Mithril Capital Management — Full Portfolio

Fractyl develops therapies for obesity and type 2 diabetes, focusing on non-drug-based approaches rooted in understanding metabolic disease mechanisms.

BiotechHealthtechMedical DevicesLexington, US

Jay Caplan(Founder)inHRHarith Rajagopalan(Founder)inLDLISA DAVIDSON(Executive Officer)inDiane Marcou(Executive Officer)in

BoardAWAllan Will(Director)inNSNimesh Shah(Director)in

Board seatARAjay Royan· per SEC Form D

Co-investorsBEBessemer Venture PartnersCACatalio Capital Management, LPEMEmergent Medical Partners, LLPGEGeneral CatalystDODomain AssociatesPOPolaris Partners+1 more

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

MEMarc Elia(Founder)in

Co-investorsBABain Capital Life SciencesFOForesite CapitalMRMRL Ventures FundPRPremji InvestRARA CapitalGVGV (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

JDJacob DeWitte(Founder)inCCCaroline Cochran(Founder)inCDCaroline DeWitte(Co-founder and COO)in

Co-investorsAPApplied AngelsARArmada Investment AGDCDCVC (Data Collective)DRDraper AssociatesDRDraper DragonKLKluz Ventures+11 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

PTPeter Thiel(Founder)inSCStephen Cohen(Founder)Nathan Gettings(Founder)JLJoe Lonsdale(Founder)inAlexander C. Karp(Founder)Alex Karp(Founder)

Co-investors13137 Ventures8V8VCA*A*AIAiSprouts VCAKAkkadian VenturesALAllied Venture Partners+72 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

ANArun Narayanan(Chief Executive Officer)inBrian Musfeldt(Chief Financial Officer)inSRSaul R. Laureles(Chief Legal Officer and Corporate Secretary)inMCMichael Carlson(President, Managed Services & OEM Hardware)inMTMatt Tappin(President, Software Products)in

Co-investorsACACTIVATE CAPITAL PARTNERSCOConstellation Technology VenturesPUPUSH VenturesWIWIND VenturesANAngeleno GroupGEGE 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

TGTillman Gerngross(Executive Officer, Director)

BoardTMTerrance McGuire(Director)

Board seatARAjay Royan· per SEC Form D

Co-investorsGVGV (Google Ventures)FIFidelity InvestmentsPOPolaris PartnersSASands Capital VenturesSPSpring 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

TGTillman Gerngross(Director)EAErrik Anderson(Director)inWarren Kett(Executive Officer)Jon Sheller(Executive Officer)Kevin Issett(Executive Officer, Director)Kevin Isett(Executive Officer, Director)

Board seatARAjay Royan· per SEC Form D

Co-investorsOROrbiMedSVSV Health InvestorsBOBorealis VenturesNENeomed ManagementPOPolaris PartnersSASands 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)MGMarco Giberti(Director)in

Board seatARAjay Royan· per SEC Form D · $45M raise · filed Aug 2015

Co-investorsBEBessemer Venture PartnersHIHinge CapitalLALaunchCapitalFLFloodgate

Helion develops fusion energy systems designed to generate clean electricity for commercial use.

Advanced ManufacturingCleantechClimate TechDeep TechEnergyHardwareSeattle, US

DKDavid Kirtley(Founder)inCPChris Pihl(Founder)inJohn Slough(Founder)inGVGeorge Votroubek(Founder)inAPAnthony Pancotti(Co-founder)in

BoardSASam Altman(Director)

Board seatARAjay Royan· per SEC Form D

Co-investorsANAntiBOBoxGroupCOCongruent VenturesSOSoftBank GroupSOSoftBank Vision FundY Y 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

AMAlon Mozes(Founder)inJSJuan Salcedo(Founder)inDMDennis Moses(Chief Technical Officer)inACAndres Carrillo(VP of Product)inJFJorge Fernandes(VP of Quality & Regulatory)inGGGabe Goldberg(VP of Marketing)in

Board seatARAjay Royan· per SEC Form D

Co-investorsINIntuitive VenturesNONorwest Venture PartnersVIVivo CapitalCLCLI VenturesFLFlorida Opportunity FundB B Capital Group+4 more

Santa Clara, US

Gerard Williams III(Founder)John Bruno(Founder)John Paz(Founder)Manu Gulati(Founder)

Board seatARAjay Royan· per SEC Form D

Co-investorsCECelesta CapitalMAMayfield FundWAWalden CatalystGIGilgamesh VenturesNXNXTPTETechnology Impact

Tukwila, US

JAJason Andrews(Executive Officer, Director, Promoter)inMJMarian Joh(Director, Promoter)inCBCurt Blake(Director)inIndra Hornsby(Executive Officer)inTNTom Neary(Executive Officer)in

BoardGabriel Kompkoff(Director)

Board seatARAjay Royan· per SEC Form D

Co-investorsRARazor'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-investorsGRGrandBanks CapitalLALaunchCapitalLULux CapitalPRPremji InvestSVSV Health InvestorsOROrbiMed+1 more

AiFi builds camera-based computer vision software that turns physical retail and venue spaces into autonomous, checkout-free environments.

Co-investorsAMAmino CapitalCSCSC UpshotSESeaX VenturesZMZMT CapitalCECERVIN VENTURESQUQualcomm Ventures+1 more

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

SGSteve Gu(Founder & CEO)YZYing Zheng(Founder)in

Co-investorsAMAmino CapitalBRBRC InnovationCECervinCOCommunitas Capital PartnersDUDuke Capital PartnersEVEvolution Ventures+9 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

DSDaniel Saks(Executive Officer, Director)inNicolas Desmarais(Executive Officer, Director)Audrey Garfield(Executive Officer)Paul Desmarais Jr.(Director)Robert Fetherstonhaugh(Director)

BoardCAChris Arsenault(Director)in

Co-investorsFOFoundryG G SquaredINInovia CapitalKEKensington Capital Partners LimitedJ.J.P. Morgan Asset ManagementSTStarVest 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-investorsANAndera PartnersCOCoatue ManagementLULux CapitalVIViking Global Investors

Developer of a surgical robotic system for minimally invasive endoscopy and laparoscopy

Frederic Moll(Founder)

Co-investorsBEBeast VenturesLULux CapitalPRPractica CapitalSBSBI Investment Korea Co. Ltd.SOSonder CapitalVIViking Global+3 more

BlackSky provides real-time geospatial intelligence and satellite imagery for government and commercial customers.

AI & Machine LearningData & InfrastructureDefense TechSpace Tech

BOBrian O'Toole(President & Chief Executive Officer)Jason Andrews(Founder)Marian Joh Andrews(Founder)

Co-investorsALAlleyCorpKLKluz VenturesRARazor's Edge VenturesRRRRE VenturesALAlley Robotics VenturesTITiger Global Management

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(Founder)Joe Callahan(Founder)inPat Walsh(Founder)

BoardHoward Deshong(Director)Adam Garone(Director)

Co-investorsBUBullpen CapitalHIHinge CapitalNONorwest Venture PartnersRERethink ImpactTHThirty Five Ventures (35V)JMJMI 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

RAReza Azizian(Founder)inMBMatteo Bucci(Founder)in

Co-investorsBABaruch Future VenturesCACathexis VenturesCECerberus VenturesTHThe E14 FundTOTO VCVAValkyrie+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

Daniel Glozman(Founder)Joseph Nathan(Founder)Moshe Shoham(Founder)

Co-investorsECEclipse VenturesSOSonder 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

RCRobert CroneinMBMara Bosin

Co-investorsGEGENIUS NYY Y 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-investorsENEntrée CapitalEXExpansion CapitalLALa FamigliaMSMS&AD VenturesATAtomicoLELegal & General+1 more

New cardiac scanning method for diagnostics.

BiotechMason, US

PSPeeyush Shrivastava(Chief Executive Officer)inManny Setegn(Cofounder)inManjit Singh(Vice President, Infrastructure Operations)VEVineet Erasala(Vice President, Research and Development)inCSChandan Srivastava(Chief Financial Officer)inEmmanuel Setegn(Vice President, Engineering)

Co-investorsALAlumni VenturesCICincyTechJOJobsOhio VenturesOHOhio Innovation FundRARaptor GroupTDTDK Ventures+1 more

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

NTNaveen Tewari(Founder & CEO)inPSPiyush Shah(Co-Founder & President)MSMohit Saxena(Co-Founder & CTO)inASAbhay Singhal(Co-Founder & CEO, InMobi Ads)MJMansi Jain(COO, Glance)inMSMarc Steifman(CFO, InMobi)

Co-investorsYOYolo InvestmentsSTStride 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-investors50500 GlobalSTStride 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

AGAkash Gupta(Founder)inSamay Kohli(Founder)

Co-investorsINInventus Capital PartnersNBNB VenturesBLBlume Ventures

Security Service Edge software helping enterprises secure access untethered from location.

Boston, US

James Burgess(Founder)inJim DolceinJim Dolce (CEO)(Founder)John Hering(Founder)Kevin Mahaffey(Founder)

Co-investorsACAccelANAndreessen HorowitzCRCRESCENT COVE CAPITALINIndex VenturesIRIris CapitalMIMillennium Technology Value Partners+12 more

Nuvia provides inbound and outbound AI agents that generate, qualify, and convert leads into sales automatically.

AI & Machine LearningSaaSSales Tech

John Pazin

Co-investors161616 VenturesAMAmador HoldingsCACapria VenturesDEDell Technologies CapitalNXNXTPATAtlantic Bridge Ventures+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

CCCharles Cascarilla(Founder)inACAndrew Chang(Founder)inRich Teo(Founder)

Co-investorsALAlly VenturesBLBlockchain CapitalCACanaan PartnersCOCoinbase VenturesDEDeclaration PartnersDIDigital Currency Group+9 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

JDJoost de Valk(Founder & CEO)in

Co-investorsAUAugust CapitalB B Capital GroupBEBessemer Venture PartnersBLBlumberg CapitalBOboldstart venturesCACathay Innovation+26 more