Eclipse Ventures

Overview

Eclipse Ventures is a leading venture capital firm established in 2015 by Lior Susan, focusing on investing in startups that are redefining physical industries through the integration of hardware, software, and data. Based in Palo Alto, California, the firm emphasizes "full-stack" solutions that modernize key sectors such as manufacturing, logistics, energy, and transportation. As of 2026, Eclipse has raised a significant sum of $1.3 billion across multiple funds to back AI and deep technology sectors, marking its largest capital raise to date.

Recent Developments

April 2026: Eclipse Ventures announced securing $1.3 billion in fresh capital intended to support the advancement of 'physical AI'. This funding is split between early-stage incubation and growth-focused investments, highlighting their commitment to fostering innovation across various sectors like transportation, energy, and defense.
March 2026: The firm has been actively investing in companies such as Bedrock Robotics and Mind Robotics, focusing on the development of autonomous systems and advanced industrial robotics.
February 2026: Eclipse Ventures continued its strategy of integrating digital technologies in physical industries, notably investing in Wayve's Series D to enhance autonomous vehicle technologies.
2025: The firm saw several portfolio companies reach significant milestones, including Cerebras in the AI chip sector and VulcanForms in manufacturing, enhancing its reputation as a proactive backer of substantial technological advancements.
December 2025: With over 100 investments, Eclipse Ventures maintained a high level of activity by facilitating key investments in advanced hardware and infrastructure startups.

Attribute	Information
Founding Date	2015
Headquarters	Palo Alto, California, USA
Founders	Lior Susan
Revenue	Not publicly disclosed
Profits	Not publicly disclosed
Key Investors	Numerous institutional investors
Industry	Venture Capital
Number of Employees	Approximately 50

Early History

Eclipse Ventures was founded in 2015 by Lior Susan, initially as a branch of the Formation 8 venture capital firm, specifically targeting the hardware sector. With its headquarters in Palo Alto, the firm quickly established itself as a pioneer in backing startups that integrate hardware and software to transform physical industries. Lior Susan, leveraging his background in building tech-focused ventures, sought to address the market gap for investments in full-stack industrial technology companies.

Company Profile and Achievements

Eclipse Ventures focuses on investing in transformative physical industries, supporting startups that offer full-stack solutions. Their business model involves fostering growth by providing not just financial support but also operational guidance, technical expertise, and strategic resources.

Key Achievements:
- Successfully raised over $1.3 billion in 2026 to support its expanding portfolio.
- Notable investments include Redwood Materials, Arc, and VulcanForms, enhancing sustainable technologies and advanced manufacturing.
- Played a pivotal role in the success of over a dozen unicorn startups and facilitated multiple IPOs and acquisitions.
- Consistently ranked among the top venture capital firms in terms of assets under management and successful exits.
Strategic Focus: Emphasizes deep technological integration in sectors like AI, robotics, and energy, pushing the boundaries of traditional industry operations.

Current Operations and Market Position

Eclipse Ventures continues to exert a significant influence in the venture capital sector by championing the development of startups that blend digital and physical technologies. Its strategic operations involve deep engagement with portfolio companies to expedite their journey from prototype to market-ready products, enhancing competitiveness and scalability.

Market Position: Acknowledged as a leader in investing in the 'physical AI' space, Eclipse is strategically positioned at the forefront of industrial transformation, offering a supportive ecosystem for startups.
Strategic Initiatives: Their recent fund supports a comprehensive strategy that includes incubating new companies and enhancing existing product capabilities within evolving physical industries.

Conclusion

Eclipse Ventures epitomizes a forward-thinking venture capital firm with a distinct focus on vitalizing physical industries through high-impact technological investments. By successfully raising and deploying substantial capital, the firm underscores the growing investor confidence in its strategic vision. As the venture capital landscape evolves, Eclipse Ventures stands well-positioned to continue leading advancements in AI, robotics, and sustainable industrial technologies, ultimately fostering a resilient and innovative ecosystem that addresses modern economic needs.