Ajay Royan
InvestorManaging Partner at Mithril Capital Management · Board director at Adagio Therapeutics · Board director at Grey Orange International · Board director at Helion Energy
United States
Writes $20M – $100M checks · typically $50M
Find your path to Ajay
132 people in our graph share verified history with Ajay — schools, employers, funds. One of them is your warm intro.
About
Co-founder of Mithril, which he established in 2012 alongside Peter Thiel.
Contact· self-published, not guessed
Board director at Adagio Therapeutics
Intro paths
In turn, Ajay can intro founders to Adagio Therapeutics's investors below.
Adagio Therapeutics's investors · 4
Co-founders at Adagio Therapeutics
Board director at Grey Orange International
Intro paths
In turn, Ajay can intro founders to Grey Orange International's investors below.
Grey Orange International's investors · 2
Co-founders at Grey Orange International
Board director at Helion EnergyYC S14
Intro paths
Ajay went through Y Combinator (Summer 2014) — any YC alum in your network can reach them through the YC community.
Their group partner at YC was Garry Tan, President & CEO of Y Combinator — the partner who ran Helion Energy's batch and knows the company first-hand. YC profile ↗
In turn, Ajay can intro founders to Helion Energy's investors below.
Helion Energy's investors · 10
Co-founders at Helion Energy

Experience
- Mithril Capital Management LLCManaging General Partner and Foundercurrent2012 — presentUnited States
- ClariumManaging Director2003 — 2012
- Deloitte/BraxtonAnalyst2000 — 2002
Skills & more
From Ajay's professional profile.
Deals · 9
Pollen, Inc.Board seat
via Mithril Capital Management · filed Apr 2025
Grey Orange InternationalBoard seat
via Mithril Capital Management · filed Nov 2023 · $138.3M raise
Ankyra TherapeuticsBoard seat
via Mithril Capital Management · filed Sep 2021 · $45M raise
Adagio TherapeuticsBoard seat
via Mithril Capital Management · filed Apr 2021 · $335.5M raise
NeocisBoard seat
via Mithril Capital Management · filed Oct 2020 · $71.8M raise
Auris Surgical RoboticsBoard seat
via Mithril Capital Management · filed Nov 2018 · $220M raise
AvitideBoard seat
via Mithril Capital Management · filed Aug 2018 · $6.2M raise
Spaceflight IndustriesBoard seat
via Mithril Capital Management · filed Mar 2018 · $210.7M raise
Helion EnergyBoard seat
via Mithril Capital Management · filed Jul 2015 · $21.2M raise
Attribution from SEC filings, press coverage, and firm rosters.
Other disclosed investments
Board seats
FractylNuvia
Per SEC Form D filings.
Colleagues at Mithril Capital Management
Network8
Investors connected to Ajay in public investor directories — a warm-intro map.
Frequently asked questions
- Who is Ajay Royan?
- Co-founder of Mithril, which he established in 2012 alongside Peter Thiel.
- Where does Ajay Royan work?
- Ajay Royan is Managing Partner at Mithril Capital Management and Board director at Adagio Therapeutics and Board director at Grey Orange International and Board director at Helion Energy.
- What check size does Ajay Royan write?
- Ajay Royan typically writes checks of $20M – $100M.
- What boards does Ajay Royan sit on?
- Ajay Royan holds tracked board seats at Adagio Therapeutics, Ankyra Therapeutics, Auris Surgical Robotics, Auris Surgical Robotics, Avitide, Fractyl, Grey Orange International, Helion Energy, Neocis, Nuvia.
- Where did Ajay Royan go to school?
- Ajay Royan studied at Yale University (B.A.).
Same school
Shared employers
Also worked at Clarium5
Also worked at Deloitte/Braxton2,000
+ 1,994 more



























