15, 2024.
- Who invested in Halo Industries?
- Saic, 8VC and Thomas Tull’s U.S. Innovative Technology Fund (Usit) are named as investors in this round.
- What does Halo Industries do?
- We create novel laser-based hardware systems for materials fabrication that help manufacturers drastically reduce waste, improve quality, and enable next generation technologies.
- Where is Halo Industries based and how big is it?
- Halo Industries is based in Santa Clara, California, United States.
- Who are the decision-makers at Halo Industries?
- Fundz holds 1 contact at Halo Industries. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as Halo Industries that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $1.5B (Convertible Note) on August 7, 2024.
- Level raised $3.6M (Seed) on August 29, 2024.
- SkyDrive raised $55M (Series C) on August 29, 2024.
- Ensysce Biosciences raised $5.1M on August 29, 2024.
- Better Being raised $28K (Pre-Seed) on August 29, 2024.
- Mojave Energy Systems raised $9.6M on August 29, 2024.
Who to call at Halo Industries, and when
A new round usually means Halo Industries is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Halo Industries raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Halo Industries, from your own LinkedIn network
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Funding Insights
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