Eclipse Venture Equity (VE) leverages the Eclipse team’s collective operating expertise by partnering with world-class founders to catalyze new businesses and accelerate their growth. These founders launch companies having acquired industry-leading design partners or shipped initial deliverables — product, prototypes, and plants — typically within 6-12 months, and have gone on to raise over $800M in aggregate over three times faster than the industry median.
Eclipse Venture Equity (VE) partners with select founders to help build generational businesses that fundamentally change our physical industries. VE offers experienced founders, successful executives, and other exceptional talent the opportunity to explore and accelerate new business theses with access to Eclipse’s vast customer relationships, talent networks, as well as large and strategic Early-Stage funds. VE is not an incubator, accelerator, cohort-based program, or entrepreneurship training.
Founders who have created some of the world’s most innovative technologies — from Virgin Hyperloop, to Northvolt, to Kiva/Amazon Robotics, to Tesla, and more — choose to build their next venture with Eclipse from day zero.
CEO, Gambit
Josh Giegel
Previously:
CEO and Co-Founder of Virgin Hyperloop
CEO, Mytra
Chris Walti
Previously:
Sr. Manager, Lead for Tesla Bot (Optimus Humanoid)
CEO, Reframe
Vikas Enti
Previously:
Amazon Head of Systems and Robotics, Kiva Systems
CEO, Peak Energy
Landon Mossburg
Previously:
President and GM, Northvolt America, Tesla
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Energy & Electrification, Manufacturing
Series A
Peak Energy is a grid-scale storage company bringing sodium-ion batteries to the $25B U.S. utility storage market. Compared to lithium, sodium batteries are lower cost, safer, and are built on an abundant, available material supply chain. The technology is scaling rapidly in China, signaling mass market maturity. Working with three of the top five renewable energy companies in the U.S., Peak is deploying sodium ESS to the grid starting next year. In parallel, Peak is building the first giga-scale sodium battery factory in the U.S., taking advantage of the favorable policy environment and the skyrocketing demand for clean energy for everything from EVs to AI data centers. Peak was founded in 2023 by industry veterans Landon Mossberg (Tesla, Northvolt) and Cam Dales (Enovix, Symyx) with seed funding from Eclipse, TDK, and InQtel. The company's Series A was led by Xora Innovation with participation from Eclipse, TDK, Tishman Speyer, Doral Energy, TechEnergy Ventures, and Lachy Groom.
“Eclipse has been a true Co-Founder to Peak, providing everything from deep thought partnership to incredible industry access, and setting us up for scale from day one. I had a longstanding relationship with Eclipse partners from my time at Tesla in 2016. When I was exploring my next chapter after my run as President of Northvolt NA, we reconnected over a shared interest in energy supply chains and the energy storage market, driven by a thesis Eclipse published on long-duration energy storage. Through our partnership, Eclipse has driven critical market discovery with dozens of high-caliber industry introductions, facilitated customer development with introductions to current customers with GWh/yr partnerships, and supported early team hires, including multiple founding team members like Cam Dales, who was an Operating Partner at Eclipse. Their Co-Founder quality thought partnership spans strategy, go-to-market, product, and capitalization, making Eclipse an indispensable part of our journey."
Founder & CEO, PEAK ENERGY
Construction & Real Estate
Seed
Reframe Systems is pioneering building the future of net-zero carbon multifamily residential housing by harnessing design automation, modular building components, and advanced manufacturing techniques in robotic microfactories. Vikas Enti, CEO of Reframe, and his Co-Founders, Aaron Small and Felipe Polido, spent a combined 20 years in the warehousing industry during their time at Amazon Robotics. They witnessed first-hand Amazon’s rapid global warehouse expansion software, automation, and robotics, inspiring Vikas to apply those learnings to tackle the housing crisis and reduce its carbon footprint.
“Eclipse has been instrumental in shaping my thesis on scaling modular construction with advanced manufacturing techniques. The team’s thoughtful questions, deep insights on infrastructure development challenges, and perspectives on business strategy helped accelerate the development of my thesis into a funded startup in under four months. The Eclipse team introduced me to over 20 developers and general contractors, helped narrow down the target real estate market, and sourced key manufacturing and business development initial hires to tackle the $10 billion modular construction market.”
CEO, Reframe
Healthcare
Series A
There are over 400 radiopharmaceutical drugs in development, but there’s a gap when it comes to development capabilities and manufacturing partners. Eclipse collaborated with Mayo Clinic to create Nucleus RadioPharma, a new company dedicated to ensuring cancer patients can access potentially lifesaving radiopharmaceuticals. Nucleus RadioPharma is focused on modernizing the clinical development, manufacturing, and supply chain of these promising new therapies. As a full-service contract development and manufacturing organization (CDMO), Nucleus will serve the fast-growing radiopharmaceutical space.
“The Eclipse team was instrumental in bringing together a world-class team, combining radiopharmaceutical development, clinical, and commercial expertise. This ultimately enabled rapid progress from idea to early commercial traction in a number of months.”
CEO of Nucleus Radiopharma
Construction & Real Estate, Advanced Compute
Seed
Stealth Industrial Equipment NewCo is building the future of autonomous heavy equipment for our critical industries; starting with heavy earthmoving equipment in construction. This will accelerate the buildout of manufacturing facilities, distribution centers, data centers, and large housing developments. Today massive labor shortages, aging workforces (40% of the construction workforce will retire in the next 10 years), costs of housing, and crumbling infrastructure, drives a huge need for production improvements. Rapid advances in the hardware, software, and infrastructure to develop highly reliable autonomous machines have made it possible to reuse significant amounts of core infrastructure and data to expand the reliable operating domain of autonomy.
"I met the Eclipse team in the early stages of ideation, months before we founded the company. We collaborated across multiple early ideas, finding alignment and shared theses in heavy equipment autonomy. We spent about three months in deep industry outreach and connection, which yielded over 30 high-quality industry connections. These connections spanned customer discovery with the country's top general contractors and local subcontractors, testing grounds and facilities, strategic investors, company advisors, and channel partners.This partnership accelerated our commercial development and industry learning. Our collaboration with Eclipse spanned product, go-to-market, capital, and team strategy, making their contributions indispensable to our early success."
CEO, Stealth Newco
Manufacturing
Series C
Bright Machines is an industry-leading software and robotics company providing a full stack automation solution for manufacturing. The company’s flexible automated assembly specializes in building the AI backbone – AI hardware infrastructure. By leveraging computer vision, machine learning, and software applications, Bright Machines transforms the way products can be designed and manufactured.
Eclipse’s first “buildco,” Bright Machines, was founded in 2018 by Eclipse and a small team of industry veterans who had previously led the Advanced Engineering initiative at global manufacturing leader Flex. Eclipse eventually carved out the technology and team to create a standalone company defined by a software-first approach to its product offering, combined with the agility of a Silicon Valley startup. Now, with a global footprint, 200+ employees, and subsequent investments from leading organizations, including Blackrock, Microsoft, and Nvidia, Bright Machines is a pioneer in software-defined manufacturing. The company was previously named “Best AI-based Solution for Manufacturing” by AI Breakthrough, “Technology Pioneer” by the World Economic Forum, and one of “America’s Most Promising Artificial Intelligence Companies” by Forbes.
Defense & Security
Seed
Gambit is bringing autonomous capabilities to the U.S. government’s inventory of existing, deployed manned and unmanned equipment, transforming the last generation of defense technology and making distributed intelligence a reality. Josh Giegel, Founder and CEO of Gambit, led large complex hardware and software engineering teams as Co-Founder and CEO of Virgin Hyperloop.
"The Eclipse team facilitated introductions to key stakeholders in the defense sector, organized several strategic trips to DC to meet with those stakeholders, and provided invaluable support in hiring key members of the commercial team. Their deep industry connections and proactive approach significantly accelerated our entry into the defense market, laying a strong foundation for our growth."
Founder & CEO of Gambit
Climate Technology
Seed
Stealth Remediation NewCo is building a scalable environmental remediation solution to tackle the worldwide problem of land contamination. Since the Industrial Revolution, pollution has outpaced cleanup efforts, leaving toxic chemicals in our environment and causing enormous health and economic impacts worldwide. Using robotics, automation, and scalable chemical destruction techniques, NewCo is building the world’s first generalizable remediation platform to solve the massive and latent toxicity problems in our environment.
“Through customer discovery and partner meetings, we refined a broad hypothesis into a precise business plan in six months instead of 18. Working with the Eclipse VE team allows a founder to sit on the same side of the table. You stress test ideas together and see if a startup idea is worth a decade or more of your life. This means not only that you launch with a higher chance of ultimate success, but also with the understanding that you have a partner that has the same level of conviction as you do."
Founder & CEO of Stealth Remediation NewCo
We partner from the earliest stages of ideation with the world’s most talented leaders, to solve massive issues in the world’s most stagnant industries by leveraging a modern technology stack and innovative business models. Our process is entirely bespoke and matches to each founder — we don’t have ‘cohorts’ or ‘classes’ — and we only build businesses where Eclipse and our network of partners, LPs, and talent can give founders an asymmetric advantage.
We spend months working together to ideate, design, and validate solutions before capitalizing and accelerating these new businesses to scale.
01 | 06
From the food we eat to the goods we use, every facet of our lives relies on machines and their capabilities. A thriving economy depends on a highly capable industrial foundation. However, the U.S. industrial complex hasn’t kept pace with innovation and is now inadequate to meet the needs of our growing economy.
We must ensure our mission-critical machines can reliably and efficiently produce goods, deliver services, and improve lives. Technologies like automation, computer vision, and machine learning are essential to enable more nimble operations and avoid unexpected breakdowns, interruptions, and expensive delays.
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02 | 06
Over the last three decades, manufacturing contribution to domestic GDP has dwindled from 27% to a mere 12%, taking the income, knowledge, and ecosystems to a complex array of overseas suppliers. The pandemic further exposed just how brittle our domestic manufacturing capability has become – the necessity to transform our manufacturing base can no longer be ignored.
As we rebuild our domestic and near-shore capabilities, we need technologies like automation, artificial intelligence, and production-scale additive manufacturing to innovate our way into the New Economy.
03 | 06
The world watched as supply chain bottlenecks caused by heightened demand, trade restrictions, factory lockdowns, port closures, and interconnected global supply networks crippled the economy during and after the pandemic. First responders and critical industries were left without the basic equipment and materials necessary to do their work. Supply chain chaos also exposed our lack of manufacturing capability, which is now being weaponized in an increasingly divisive geopolitical environment.
But to survive — let alone thrive — we cannot simply copy-paste systems and structures currently used elsewhere. We must leverage advances in robotics, artificial intelligence, machine learning, and automation to revolutionize how we source, store, produce, and transport everything from raw commodities to end products.
04 | 06
The pace of innovation in healthcare and life sciences is increasing exponentially, but the infrastructure required to bring these innovations to the world at a meaningful cost and scale is lagging.
We must apply technologies that integrate software and hardware — such as computationally designed enzymes, fully automated end-to-end manufacturing solutions, modernized supply chain, and actionable digital health capabilities — to solve these problems and bridge the gap between science and infrastructure.
05 | 06
Transportation — especially commercial transportation — is reaching a breaking point. The systems we use to move people and goods are dirty, inefficient, and clog our roadways. We face grave shortages of pilots, public transportation drivers and operators, and truck drivers. Transportation costs are skyrocketing, making public transit systems inaccessible for communities of lower socioeconomic backgrounds and the transportation of goods financially challenging.
Technologies like autonomy, reinforcement learning, and software systems are needed to meet transportation’s rising demands, make the movement of people and goods more efficient, and help lower operating costs.
06 | 06
Physical industries are essential for sustaining and improving the global population's quality of life. Yet, the aging systems and processes these industries rely on have brought forth dire consequences. While the Industrial Revolution enabled exponential GDP growth and lifted billions out of poverty, it also contributed to the climate crisis we face today. Physical industries, including agriculture, industrial manufacturing, and transportation account for 75% of global greenhouse gas (GHG) emissions.
The world will not reach net zero without actively reducing emissions in physical industries. The adoption of new forms of energy storage, modern manufacturing, and efficient logistics and supply chains will reduce emissions of physical industries while strengthening the economy.
