Eclipse Ventures

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Tackling Problems of Significance in Physical Industries

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Author: Seth Winterroth

Topics: XaaS

Organizations: Eclipse Ventures, Silicon Valley Bank

The Eclipse team has partnered with Silicon Valley Bank (SVB) and put out a report, The State of HaaS, detailing critical metrics specific to companies in the physical industries space. In aggregate, we reported data from over 400+ surveyed startups that are active commercially, mapping out the steps necessary to create a strong foundation upon which physical industry companies can build successful businesses.

The foundation for building a successful business in physical world industries begins with an end-to-end evaluation of your systems, operations, contracts, lead time efficiency, sales cadence, and overall reliability. Keeping these metrics in mind early when building an industrial tech company will help you lay a strong foundation from which the business can scale efficiently. For example, does the system you’ve built have reasonable ROI? Does your operating margin improve as you deploy in greater volume, or do deployment costs scale linearly with revenue? How efficient are your procurement processes and vendor lead times? Have you built the infrastructure that enables efficient remote diagnostics and customer support? These are just some questions to ask when building a compelling, agile business that can bring value to the physical industry space.

Read more at Eclipse Ventures Blog

VulcanForms Announces Capital Raise of $355 Million and Pioneers Industrial-Scale Digital Manufacturing Infrastructure

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Topics: Funding Event

Organizations: VulcanForms, Eclipse Ventures

VulcanForms, a MIT-born company that builds and operates advanced digital manufacturing infrastructure, announced today it has raised $355 million and is valued at over $1 billion. VulcanForms’ investors include Eclipse Ventures, Stata Venture Partners, Fontinalis Partners, D1 Capital Partners, Standard Investments, Atlas Innovate, Boston Seed Capital, Industry Ventures, and the Simkins Family. The company also revealed its first two digital production facilities, in Devens, MA and Newburyport, MA, capturing the full value chain for precision metal components and assemblies.

VulcanForms’ customers include leading companies in the aviation, space, defense, medical, semiconductor, and other critical industries. For instance, the company supplies over a dozen U.S. Department of Defense programs, including the F35 Joint Strike Fighter and Patriot Air Defense System, has delivered thousands of components for the semiconductor industry, and is enabling innovation in medical implants. By combining its breakthrough technology, a data- and simulation-based digital thread, and operational excellence, VulcanForms’ integrated approach allows its customers to innovate faster and produce more without the need to make major capital investments and implement new manufacturing technologies from scratch.

Read more at Businesswire

Instrumental Inc. raises $20M to close the loop on $1 Trillion of economic waste in electronics manufacturing

Date:

Topics: funding event

Organizations: Instrumental, Eclipse Ventures

Instrumental Inc., creator of the manufacturing optimization software category, has secured $20 million in Series B financing to accelerate development of its manufacturing optimization platform. This first-of-its-kind solution enables hardware teams to accelerate time to market, reduce rework, derisk ramp, and increase yields by providing unprecedented real time remote visibility into assembly and product data.

Read more at Instrumental Resources