MoneyThe story, in brief

VC Eclipse has a new $1.3B fund to back — and build — ‘physical AI’ startups

$1.3B. That's what VC Eclipse just raised to back and build physical AI startups.

Paper-cut illustration of amber paths carrying capital toward a small coral research venture between larger buildings.
Capital and the next generation of AI ventures.AI illustration by KeyNews
The KeyNews take

Why it matters

Eclipse is not just investing in physical AI — they're building the companies themselves through an incubation model, signaling a shift toward hands-on venture capital in robotics and embodied AI.

The key facts

4 to know
  1. Eclipse raised $1.3B for new fund

  2. Focus on 'physical AI' startups (robotics, embodied AI)

  3. Fund will incubate and build startups internally, not just provide capital

  4. Published April 7, 2026

Go to the source

TechCrunch Startupstechcrunch.com

Publisher excerpt: Eclipse will put some of that money towards incubating, or building startups.
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