Eclipse Ventures
UnclaimedAt a Glance
- Check Size
- $200K – $5M
- Stage
- Pre-Seed, Seed, Series A, Series B+
- Sectors
- Aerospace & Defense, Digital Health, Other +2
- Founded
- 2015
- HQ
- Palo Alto, CA
About Eclipse Ventures
Eclipse Ventures is a venture capital firm based in Palo Alto, CA founded in 2015. Palo Alto based Eclipse Ventures partners with entrepreneurs boldly transforming the essential industries that define and propel economies. Learn more. The firm focuses on Pre-Seed, Seed, Series A, Series B+ investments across sectors including Aerospace & Defense, Digital Health, Other, Consumer, Fintech. The firm manages $2.5B in assets under management. Notable portfolio companies include Desktop Metal, Bright Machines, Velo3D, AiDash, Cityblock Health and Gecko Robotics. Invests in intelligent systems companies that apply software and AI to transform physical industries and infrastructure.
Investment Thesis
“Invests in intelligent systems companies that apply software and AI to transform physical industries and infrastructure.”
Sector Focus
Investment Stage
Notable Portfolio Companies
Key Team (3)
Fund History (3 funds)
| Fund | Vintage | Size | Status |
|---|---|---|---|
| — | $125M | — | |
| — | $500M | — | |
| — | $900M | — |
Fund History
Eclipse has scaled its core fund roughly fourfold across a decade. SEC filings show Eclipse Fund II, L.P. closing $183.8 million from 86 investors in January 2017, filed alongside Eclipse Continuity Fund I at $125 million. Fund III closed $500 million from 77 investors in January 2019, and Fund IV closed $500 million from 60 investors in April 2021.
The firm added a growth line the same year: Eclipse Early Growth Fund I closed $510 million from 68 investors in November 2021. Fund V and Early Growth Fund II both filed in March 2023, at $720 million and $510 million respectively. The current pair filed in March 2026, with Eclipse Fund VI closing $720 million from 127 investors and Eclipse Early Growth Fund III closing $591 million from 120 investors, putting more than $1.3 billion of fresh capital behind the strategy in a single cycle. Lior Susan is the named executive officer on the 2026 filings, submitted from Palo Alto.
SEC Fund Filings
- Vehicles filed, last 24 months
- 19
- Latest filing
Eclipse Ventures filed a Form D for 19 fund vehicles between Sep 26, 2024 and Sep 25, 2026. The 8 most recent:
| Fund vehicle | Source |
|---|---|
| Eclipse SPV XXXV, L.P. | SEC Form D, filed |
| Eclipse SPV XXXIV, L.P. | SEC Form D, filed |
| Eclipse SPV XXXIII, L.P. | SEC Form D, filed |
| Eclipse SPV XXXII, L.P. | SEC Form D, filed |
| Eclipse Partners Fund VI, L.P. | SEC Form D, filed |
| Eclipse SPV XXXI, L.P. | SEC Form D, filed |
| Eclipse Early Growth Fund III, L.P. | SEC Form D, filed |
| Eclipse Fund VI, L.P. | SEC Form D, filed |
A Form D is the notice a fund files with the SEC when it raises money in a private offering. Feeder funds, parallel funds and SPVs each file their own, so the count measures filing activity, not the number of flagship funds.
Source: SEC EDGAR Form D filings for pooled investment funds, original filings only (amendments excluded). Our filing data starts Jul 1, 2024. Vehicles are matched to Eclipse Ventures by fund name and checked against the sponsor address and named principals on each filing; offering amounts are not shown. Each “SEC Form D” link opens an EDGAR full-text search for that vehicle’s exact name, where the filing itself is listed. See every new fund filing on the Form D Radar.
Investment Timeline (10 deals)
2023
Parallel Systems
Series B$49M2022
Mapbox
Series C$280M2021
Velo3D
Series D+$28MBright Machines
Series C$179M2020
Sight Machine
Series B$27M2019
Turvo
Series B$25MBear Flag Robotics
Series A$8M2018
Desktop Metal
Series D+$160M2017
Planet
Series B$120M2016
Markforged
Series B$30MTeam (2)
Frequently Asked Questions
What stage does Eclipse Ventures invest at?
Eclipse Ventures primarily invests at the Pre-Seed, Seed, Series A, Series B+ stages. This means they focus on companies that are at the earliest idea or prototype phase.
Where is Eclipse Ventures located?
Eclipse Ventures is headquartered in Palo Alto, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.
What sectors does Eclipse Ventures focus on?
Eclipse Ventures focuses on investments in Aerospace & Defense, Digital Health, Other, Consumer, Fintech. Their portfolio reflects deep expertise and networks within these sectors.
What is Eclipse Ventures's typical check size?
Eclipse Ventures's typical investment check size ranges from $200K to $5M. Actual amounts may vary based on the stage, sector, and specific opportunity.
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