Eclipse Ventures has announced the close of $1.3 billion across two new funds, marking the largest fundraise in the firm’s history and bringing its total assets under management to approximately $10 billion. The capital is split between Eclipse Fund VI, totaling $720 million, and Early Growth Fund III, totaling $591 million.

The firm is positioning this raise as a major step toward accelerating the transformation of physical industries, including manufacturing, infrastructure, energy, and supply chains. Rather than focusing solely on individual startups, Eclipse emphasized its strategy of building an interconnected ecosystem of companies that collaborate across infrastructure, talent, and customer networks.

Founded in 2015, Eclipse has centered its investment strategy on industrial and “physical world” technologies. The firm believes that the next wave of innovation will come from companies that power, move, and manufacture real-world systems, supported by aligned forces across technology, capital, policy, and talent.

Eclipse also highlighted its operator-led approach, noting its experience in building factories, scaling hardware, and deploying complex infrastructure. The firm says this hands-on background enables it to better support founders tackling challenges in industrial sectors.

The announcement underscores a broader trend in venture capital toward increased investment in hard tech and industrial innovation, as well as renewed focus on economic resilience, national security, and infrastructure modernization.