Eclipse Raises $1.31B Across Two Funds to Double Down on Industrial and Physical World Innovation
Capital doesn’t whisper when it moves like this. Eclipse just stepped into 2026 with $1.311B across two funds and kept the delivery clean. No theatrics, no overproduction. Just filings, numbers, and a quiet reminder that real industry still runs the world. Eclipse Fund VI pulled in $720M from 127 investors. Eclipse Early Growth Fund III stacked another $591M from 120 investors. No headline circus, no victory lap quotes. Just capital, allocated with intent, aimed straight at the parts of the economy most VCs politely ignore because software margins are easier to explain over cocktails.
Lior Susan, CEO, built Eclipse back in 2015 with a simple idea that most people in venture still struggle to operationalize. The real world is messy, physical, and brutally unforgiving. Supply chains break. Factories stall. Energy grids strain. And yet, that chaos is where the biggest outcomes live. Pierre Lamond, Partner Emeritus, saw the same thing early. Not theory. Pattern recognition earned the hard way.
This is where Eclipse leans in. Manufacturing, logistics, energy, semiconductors. The places where atoms matter as much as bits. Where you don’t just ship code, you ship consequences. Their portfolio reflects that bias toward reality. Companies like Bright Machines, Augury, Enovix, Cellares, VulcanForms. Names that sound like infrastructure because that’s exactly what they are.
Over 100 investments deep, Eclipse isn’t chasing trends. It’s backing the backbone. And with more than $4B in assets under management already in play before this raise, this latest capital isn’t about proving anything. It’s about doubling down where others hesitate.
Here’s the part founders should actually pay attention to. Eclipse didn’t get here by dabbling. They picked a lane early, stayed in it when it wasn’t fashionable, and built conviction while everyone else was busy chasing lighter, faster, prettier narratives. Turns out, discipline compounds just as well as capital.
Two funds. $1.311B. No noise, just signal. If you’re building in the physical world, this isn’t just dry powder sitting on a shelf. This is a firm that understands what it takes when the product isn’t a feature, it’s a factory.
Congratulations to Lior Susan, CEO, Pierre Lamond, Partner Emeritus, and the entire Eclipse team. The rest of the market might still be optimizing dashboards. Eclipse is out here funding the machinery that keeps the lights on.
