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Ajay Royan
InvestorCo-founder & Managing General Partner at Mithril Capital Management
United States
Writes $20M – $100M checks · typically $50M
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About
Ajay Royan founded Mithril Capital Management, where he serves as managing general partner, and shaped the firm's approach of investing for durable growth. Before starting Mithril, he worked as a macro and growth equity investor at Clarium. He was educated at Yale University and holds advisory and board roles including the Science Advisory Board of Oak Ridge National Laboratory and the Board of Directors of Fulbright Canada.
Contact· self-published, not guessed
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
DoubledutchFractylNuvia
Investor
AdagioAdimabAppDirectAurisAuris HealthBlackSky (NYSE: BKSY)C2FOClassyFlex Logix TechnologiesForSight RoboticsFractylGeneration HomeGenetesisGlanceGreyOrangeHelionInvivydLookoutNuviaPartnerizePaxosSilverRail Technologies
Sources: SEC Form D filings · the firm's website · curated public sources.
Colleagues at Mithril Capital Management
Network10
Investors connected to Ajay in public investor directories — a warm-intro map.
Frequently asked questions
- Who is Ajay Royan?
- Ajay Royan founded Mithril Capital Management, where he serves as managing general partner, and shaped the firm's approach of investing for durable growth. Before starting Mithril, he worked as a macro and growth equity investor at Clarium. He was educated at Yale University and holds advisory and board roles including the Science Advisory Board of Oak Ridge National Laboratory and the Board of Directors of Fulbright Canada.
- Where does Ajay Royan work?
- Ajay Royan is Co-founder & Managing General Partner at Mithril Capital Management.
- 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, Doubledutch, Fractyl, Grey Orange International, Helion Energy, Neocis.
- What companies has Ajay Royan invested in?
- Investments tracked here include Adagio, Adimab, Ankyra Therapeutics, AppDirect, Auris, Auris Health, BlackSky (NYSE: BKSY), C2FO, Classy, Flex Logix Technologies, ForSight Robotics, Fractyl, and 13 more.
About this profile. Compiled from public sources — Mithril Capital Management's own website, regulatory filings and public professional profiles — and summarised by Fundraising Fox; every fact is kept with where it came from. Spotted an error, or would rather not be listed? Email privacy@fundraisingfox.com · How we build profiles · Your rights