His robotics startup raised $400M, his VC fund over $4B—& he ran both at the same time. Here's how he did it.| Lior Susan, Bright Machines & Eclipse Ventures

04/11/2024 42 min Temporada 3 Episodio 66
His robotics startup raised $400M, his VC fund over $4B—& he ran both at the same time. Here's how he did it.| Lior Susan, Bright Machines & Eclipse Ventures

Listen "His robotics startup raised $400M, his VC fund over $4B—& he ran both at the same time. Here's how he did it.| Lior Susan, Bright Machines & Eclipse Ventures"

Episode Synopsis

Lior is the Elon Musk of VC. In just 8 years, his venture fund went from 0 to $4B under management. And while doing that, he founded Bright Machines, which to date has raised over $400M. He's both the CEO of Bright Machines and the Managing Director of Eclipse Ventures. And he's not building "easy" software startups either. Bright Machines is looking to automate the entire manufacturing process with robots. He launched it with a $179M round and a 100-person team.  Lior is not normal. His story isn't either. You won't want to miss this one.Keywordsventure capital, startup journey, Bright Machines, manufacturing innovation, fundraising challenges, robotics, automation, customer relationships, product market fit, entrepreneurship, Eclipse VenturesTimestamps:(00:00:00) Intro(00:08:31) Starting Eclipse & Becoming a VC(00:13:58) How he started Bright Machines(00:18:43) The First enterprise deal with Flextonics(00:24:49) The Process of Automation and Assembly(00:30:25) Making a Machine as Reliable as a Human(00:34:44) Bright Machine's Struggles(00:36:56) The Business Model of Robotics(00:39:49) Finding Product Market Fit(00:40:37) One Piece of AdviceSend me a message to let me know what you think!

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