Pioneering U.S.-based vertical integration of sodium-ion battery energy storage in partnership with leading Independent Power Producers and utilities. Peak will deploy systems from 2025, alongside a domestic Giga-Battery-Factory by 2027.

Pursuing environmental cleanup on a planetary scale, the company will focus initially on eradicating contaminants with a mobile and modular land decontamination treatment system. Unlike single-use treatment plants, which take months or years to set up, the company’s solution is deployable on contaminated sites in hours.

Automating the sustainable design of buildings for the construction industry, delivering huge time and cost savings. Augmenta's flagship platform leverages artificial intelligence and high-performance computing techniques to generate fully constructible, code-compliant designs of the most costly systems of a building: the mechanical, electrical, plumbing, and structural (MEPS) systems.

Creating a new standard of structural heart intervention. The company is developing a catheter-based robotic platform with next generation implant technology to provide better options for patients with heart valve disease.

A software-first logistics platform enabling industry-best speed and quality, with a lower cost structure compared to legacy incumbents. AxleHire has built a national fulfillment network delivering tens of millions of packages a year with same day / next day service, at a competitive price.

Giving retailers unprecedented visibility and insight into the state of their store environments, while improving inventory and operational challenges through AI and robotics.

Designing and building propulsion systems for the world’s most crucial missions in space and defense.

As the first Integrated Development and Manufacturing Organization (IDMO), Cellares announced plans for its commercial-scale Smart Factory in Bridgewater, NJ. This 118,000 sq ft facility will have capacity for 40,000 cell therapy batches annually — a 10x productivity increase compared with conventional CDMO facilities.

Tenstorrent’s new type of processor, optimized specifically for machine learning workloads, is gathering significant interest from commercial partners across sectors.

Demand for grid-scale energy storage is growing rapidly. Peak Energy is building large-scale sodium-ion battery systems which offer the best electrochemistry for stationary energy in terms of cost, safety, and thermal stability.

One year after Eclipse co-founded Nucleus RadioPharma alongside Mayo Clinic, the company raised $56M to build new facilities to develop, manufacture, and distribute radiopharmaceuticals. The company is already seeing strong commercial traction, and has recruited industry heavyweights to its C-suite.

Founded in early 2022, True Anomaly has demonstrated incredible traction with bookings from government and commercial customers. The company is focused on delivering against these contracts, as well as scaling the team, product, and customer base.

The Condor Galaxy network of nine interconnected supercomputers launched by Cerebras in partnership with G42, a UAE-based technology group, will significantly reduce AI model training time. The strategic partnership kicks off with a $100M deal (growing to ~$1B as more supercomputers are delivered), one of the largest contracts for a Nvidia competitor.

Cellares' TAP program allows cell therapy developers to adopt the company's automated manufacturing technology for products in their pipeline. Bristol Myers Squibb quickly expanded from one to two agreements to evaluate the Cell Shuttle for production of two therapies, and Lyell Immunopharma also entered a proof-of-concept study for manufacturing its LYL797 CAR-T asset using the Cell Shuttle.

In its first full year of operations, True Anomaly won a $17.4M Phase III SBIR contract from the U.S. Space Force. The company will deliver a suite of Space Domain Awareness (SDA) applications through its integrated operating system, known as Mosaic.

Reliable Robotics became the first autonomous aircraft company to receive FAA approval of its certification plan for autonomous aircraft in July. This is a milestone the company has been working towards for the last four years and marks a significant inflection point. Soon after, the company crossed another major chasm, demonstrating the successful flight of an uncrewed Cessna 208B Caravan with no one on board, operated by a remote pilot in the company’s control center 50 miles away — a historic first for the aviation industry.

With the release of the LINGO-1 model — which answers questions in plain English to explain decisions of the AI — Wayve showed the industry and the public what’s possible with large language models in the context of autonomy. The company’s generative model, GAIA-1, is demonstrating the power-law AI-scaling curve, supported by 1,000 GPUs provided by partner Microsoft.

In June, Owlet announced FDA clearance of BabySat, the company’s first medical pulse-oximetry device, available with a prescription to monitor a baby’s heart rate and oxygen saturation level. In November, the company’s Dream Sock monitoring system was cleared for over-the-counter distribution. This milestone establishes Owlet as the world’s first medical grade consumer infant pulse oximeter available for purchase OTC at thousands of points of sale across the U.S.

Marc is a seasoned finance and operations executive and works with Eclipse’s growth companies to position them for success as they scale. Read more from Marc in his post on the importance of Annual Planning.
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Ashwin is a Venture Partner at Eclipse, where he works with entrepreneurs at the earliest stage to build and scale the next generation of businesses that redefine the way healthcare and life science technologies are designed, developed, and deployed.

Will Hall is an Operating Partner at Eclipse with go-to-market strategy and execution expertise. His career spans >20 years in sales and executive roles at both large companies and Early-Stage startups.

Ritika is the Director of Content at Eclipse. She is passionate about breaking through the noise in tech and telling stories that matter.

Amy Cusick is a Senior Executive Assistant at Eclipse, who supports Aidan Madigan-Curtis and Seth Winterroth. She is dedicated to helping our startups, founders, and operators solve problems and achieve their goals.

Selina is the Office Manager and the Executive Assistant for Charly Mwangi at Eclipse, where she ensures all logistical and operational aspects of the firm run smoothly. She is an eager and outgoing individual who loves to form relationships, is always looking to learn, and thrives when utilizing her organizational and critical thinking strengths.