According to filings with the U.S. Securities and Exchange Commission, Halo Industries is raising up to $93,498,281.00 in new funding. Sources indicate that as part of senior management President, Andrei Iancu played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Halo Industries
We create novel laser-based hardware systems for materials fabrication that help manufacturers drastically reduce waste, improve quality, and enable next generation technologies. Climate tech and sustainability have always been at the heart of Halo’s vision. In 2014, Halo’s founding team spun out of a Stanford University research lab to develop tools and technology used to manufacture thin, flexible silicon for solar energy and semiconductor applications. 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. Halo’s manufacturing innovations significantly increase SiC wafer yield and quality, accelerating growth opportunities for multiple downstream applications, including electric vehicles (EVs), EV charging stations, solar/wind power electronics, electric grid infrastructure, industrial motor drives, HVAC, electric rail/transit, and aerospace/defense. Halo’s technical and operational growth has positioned the company to become the industry leader in SiC wafering. As Halo builds its capabilities, we remain committed to the team’s core passion for making the world a cleaner, healthier, and more efficient place to live.

To learn more about Halo Industries, visit http://www.halo-industries.com/

Contact:
Andrei Iancu, President
650-394-6032
https://www.linkedin.com/in/andrei-iancu/

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