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Halo Industries

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uuid0002vbk

Namestring
Halo Industries
Legal namestring
Halo Industries
Company typeenum
Private
Founded yearint
2014
Descriptiontext

Halo Industries is a Santa Clara-based semiconductor manufacturing company founded in 2014 as a Stanford spinout. The company has developed proprietary laser-based wafering technology that replaces traditional mechanical (diamond-saw) wafer slicing, with a process purpose-built for hard and brittle materials and currently focused on silicon carbide (SiC). The process delivers 2.2 to 2.3 wafers per millimeter of ingot, reduces kerf loss by 90%, eliminates bow, warp, and subsurface damage, lowers manufacturing cost by more than 60%, and improves wafer throughput by 2 to 3 times relative to conventional methods. Halo operates from a single headquarters at 3270 Scott Blvd in Santa Clara, California, employs 101-250 people, and has raised approximately $132 million in cumulative funding through Series B.

The company monetizes through three integrated offerings: direct sale of production-grade SiC wafers in multiple thicknesses and four quality grades (MOSFET Production, Diode Production, R&D, and Mechanical Grade); laser wafering services delivered as manufacturing-as-a-service covering slicing, grinding, chemical mechanical polishing, and metrology with no upfront equipment investment for the customer; and custom solutions including prototype development, process optimization, and technical training. Pricing is quote-based and not publicly disclosed. The service-based component converts customer capex into variable cost, a structure Halo uses as a primary commercial differentiator against in-house wafering options.

Halo pursues a sales-led, consultative go-to-market motion targeting semiconductor manufacturers and power electronics companies across seven verticals. Electric vehicles, renewable energy, and data centers are identified as primary segments, with telecommunications, aerospace and defense, power infrastructure, and augmented reality as secondary targets. End-applications cited include SiC-based power electronics for EV drivetrains and charging infrastructure, solar and wind inverters, AI processor thermal management, RF components, radar, and HVDC grid systems. No customer names are publicly disclosed. The company is backed by U.S. Innovative Technology Fund (Series B lead), 8VC, SAIC, the California Energy Commission, Prime Movers Lab, Abstract Ventures, Atento Capital, Fontinalis Partners, and Harmonix.

Short descriptiontext

Halo Industries is a Stanford spinout that produces silicon carbide wafers using proprietary laser-based wafering, replacing traditional mechanical methods. It serves electric vehicle, renewable energy, data center, and power electronics manufacturers through direct wafer sales and manufacturing-as-a-service.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersSanta Clara, United States
HQ citystring
Santa Clara
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
laser wafering services, silicon carbide wafers, semiconductor manufacturing, power electronics materials, laser material processing
Industry2 codes
1Compound Semiconductor Wafers & Substrates (SiC/GaN/GaAs/InP/Sapphire)
CodeHDAHAGABPrimaryYes
2Wafer Services & Reclaim (Epitaxy, Thinning, Reclaim)
CodeHDAHACAHPrimaryNo
NAICS code2 codes
  • Semiconductor and Related Device Manufacturing334413
  • Semiconductor Machinery Manufacturing333242
SIC code1 code
  • Electronic Components, Nec3679
Product category
Semiconductor Materials Manufacturing
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1SiC Wafer Sales
TypeOne Time License
Description

Production and sale of silicon carbide wafers in multiple thicknesses and four quality grades (MOSFET Production, Diode Production, R&D, and Mechanical Grade). Delivers 2.2-2.3 wafers per mm with industry-leading yield per ingot.

halo-industries.com
2Laser Wafering Services
TypeManaged Services
Description

Manufacturing excellence as a service model offering laser slicing with precision geometry control, grinding and surface preparation, chemical mechanical polishing (CMP), and metrology and wafer mapping. No upfront equipment costs for customers - turns fixed expenses into flexible economics.

halo-industries.com
3Custom Solutions
TypeProfessional Services
Description

Tailored wafering solutions including custom material processing, prototype development and testing, process optimization consulting, and technical support and training.

halo-industries.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Technology or R&D, Operations, Personnel, Infrastructure, Marketing or Sales, Supply Chain
Pricing details1 tier
1No upfront equipment costs - service model provides flexible economics
ModelOtherBilling cadencePay-as-you-go
Notes

Laser wafering services provided as a managed service with no capital investment required from customers. Pricing determined through consultative engagement based on specific customer requirements, materials, geometries, and quality requirements.

halo-industries.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Halo Industries manufactures silicon carbide (SiC) wafers using proprietary laser-based wafering technology for the semiconductor industry. The company replaces traditional mechanical diamond-saw wafering with laser precision, producing SiC wafers in multiple quality grades (MOSFET Production, Diode Production, R&D, Mechanical Grade). It also delivers laser wafering as a managed manufacturing service and provides custom wafering solutions co-developed with customers for advanced materials and specialized geometries.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 90% reduction in material waste (kerf loss)
+3 more records
Product overview1 text field

Halo Industries is a laser-based manufacturing services company for the semiconductor industry, founded in 2014 as a Stanford spinout. Their portfolio consists of three integrated offerings: SiC wafers (production-grade silicon carbide wafers in multiple quality grades for power electronics), laser wafering services (manufacturing excellence delivered as a service with no upfront equipment investment), and custom solutions (tailored wafering solutions for specific materials and requirements). The company operates from California and serves industries including electric vehicles, renewable energy, data centers, telecommunications, aerospace and defense, and consumer electronics.

Product and service3 records
1SiC wafers
CategorySemiconductor Materials
Description

Production-grade silicon carbide wafers in multiple thicknesses and four quality grades engineered for power electronics in electric vehicles, renewable energy, data centers, telecommunications, aerospace & defense, and power infrastructure. Laser-cut wafers eliminate bow, warp, and subsurface damage that plague traditional mechanical wafering.

2Laser wafering services
CategoryManufacturing Services
Description

Manufacturing excellence delivered as a service: laser slicing with precision geometry control, grinding and surface preparation, chemical mechanical polishing (CMP), and metrology and wafer mapping. Customers avoid upfront equipment costs and capacity risk while accessing Halo's proprietary laser process.

3Custom Solutions
CategoryCustom Manufacturing Services
Description

Tailored wafering solutions co-developed with customers to optimize for specific materials, geometries, and quality requirements, including custom material processing, prototype development and testing, process optimization consulting, and technical support and training.

Scale indicator7 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierFounding PartnerTypeStrategic or Co-development Partner
Description

Halo Industries was founded in 2014 as a Stanford spinout, combining breakthrough research with real-world execution. The Stanford connection provides ongoing access to research talent and academic rigor.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeEmerging player
Description

French engineered-substrate leader developing SmartSiC, a wafer-bonding approach to low-defect SiC wafers for power electronics. Targets the same SiC wafer end-market as Halo via an alternative process route, making it a relevant emerging competitor for the same EV and industrial customers.

TypeDirect peer
Description

German specialist in laser micromachining systems for semiconductors, including laser dicing, wafer singulation, and SiC processing. A direct technology peer to Halo's laser-based wafer processing capability, supplying equipment to similar fab and power-electronics customers.

TypeBroad incumbent
Description

Large diversified compound-semiconductor and laser-photonics platform that inherited II-VI's SiC wafer business through the II-VI/Finisar merger. Overlaps with Halo on SiC wafer production and laser process technology but operates across a much broader materials and optics portfolio.

TypeDirect peer
Description

Japanese precision equipment maker and global leader in wafer dicing, grinding, and laser-based wafer processing machinery. Closely comparable to Halo's laser wafering equipment/process capability and supplies many of the same fab customers with singulation and thinning tools.

TypeDirect peer
Description

Japanese chemical/materials company and one of the largest merchant suppliers of SiC epitaxial wafers for power devices. Directly competes with Halo in supplying production-grade SiC wafers to automotive and industrial power electronics customers.

TypeDirect peer
Description

Subsidiary of SK Siltron specializing in SiC wafer manufacturing for EV and power electronics. A direct competitor in the same SiC wafer market with comparable focus on MOSFET- and diode-grade substrates that Halo's laser-cut wafers target.

TypeDirect peer
Description

Vertically integrated SiC wafer and device manufacturer with captive ingot growth and large-scale fab capacity. Directly comparable to Halo as a competing source of production-grade SiC wafers for EV, industrial, and RF power customers.

TypeOthers
Description

Supplier of optical/metrology and inspection equipment used across semiconductor wafer production, including SiC. Adjacent to Halo through the metrology and wafer-mapping services Halo itself offers, and a potential supplier of in-line inspection tools Halo's customers use to qualify its wafers.

TypeBroad incumbent
Description

Infineon's acquired cold-split technology (originally Siltectra) competes directly with Halo's laser approach for thin SiC wafer production. Represents the incumbent alternative path to material-efficient SiC wafering that Halo must displace in customer qualification processes.

TypeBroad incumbent
Description

Vertically integrated Japanese power-semi maker that acquired SiCrystal to secure captive SiC wafer supply. Competes with Halo in the SiC wafer market as both a customer (historically) and increasingly as a vertically integrated merchant supplier serving EV and industrial power customers.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment7 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile7 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles13 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds6 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors8 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Halo Industries

Semiconductor Materials Manufacturinghalo-industries.com

Halo Industries is a Stanford spinout that produces silicon carbide wafers using proprietary laser-based wafering, replacing traditional mechanical methods. It serves electric vehicle, renewable energy, data center, and power electronics manufacturers through direct wafer sales and manufacturing-as-a-service.

What Halo Industries does

Halo Industries is a Santa Clara-based semiconductor manufacturing company founded in 2014 as a Stanford spinout. The company has developed proprietary laser-based wafering technology that replaces traditional mechanical (diamond-saw) wafer slicing, with a process purpose-built for hard and brittle materials and currently focused on silicon carbide (SiC). The process delivers 2.2 to 2.3 wafers per millimeter of ingot, reduces kerf loss by 90%, eliminates bow, warp, and subsurface damage, lowers manufacturing cost by more than 60%, and improves wafer throughput by 2 to 3 times relative to conventional methods. Halo operates from a single headquarters at 3270 Scott Blvd in Santa Clara, California, employs 101-250 people, and has raised approximately $132 million in cumulative funding through Series B.

The company monetizes through three integrated offerings: direct sale of production-grade SiC wafers in multiple thicknesses and four quality grades (MOSFET Production, Diode Production, R&D, and Mechanical Grade); laser wafering services delivered as manufacturing-as-a-service covering slicing, grinding, chemical mechanical polishing, and metrology with no upfront equipment investment for the customer; and custom solutions including prototype development, process optimization, and technical training. Pricing is quote-based and not publicly disclosed. The service-based component converts customer capex into variable cost, a structure Halo uses as a primary commercial differentiator against in-house wafering options.

Halo pursues a sales-led, consultative go-to-market motion targeting semiconductor manufacturers and power electronics companies across seven verticals. Electric vehicles, renewable energy, and data centers are identified as primary segments, with telecommunications, aerospace and defense, power infrastructure, and augmented reality as secondary targets. End-applications cited include SiC-based power electronics for EV drivetrains and charging infrastructure, solar and wind inverters, AI processor thermal management, RF components, radar, and HVDC grid systems. No customer names are publicly disclosed. The company is backed by U.S. Innovative Technology Fund (Series B lead), 8VC, SAIC, the California Energy Commission, Prime Movers Lab, Abstract Ventures, Atento Capital, Fontinalis Partners, and Harmonix.

Halo Industries firmographics

Firmographics
Name
Halo Industries
Legal name
Halo Industries
Website
https://halo-industries.com
Company type
Private
Founded year
2014
Operating status
Operating
Headcount range
101–250 employees
Short description
Halo Industries is a Stanford spinout that produces silicon carbide wafers using proprietary laser-based wafering, replacing traditional mechanical methods. It serves electric vehicle, renewable energy, data center, and power electronics manufacturers through direct wafer sales and manufacturing-as-a-service.
Ownership category
akta.pro rank

Halo Industries industry classification

Industry
Product category
Semiconductor Materials Manufacturing
NAICS
Semiconductor and Related Device Manufacturing (334413), Semiconductor Machinery Manufacturing (333242)
SIC
Electronic Components, Nec (3679)
akta.pro primary industry
Compound Semiconductor Wafers & Substrates (SiC/GaN/GaAs/InP/Sapphire) (HDAHAGAB)
akta.pro secondary industry
Wafer Services & Reclaim (Epitaxy, Thinning, Reclaim) (HDAHACAH)

Keywords

  • Laser wafering services
  • Silicon carbide wafers
  • Semiconductor manufacturing
  • Power electronics materials
  • Laser material processing

Where Halo Industries is headquartered

Location

Headquarters

HQ city
Santa Clara
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Halo Industries business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Technology or R&D, Operations, Personnel, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

  1. SiC Wafer Sales: Production and sale of silicon carbide wafers in multiple thicknesses and four quality grades (MOSFET Production, Diode Production, R&D, and Mechanical Grade). Delivers 2.2-2.3 wafers per mm with industry-leading yield per ingot.
  2. Laser Wafering Services: Manufacturing excellence as a service model offering laser slicing with precision geometry control, grinding and surface preparation, chemical mechanical polishing (CMP), and metrology and wafer mapping. No upfront equipment costs for customers - turns fixed expenses into flexible economics.
  3. Custom Solutions: Tailored wafering solutions including custom material processing, prototype development and testing, process optimization consulting, and technical support and training.

Pricing tiers

ModelBillingPrice
OtherPay-as-you-goNo upfront equipment costs - service model provides flexible economics

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Halo Industries product offering

Product offering

Core offering

Halo Industries manufactures silicon carbide (SiC) wafers using proprietary laser-based wafering technology for the semiconductor industry. The company replaces traditional mechanical diamond-saw wafering with laser precision, producing SiC wafers in multiple quality grades (MOSFET Production, Diode Production, R&D, Mechanical Grade). It also delivers laser wafering as a managed manufacturing service and provides custom wafering solutions co-developed with customers for advanced materials and specialized geometries.

Product overview

Halo Industries is a laser-based manufacturing services company for the semiconductor industry, founded in 2014 as a Stanford spinout. Their portfolio consists of three integrated offerings: SiC wafers (production-grade silicon carbide wafers in multiple quality grades for power electronics), laser wafering services (manufacturing excellence delivered as a service with no upfront equipment investment), and custom solutions (tailored wafering solutions for specific materials and requirements). The company operates from California and serves industries including electric vehicles, renewable energy, data centers, telecommunications, aerospace and defense, and consumer electronics.

Differentiator

Problem solved

Functional benefit

Products and services

  • SiC wafers Production-grade silicon carbide wafers in multiple thicknesses and four quality grades engineered for power electronics in electric vehicles, renewable energy, data centers, telecommunications, aerospace & defense, and power infrastructure. Laser-cut wafers eliminate bow, warp, and subsurface damage that plague traditional mechanical wafering.
  • Laser wafering services Manufacturing excellence delivered as a service: laser slicing with precision geometry control, grinding and surface preparation, chemical mechanical polishing (CMP), and metrology and wafer mapping. Customers avoid upfront equipment costs and capacity risk while accessing Halo's proprietary laser process.
  • Custom Solutions Tailored wafering solutions co-developed with customers to optimize for specific materials, geometries, and quality requirements, including custom material processing, prototype development and testing, process optimization consulting, and technical support and training.

Quantifiable outcome

  • 90% reduction in material waste (kerf loss)
  • +3 more outcomes

Companies that use Halo Industries

Customer profile

Segments7 records

Ideal customer profiles7 records

Halo Industries technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Halo Industries partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Stanford Universityfounding partnerStrategic or Co-development PartnerHalo Industries was founded in 2014 as a Stanford spinout, combining breakthrough research with real-world execution. The Stanford connection provides ongoing access to research talent and academic rigor.

Scale indicators7 records

Recent moves5 records

Expansion highlights6 records

Halo Industries competitors and assessment

Company assessment

Emerging players

  • Soitec (SmartSiC): French engineered-substrate leader developing SmartSiC, a wafer-bonding approach to low-defect SiC wafers for power electronics. Targets the same SiC wafer end-market as Halo via an alternative process route, making it a relevant emerging competitor for the same EV and industrial customers.

Direct peers

  • 3D-Micromac AG: German specialist in laser micromachining systems for semiconductors, including laser dicing, wafer singulation, and SiC processing. A direct technology peer to Halo's laser-based wafer processing capability, supplying equipment to similar fab and power-electronics customers.
  • DISCO Corporation: Japanese precision equipment maker and global leader in wafer dicing, grinding, and laser-based wafer processing machinery. Closely comparable to Halo's laser wafering equipment/process capability and supplies many of the same fab customers with singulation and thinning tools.
  • Resonac (formerly Showa Denko): Japanese chemical/materials company and one of the largest merchant suppliers of SiC epitaxial wafers for power devices. Directly competes with Halo in supplying production-grade SiC wafers to automotive and industrial power electronics customers.
  • SK Siltron CSS: Subsidiary of SK Siltron specializing in SiC wafer manufacturing for EV and power electronics. A direct competitor in the same SiC wafer market with comparable focus on MOSFET- and diode-grade substrates that Halo's laser-cut wafers target.
  • Wolfspeed: Vertically integrated SiC wafer and device manufacturer with captive ingot growth and large-scale fab capacity. Directly comparable to Halo as a competing source of production-grade SiC wafers for EV, industrial, and RF power customers.

Broad incumbents

  • Coherent (formerly II-VI): Large diversified compound-semiconductor and laser-photonics platform that inherited II-VI's SiC wafer business through the II-VI/Finisar merger. Overlaps with Halo on SiC wafer production and laser process technology but operates across a much broader materials and optics portfolio.
  • Siltectra (Infineon Technologies): Infineon's acquired cold-split technology (originally Siltectra) competes directly with Halo's laser approach for thin SiC wafer production. Represents the incumbent alternative path to material-efficient SiC wafering that Halo must displace in customer qualification processes.
  • ROHM Semiconductor (SiCrystal): Vertically integrated Japanese power-semi maker that acquired SiCrystal to secure captive SiC wafer supply. Competes with Halo in the SiC wafer market as both a customer (historically) and increasingly as a vertically integrated merchant supplier serving EV and industrial power customers.

Others

  • Onto Innovation: Supplier of optical/metrology and inspection equipment used across semiconductor wafer production, including SiC. Adjacent to Halo through the metrology and wafer-mapping services Halo itself offers, and a potential supplier of in-line inspection tools Halo's customers use to qualify its wafers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Halo Industries social profiles

Digital presence

Halo Industries financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Halo Industries leadership team

Management profile

Number of profiles

Profiles13 records

Halo Industries funding detail

Funding detail

Funding overview

Funding rounds6 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Halo Industries M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Halo Industries

What does Halo Industries do?

Halo Industries manufactures silicon carbide (SiC) wafers using proprietary laser-based wafering technology for the semiconductor industry. The company replaces traditional mechanical diamond-saw wafering with laser precision, producing SiC wafers in multiple quality grades (MOSFET Production, Diode Production, R&D, Mechanical Grade). It also delivers laser wafering as a managed manufacturing service and provides custom wafering solutions co-developed with customers for advanced materials and specialized geometries.

Is Halo Industries a public or private company?

Halo Industries is a private company. It is classified as venture growth investor backed and is currently operating.

When was Halo Industries founded?

Halo Industries was founded in 2014. It employs 101 to 250 people.

Where is Halo Industries based?

Halo Industries is headquartered in Santa Clara, United States, in the North America region.

How does Halo Industries make money?

Three revenue lines are on record. SiC Wafer Sales are the primary driver. The others are laser Wafering Services and custom Solutions.

Who are Halo Industries's main competitors?

Soitec (SmartSiC) is listed as an emerging player. Direct peers are 3D-Micromac AG, DISCO Corporation, Resonac (formerly Showa Denko), SK Siltron CSS and Wolfspeed. Broad incumbents are Coherent (formerly II-VI), Siltectra (Infineon Technologies) and ROHM Semiconductor (SiCrystal). Onto Innovation is listed as an others.

Does Halo Industries have an API?

No public API is recorded for Halo Industries.

What industry is Halo Industries in?

Halo Industries's product category is Semiconductor Materials Manufacturing. Its primary akta.pro industry code is HDAHAGAB, Compound Semiconductor Wafers & Substrates (SiC/GaN/GaAs/InP/Sapphire), with a secondary code of HDAHACAH, Wafer Services & Reclaim (Epitaxy, Thinning, Reclaim). Its NAICS code is 334413 and its SIC code is 3679.

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Live signals
Business Wire BlogHalo Industries Closes $80 Million Series B Funding Round Led by Thomas Tull’s U.S. Innovative Technology FundHalo Industries has closed an $80 million Series B funding round led by Thomas Tull’s U.S. Innovative Technology Fund, with participation from 8VC and SAIC. The capital will be used to scale the commercialization of its proprietary laser manufacturing technology for silicon carbide wafers, which are critical for next-generation power electronics. This investment supports the company's mission to establish a new gold-standard in SiC substrate production to meet growing demand in clean tech sectors.Venture Capital Access OnlineHalo Industries Closes $80 Million Series B Funding Round Led by Thomas Tull’s U.S. Innovative Technology FundHalo Industries has closed an $80 million Series B funding round led by Thomas Tull’s U.S. Innovative Technology Fund, with participation from 8VC and SAIC. The capital will be used to scale the commercialization of its proprietary laser-based manufacturing technology for silicon carbide wafers. This financing supports the company's mission to establish a new standard in semiconductor substrate production and onshore manufacturing capabilities.VC News DailyHalo Industries Closes $80M Series BHalo Industries has closed an $80 million Series B funding round led by U.S. Innovative Technology Fund, with participation from 8VC and SAIC. The Santa Clara-based company develops laser manufacturing technology platforms for the semiconductor industry.PR NewswireREVASUM (ASX: RVS) secures the sale of a second 7AF-HMG grinder to HALO Industries.Revasum (ASX: RVS) announced the sale of a second 7AF-HMG silicon carbide grinder to Halo Industries, a silicon carbide substrate manufacturer based in Santa Clara, California. This repeat order validates the grinder's market position in SiC substrate manufacturing for power devices like MOSFETs. The developing partnership underscores Revasum's traction in supplying capital equipment to the SiC semiconductor supply chain.