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Eclipse

ServicePalo Alto, CA, USAFounded 2015· One of 2024 Service companies tracked by AMPulse

Venture capital firm that invests in and incubates startups focused on physical AI, robotics, automation, and advanced manufacturing, including additive manufacturing companies.

CEO / Founder
Lior Susan
Team Size
11-50
Stage
Active
Total Funding
$1.3B
Latest Round
Venture Round
Key Investors
U.S. university endowments; Foundations

Technology & Products

Key Products

Venture Equity incubation program; Growth-stage investments; Portfolio company support

Technological Advantage

Operational expertise from partners with backgrounds in companies like Tesla and Rivian; ability to deploy significant capital ($1.3B recent fund) across stages to support scaling; strategic focus on manufacturing sectors undergoing digital transformation.

Differentiation

Value Proposition

Provides patient, long-duration capital and operational expertise to help hardware-heavy, long-cycle manufacturing startups scale production and achieve customer qualification, particularly for U.S.-based reshoring and supply chain resilience.

How They Differentiate

Unlike generalist tech VCs, Eclipse specifically targets physical industries and advanced manufacturing with a dedicated incubation program and larger, patient funds focused on the multi-year qualification cycles of industrial AM.

Market & Competition

Target Customers

Early-stage to growth-stage startups in physical industries

Industry Verticals

Advanced Manufacturing; Robotics; Aerospace/Defense; Automotive; Energy; Transportation

Competitors

Lux Capital; Playground Global; DCVC

Growth & Milestones

Growth Metrics

Raised $1.3 billion across two new funds in 2026, bringing total assets under management to approximately $10 billion.

Major Milestones

2026: Raised $1.3B across Eclipse Fund VI ($720M) and Early Growth Fund III ($591M); 2025: Co-led a $220M funding round for VulcanForms