Lior Susan is a business executive and entrepreneur. He is the co-founder and current Chief Executive Officer (CEO) of Bright Machines. Also, he is the CEO and founder of Eclipse Ventures.
Bright Machines is a San Francisco-based company that uses robots and software to automate electronics assembly. Their “micro-factories” offer manufacturers increased efficiency, scalability, and quality control. The company also provides software tools for improving efficiencies in manufacturing processes.
Founded in 2018 by Tzahi Rodrig, Lior Susan, and Amar Hanspal, its valuation lies between $1 billion and $10 billion.
On the other hand, Eclipse Ventures is a venture capital firm founded in 2015 by Lior Susan and Angela Hayward. As of 2024, the capital firm has around $4 billion in assets under management.
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Lior Susan Net Worth
Unfortunately, we do not have any credible information available on Lior Susan’s net worth. We will update this section as soon as we come across any reliable source of information.
However, it is worth noting that Lior Susan is the CEO and Founding Partner of Eclipse Ventures, a billion-dollar capital firm, and the co-founder and CEO of Bright Machines, which is also a successful robotics and software company. Based on the information we have available, it is safe to assume that by now, Lior Susan must have some significant personal wealth.
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Education
Lior Susan grew up in an egalitarian kibbutz community in Israel. It is a socialist society where everyone works and lives together, sharing resources and responsibilities. When he was a teenager, Susan dropped out of high school.
Starting out as a banana farmer in the kibbutz, he would go on to become one of the key figures in Silicon Valley.
Career
Lior Susan began his career in 2008 at Intucell, where he served as an advisor. At Intucell, he was instrumental in building self-optimizing network software for mobile carriers. His work was vital in the company’s success, which led to its acquisition by Cisco for $475 million in 2013.
In 2012, Lior joined Flextronics as the CEO and Founder of Lab IX. At Flextronics, he was responsible for incubating and leading digital transformation initiatives. His role involved creating small startups within the company to bridge the gap between current business operations and future goals.
Simultaneously, from 2012 to 2013, Susan was part of the founding team at Elementum SCM Ltd., a company focused on transforming supply chains into value networks using a SaaS platform. This platform provided apps for collaborative planning, execution, and optimization across all levels and stages of supply and demand, supporting a network of trading partners with rapid onboarding capabilities.
In 2015, Lior Susan briefly joined Formation 8 as a General Partner, where he worked for four months. During this period, he contributed to the firm’s investment strategies and supported its portfolio companies.
Entrepreneurial Journey
Susan’s entrepreneurial journey took a significant turn in 2015 when he founded Eclipse Ventures, where he serves as the CEO and Founding Partner. Eclipse Ventures is a venture capital firm dedicated to investing in companies that are disrupting traditional industries critical to people’s lives.
In January 2018, Lior co-founded Bright Machines, a company focused on the future of electronics manufacturing. As CEO and Co-Founder, he has been instrumental in driving the company’s vision and growth over the past six years.
Lior’s leadership extends beyond his own ventures. Since March 2015, he has been the Chairman of the Board at Owlet Baby Care, a company dedicated to improving infant health and wellness. In addition, he serves as Chairman of the Board at VulcanForms Inc. since April 2024, and as a Board Member at several companies including Ursa Major, Cerebras Systems, Augury, and Dutch Pet, Inc.
Susan also co-founded Datorios in 2020, where he continues to serve as a board member. Alongside his entrepreneurial endeavors, Lior Susan has been an active angel investor since May 2014, investing in various companies such as Berkeley Lights, Hippo, Fyusion, Placer.ai, and Meter.
Earlier in his career, Susan co-founded Farm2050 in 2014, an AgTech collective aimed at addressing global food challenges by supporting AgTech entrepreneurs and startups. He was actively involved with Farm2050 until 2020.
Additionally, Lior Susan has served as an officer in the special operations team of the Israel Defense Forces (IDF) for eight years.
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Latest Updates
Bright Machines recently announced a $132 million fundraising round. This latest round of funding follows the company’s initial ambitions for a $1.6 billion SPAC merger, which fell through late last year. This fundraising consists of $100 million in equity led by Eclipse Ventures and an additional $32 million in debt co-led by Silicon Valley Bank and Hercules Capital.
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FREQUENTLY ASKED QUESTIONS
Who owns Bright Machines?
Tzahi Rodrig, Lior Susan, and Amar Hanspal founded Bright Machines in 2018. The company uses robots and software to automate electronics assembly.
Where is bright machines located?
Bright Machines is located in San Francisco, California, United States. The software and robotics company was founded in 2018.
