Fundraising FoxMithril Capital Management
Growth equityAustin · Series B–Late Stage · 2 people tracked
Also known as MITHRIL · Mithril Capital · MITHRIL CAPITAL MANAGEMENT LLC
Find your way into Mithril Capital Management
Each arrow is one introduction. Sign up to fill in the first one.
Ask Alex Kolicich to introduce you to Peter Thiel
You →Alex · together at Clarium Capital Management, LLC →Peter
Ask Jamie Chen to introduce you to Ajay Royan
You →Jamie · together at Mithril Capital Management →Ajay
Sign up to find every way you can get introduced to Mithril Capital Management
- Your email: who you already know at Mithril Capital Management, and who your contacts know
- 2nd- and 3rd-degree connections: people you know who worked, studied or invested with the Mithril Capital Management team
- Your LinkedIn: the connections who can make the intro for you
We rank every route by how warm it is, so you raise on warm intros instead of cold emails.
Investment thesis
Mithril invests with a long-term, 'Building to Last' philosophy, seeking teams that use technology to create valuable and lasting businesses, often in industries overdue for transformation. The firm describes itself as agnostic to sector, geography, and conventional credentials, favoring broad curiosity, deterministic alignment, constructive skepticism, and capital discipline. It backs what it calls 'hidden champions' at critical inflection points, investing in size and with conviction to unlock long-term growth. Portfolio achievements span fusion energy, robotic surgery, power-efficient silicon, diabetes treatments, live-experience consumer internet, robotics-driven supply chains, decentralized finance infrastructure, and antibody-based immune therapies.
Source: firm website, verified Sep 29, 2026.
Team · 2 people
from the firm's websiteFounder mafia
4 people who came through Mithril Capital Management went on to found or lead other companies.
What they invest in
from 28 of 43 portfolio companiesAI & Machine Learning ×8SaaS ×8Biotech ×7Deep Tech ×6Healthtech ×5Medical Devices ×5Cleantech ×4Energy ×4
HQs:United States×26Australia×1France×1United Kingdom×1Saudi Arabia×1
Investments · 43 tracked
founders shown can be your intro pathBy year:2025 · 12023 · 12022 · 42021 · 42020 · 42019 · 22018 · 32017 · 12016 · 12015 · 32014 · 226 dated
Invivyd develops monoclonal antibody therapies to prevent and treat serious viral infections, beginning with COVID-19 and expanding to respiratory syncytial virus and measles.
BiotechWaltham, US
Tillman U. Gerngross(Executive Officer, Director)Lynn Connolly(Executive Officer)Eric Kimble(Executive Officer)inHalley Gilbert(Executive Officer)Rebecca Dabora(Executive Officer)inEllie Hershberger(Executive Officer)
Board seatAjay Royan· per SEC Form D
Co-investorsGV (Google Ventures)Fidelity InvestmentsForesite CapitalOmega FundsOrbiMedPolaris Partners+3 more
Fractyl develops therapies for obesity and type 2 diabetes, focusing on non-drug-based approaches rooted in understanding metabolic disease mechanisms.
BiotechHealthtechMedical DevicesLexington, US
HARITH RAJAGOPALAN(Executive Officer, Director)inJAY CAPLAN(Executive Officer, Director)inJay Caplan(Executive Officer, Director)inHarith Rajagopalan(Co-Founder and CEO)inLISA DAVIDSON(Executive Officer)inDiane Marcou(Executive Officer)in
Board seatAjay Royan· per SEC Form D
Co-investorsBessemer Venture PartnersCatalio Capital Management, LPEmergent Medical Partners, LLPDomain AssociatesGeneral CatalystPolaris Partners+1 more
.png)
Invivyd develops monoclonal antibody medicines for the prevention and treatment of serious viral infectious diseases, starting with COVID-19 and other high-need indications.
BiotechHealthtech
Co-investorsBain Capital Life SciencesForesite CapitalMRL Ventures FundPremji InvestRA CapitalGV (Google Ventures)+2 more
Oklo develops next-generation fast fission reactors for producing clean electricity at scale, with a focus on safety features and the ability to use recycled nuclear waste as fuel.
Advanced ManufacturingCleantechClimate TechDeep TechEnergySan Francisco, US
Jacob DeWitte(Co-founder and CEO)inCaroline Cochran(Founder)inCaroline DeWitte(Co-founder and COO)in
Co-investorsApplied AngelsArmada Investment AGDCVC (Data Collective)Draper AssociatesDraper DragonKluz Ventures+10 more
Palantir builds data integration and analysis platforms — Gotham for defence and government, Foundry for commercial operations — and deploys forward engineers inside customer organisations.
Palo Alto, US
Peter Thiel(Co-founder and Chairman)inStephen Cohen(Co-founder and President)Nathan Gettings(Co-founder)Joe Lonsdale(Co-founder)inAlexander C. Karp(Co-founder and CEO)
BoardColin Anderson(Executive Officer)in
Co-investors137 Ventures8VCA*AiSprouts VCAkkadian VenturesAllied Venture Partners+67 more
Stem provides an integrated software suite, PowerTrack, for monitoring, developing, deploying, and operating solar and energy storage assets, serving asset owners, operators, and stakeholders in the clean energy sector.
CleantechEnergySaaS
Arun Narayanan(Chief Executive Officer)inBrian Musfeldt(Chief Financial Officer)inSaul R. Laureles(Chief Legal Officer and Corporate Secretary)inMichael Carlson(President, Managed Services & OEM Hardware)inMatt Tappin(President, Software Products)in
Co-investorsACTIVATE CAPITAL PARTNERSConstellation Technology VenturesPUSH VenturesWIND VenturesAngeleno GroupGE Ventures
Ankyra Therapeutics is a biopharmaceutical company developing drugs, with a team that has collectively contributed to bringing seven drugs to global market approval.
BiotechDeep TechHealthtechMedical DevicesAustin, US
Tillman Gerngross(Executive Officer, Director)
BoardTerrance McGuire(Director)
Board seatAjay Royan· per SEC Form D
Co-investorsGV (Google Ventures)Fidelity InvestmentsPolaris PartnersSands Capital VenturesSpring Mountain Capital
Repligen provides bioprocessing technologies—including process intensification, tangential flow filtration, chromatography, process analytics, and single-use fluid management—for upstream and downstream biopharmaceutical workflows.
BiotechHardwareMedical DevicesLebanon, US
Tillman Gerngross(Director)Errik Anderson(Director)inWarren Kett(Executive Officer)Jon Sheller(Executive Officer)Kevin Issett(Executive Officer, Director)Kevin Isett(Executive Officer, Director)
Board seatAjay Royan· per SEC Form D
Co-investorsOrbiMedSV Health InvestorsBorealis VenturesNeomed ManagementPolaris PartnersSands Capital Ventures+1 more
DoubleDutch was an event mobile app provider whose technology is now part of Cvent's Attendee Hub event app offering.
Enterprise SoftwareMarketing TechSaaSSan Francisco, US
Lawrence Coburn(Co-Founder & CEO)Ken Kamada(Executive Officer)Nick Clark(Executive Officer)
BoardEdward Oberwager(Director)Marco Giberti(Director)in
Board seatAjay Royan· per SEC Form D · $45M raise · filed Aug 2015
Co-investorsBessemer Venture PartnersHinge CapitalLaunchCapitalFloodgate
Helion develops fusion energy systems designed to generate clean electricity for commercial use.
Advanced ManufacturingCleantechClimate TechDeep TechEnergyHardwareSeattle, US
David Kirtley(Co-founder & CEO)inChris Pihl(Co-founder & CTO)inJohn Slough(Co-founder)inGeorge Votroubek(Co-Founder & Chief Scientist)inAnthony Pancotti(Co-founder)in
BoardSam Altman(Director)
Board seatAjay Royan· per SEC Form D
Co-investorsAntiBoxGroupCongruent VenturesSoftBank GroupSoftBank Vision FundY Combinator+9 more
Neocis develops Yomi, a robotic surgical platform that assists clinicians during dental implant surgery with planning, surgical, and restorative software features.
HealthtechMedical DevicesRoboticsMiami, US
Alon Mozes(CEO & Co-Founder)inJuan Salcedo(Engineering Fellow & Co-Founder)inJUAN SALCEDO(Executive Officer)inALON MOZES(Executive Officer, Director)inDennis Moses(Chief Technical Officer)inAndres Carrillo(VP of Product)in
Board seatAjay Royan· per SEC Form D
Co-investorsIntuitive VenturesNorwest Venture PartnersVivo CapitalCLI VenturesFlorida Opportunity FundB Capital Group+4 more
.jpeg){kind=logo}
Santa Clara, US
Board seatAjay Royan· per SEC Form D
Co-investorsCelesta CapitalMayfield FundWalden CatalystTechnology Impact
Tukwila, US
Jason Andrews(Executive Officer, Director, Promoter)inMarian Joh(Director, Promoter)inCurt Blake(Director)inIndra Hornsby(Executive Officer)inTom Neary(Executive Officer)in
BoardGabriel Kompkoff(Director)
Board seatAjay Royan· per SEC Form D
Co-investorsRazor's Edge Ventures
Adimab develops proprietary platforms for antibody and protein therapeutic discovery, engineering fully-functional immunoglobulins in a controllable in vitro eukaryotic system.
AI & Machine LearningBiotechDeep TechVermont, US
Co-investorsGrandBanks CapitalLaunchCapitalLux CapitalPremji InvestSV Health InvestorsOrbiMed+1 more
AiFi builds camera-based computer vision software that turns physical retail and venue spaces into autonomous, checkout-free environments.
Co-investorsAmino CapitalCSC UpshotSeaX VenturesZMT CapitalQualcomm VenturesVerizon Ventures
-2.png)
AiFi uses AI and computer vision to make physical spaces searchable, observable, and understandable, providing real-time insights for facility and space operators without manual audits.
AI & Machine LearningEnterprise SoftwareIoTRetail Tech
Steve Gu(Founder & CEO)Ying Zheng(Founder)in
Co-investorsAmino CapitalBRC InnovationCervinCommunitas Capital PartnersDuke Capital PartnersEvolution Ventures+8 more
AppDirect operates a B2B commerce platform for selling, buying, and managing recurring technology services, letting businesses launch white-labeled or internal IT marketplaces.
B2B MarketplacesCloud ComputingSaaSSan Francisco, US
Daniel Saks(Executive Officer, Director)inNicolas Desmarais(Executive Officer, Director)Audrey Garfield(Executive Officer)Paul Desmarais Jr.(Director)Robert Fetherstonhaugh(Director)
BoardChris Arsenault(Director)in
Co-investorsFoundryG SquaredInovia CapitalKensington Capital Partners LimitedJ.P. Morgan Asset ManagementStarVest Partners
Auris Gestion is an independent asset management firm offering asset allocation and wealth management services across three activities serving independent financial advisors and family offices, institutional clients, and private clients.
Fintech
Co-investorsAndera PartnersCoatue ManagementLux CapitalViking Global Investors
BlackSky provides real-time geospatial intelligence and satellite imagery for government and commercial customers.
AI & Machine LearningData & InfrastructureDefense TechSpace Tech
Brian O'Toole(President & Chief Executive Officer)
Co-investorsAlleyCorpKluz VenturesRazor's Edge VenturesAlley Robotics VenturesRRE Ventures
Classy, acquired by GoFundMe, provides fundraising software for nonprofits that combines donation management tools with the GoFundMe platform to help organizations reach donors and increase charitable giving.
FintechSaaSSan Diego, US
Patrick Walsh(Director, Promoter)Scot Chisholm(Executive Officer, Director, Promoter)Joe Callahan(Founder)in
BoardHoward Deshong(Director)Adam Garone(Director)Paul Leggett(Director)
Co-investorsBullpen CapitalHinge CapitalNorwest Venture PartnersRethink ImpactThirty Five Ventures (35V)JMI Equity+1 more
Ferveret develops advanced cooling technology for data centers and computing infrastructure, using subcooled boiling methods derived from nuclear reactor engineering.
Advanced ManufacturingCleantechClimate TechData & InfrastructureDeep TechEnergyHardwareSan Francisco, US
Reza Azizian(Co-founder & CEO)inMatteo Bucci(Co-founder & CTO)in
Co-investorsBaruch Future VenturesCathexis VenturesCerberus VenturesThe E14 FundTO VCValkyrie+7 more
ForSight Robotics develops the JASPER robotic surgery platform, combining robotics, advanced visualization, and AI-driven data analytics to assist ophthalmic surgeons in performing eye surgery.
AI & Machine LearningMedical DevicesRobotics
Co-investorsEclipse VenturesSonder Capital
Fusion Engineering develops flight controller hardware and software for multirotor drones, focused on safety and reliability to enable certified drone flights over urban areas and in offshore conditions.
Deep TechHardwareRobotics
Co-investorsGENIUS NYY Combinator
Gen H (Generation Home) is a UK mortgage lender offering products such as an "Income Booster" that increases borrowing capacity using support from family and friends, and "New Build Boost," a scheme pairing a mortgage with a 15% interest-free equity loan.
FintechPropTech
Co-investorsEntrée CapitalLa FamigliaMS&AD VenturesAtomicoLegal & GeneralWaterfall Eden
New cardiac scanning method for diagnostics.
BiotechMason, US
Peeyush Shrivastava(Chief Executive Officer)inManny Setegn(Cofounder)inManjit Singh(Vice President, Infrastructure Operations)Vineet Erasala(Vice President, Research and Development)inChandan Srivastava(Chief Financial Officer)inEmmanuel Setegn(Vice President, Engineering)
Co-investorsAlumni VenturesCincyTechJobsOhio VenturesOhio Innovation FundRaptor GroupTDK Ventures+1 more
.jpeg){kind=logo}
Glance builds a personalization and real-time discovery platform for a new model of commerce, delivering shopping experiences across consumer device surfaces.
AI & Machine LearningConsumerE-commerceRetail Tech
Naveen Tewari(Founder & CEO)inPiyush Shah(Co-Founder & President)Mohit Saxena(Co-Founder & CTO)inAbhay Singhal(Co-Founder & CEO, InMobi Ads)Mansi Jain(COO, Glance)inMarc Steifman(CFO, InMobi)
Co-investorsYolo InvestmentsStride Ventures
Buglance offers an online crowdtesting service that connects companies with a global network of testers to evaluate product quality and gather end-user feedback.
Developer ToolsHealthtechInsurTechMarketplacesSaaS
Abdulrahman AljahhaafAli Alahmari
Co-investors500 GlobalStride Ventures
GreyOrange provides AI-driven supply chain orchestration and inventory optimization software for retailers and third-party logistics providers.
AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainRobotics
Co-investorsInventus Capital PartnersNB Ventures
Nuvia provides inbound and outbound AI agents that generate, qualify, and convert leads into sales automatically.
AI & Machine LearningSaaSSales Tech
Co-investors1616 VenturesAmador HoldingsCapria VenturesNXTPAtlantic Bridge VenturesBlackRock+6 more
Paxos is a regulated blockchain infrastructure company that issues stablecoins and tokenized assets and provides crypto brokerage, custody, and stablecoin payment services for enterprises.
Crypto & Web3Enterprise SoftwareFintech
Charles Cascarilla(CEO & Co-Founder)in
Co-investorsBlockchain CapitalCanaan PartnersCoinbase VenturesDeclaration PartnersDigital Currency GroupFantail Ventures+6 more
WonderPlugin is a web design software product developed by Magic Hills, a privately owned Australian software development company.
Developer ToolsE-commerceSaaSSydney, AU
Yoast develops SEO software, including plugins for WordPress, WooCommerce, and Shopify, that provides real-time content analysis, AI-powered optimization suggestions, and readiness for AI-driven search discovery.
AI & Machine LearningMarketing TechSaaS
Joost de Valk(Founder & CEO)in
Co-investorsAugust CapitalB Capital GroupBessemer Venture PartnersBlumberg Capitalboldstart venturesCathay Innovation+26 more
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Auris Surgical RoboticsGrey Orange InternationalPollen, Inc.AdagioAdagiotxAtheros CommunicationsAuris HealthCapture2HelionOpenWhereSungarddx
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Exits · 11
6 IPOs · 5 acquisitions · showing 10Adagio TherapeuticsNASDAQ: IVVDFractylNASDAQ: GUTSInvivydNASDAQ: IVVDOkloNYSE: OKLOPalantir Technologies Inc.NASDAQ: PLTRSTEMNYSE: STEMAvitideacq. by RepligenDoubledutchacq. by CventAtheros Communicationsacq. by QualcommDonate Nowacq. by GoFundMe
Portfolio news
latest coverage across their companiesInvivyd · investors.invivyd.com · Sep 1, 2026
Helion Energy · techcrunch.com · Jun 4, 2026
Frequently asked questions
- How many investments has Mithril Capital Management made?
- Mithril Capital Management has 43 tracked investments, 11 of which have exited, including 1 dated in the last 24 months.
- What stage does Mithril Capital Management invest at?
- Mithril Capital Management invests at the Series B, Series C, Late Stage stages.
- What sectors does Mithril Capital Management focus on?
- Mithril Capital Management focuses on AI & Machine Learning, Biotech, Deep Tech, Logistics & Supply Chain, Sector Agnostic, Space Tech.
- Where is Mithril Capital Management located?
- Mithril Capital Management is headquartered in Austin, US.
- Does Mithril Capital Management lead rounds?
- Mithril Capital Management typically participates in rounds rather than leading them.
- Who does Mithril Capital Management co-invest with?
- Mithril Capital Management most often shares deals with Bessemer Venture Partners, Lux Capital, Mayfield Fund, among 66 tracked co-investors.
Media · Podcasts & interviews
featuring the teamJoe Rogan talks about awkward Peter Thiel Interview
Everyday Clips · Peter Thiel
Peter Thiel on How to Build a Creative Monopoly
Founders Podcast · Peter Thiel
Peter Thiel's investment playbook is available to anyone for free. His firm Founders Fund published
harbingerhq · Peter Thiel
Peter Thiel's Founders Fund backs AI tech for ranchers
Peter Thiel · finance.yahoo.com
Big Deals | The Founders Fund, de Peter Thiel, avalia a Enter em R$2B | #138
Investidoresvc · Peter Thiel
The Untold Story of Peter Thiel and Founders Fund (ft. Mario Gabriele)
Not Boring Radio · Peter Thiel
Co-investors · 37
Polaris Partners is a venture capital firm that partners with biotech and healthcare entrepreneurs to build transformational companies.
Lux Capital is a venture capital firm that backs founders building transformative deep technologies, having been among the first investors in category-defining companies across AI, robotics, biotech, defense, and infrastructure.
GV (Google Ventures) is a venture capital firm that has invested in AI and machine learning since its early days, backing more than 100 AI companies across infrastructure, life sciences, and applications.
RRE Ventures is a boutique early-stage venture capital firm that backs founders across sectors, combining decades of experience with AI-driven analysis throughout the investment lifecycle.
Qualcomm Ventures is the corporate venture investment arm associated with Qualcomm, backing technology companies from early to growth stage across multiple sectors.
Founders Fund is a venture capital firm that backs technology companies building transformative products.
Lightspeed Venture Partners is a global venture capital firm that backs founders from Seed through Series F and beyond, emphasizing deep, immersive partnerships with the companies it invests in.
Inovia Capital is a full-stack venture capital firm based in Canada with a presence in the EU, partnering with founders to build global technology companies.
RA Capital Management is a healthcare and planetary health investment firm that founds, funds, and scales companies using scientific diligence, multi-stage capital, and hands-on operational support.
Sonder Capital is a venture firm that invests in teams and technologies aiming to transform healthcare across the medical device, diagnostic, and healthtech sectors. It positions itself as a hands-on, foundational early-stage investor that supports companies from inception through acquisition or IPO.
Alumni Ventures (AV) is a venture capital firm that co-invests alongside lead VCs in startups, backing founders with capital and access to a large investor and operator community.
Atomico is an international venture capital firm that invests in growth-stage technology companies across multiple geographies. The firm focuses on scaling disruptive technology businesses globally.
▶25 more co-investors
Canaan PartnersOak HC/FTBullpen CapitalEclipse VenturesBlume VenturesFontinalis PartnersDeclaration PartnersBorealis VenturesCincyTechIntuitive VenturesAndreessen HorowitzAccelKhosla VenturesRedpoint VenturesFundersClubDN CapitalDCM VenturesHanabi CapitalSutter Hill VenturesUprisingSalica InvestmentsDVx VenturesRunway Growth CapitalYamaha Motor VenturesRobin Hood Ventures
Firms observed investing alongside Mithril Capital Management, from public investor directories. Shared companies are the overlap with Mithril Capital Management's recorded portfolio.
Similar investors
Khosla Ventures is a venture capital firm that backs bold, early-stage, technology-driven companies across deep tech and other sectors, providing hands-on 'venture assistance' to help founders build category-defining businesses.
A globally recognized venture capital firm designed to provide access to highly competitive venture deals to individual investors, consistently recognized for top-decile DPI performance and as one of the most active US venture firms.
Waarde Capital is an investment company founded by entrepreneurs that manages three funds, investing across the business lifecycle globally with a focus on breakthrough tech, growth capital, and emerging markets.
INP Capital is a global investment firm that invests across the full company life cycle, from early stage to pre-IPO, seeking to identify and back emerging technology companies as they scale toward unicorn status.
Radix Ventures is a deep tech venture capital firm founded in 2024 by experienced entrepreneurs and tech investors, focused on backing deep tech innovators across Central and Eastern Europe.