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Eclipse Ventures, a firm that bet on digitizing the physical world, reaps a massive payoff with Cerebras Systems $2.5 billion return. This shift towards physical tech, seen in major chip companies soaring stocks and founders hardware-software blends, is now recognized across the board. Eclipses portfolio companies raised nearly $15 billion last year, a stark contrast to their earlier years. Recent deals like Wayve, True Anomaly, Bedrock Robotics, and Oxide Computer, all backed by Eclipse, secured massive follow-on funding. Susan, Eclipses founder, sees this as an unprecedented moment for hardware-focused sectors, offering a chance to create lasting value in fundamental industries.
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