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Mithril Capital Management

1 Letterman Drive, Building A, Suite 4900, San Francisco, CA, 94129, United States

Overview

Long-term venture capital funds for transformative growth companies.

Founded

2012

Deals ยท 12mo

1

Links

WebsiteLinkedIn

Stage focus

Series C
Series D

Geographic focus

United Kingdom
United States

Sector focus

Banking
Finance
Financial Services
Venture Capital

Investment portfolio

48rounds
NAMEDATESIZE
Helion Energy
Jun 2026Participated
$465 MSeries G
Helion Energy
Jan 2025Participated
$425 MSeries F
GreyOrange
Dec 2023Participated
$135 MSeries D
Oma Fertility
Oct 2022Led
$38 MSeed
Genetesis
Oct 2022Led
$18 MSeries C
Juno
Oct 2022Participated
$18 MSeries A
GreyOrange
May 2022Led
$110 MOther Equity
Ankyra
Nov 2021Participated
$45 MSeries B
Helion Energy
Nov 2021Participated
$500 MSeries E
Paxos
Apr 2021Participated
$300 MSeries D
Invivyd
Apr 2021Participated
$336 MSeries C
Flex Logix Technologies
Mar 2021Led
$55 MSeries D
Helion Energy
Jun 2026Participated
$465 MSeries G
Helion Energy
Jan 2025Participated
$425 MSeries F
GreyOrange
Dec 2023Participated
$135 MSeries D
Oma Fertility
Oct 2022Led
$38 MSeed
Genetesis
Oct 2022Led
$18 MSeries C
Juno
Oct 2022Participated
$18 MSeries A
GreyOrange
May 2022Led
$110 MOther Equity
Ankyra
Nov 2021Participated
$45 MSeries B
Helion Energy
Nov 2021Participated
$500 MSeries E
Paxos
Apr 2021Participated
$300 MSeries D
Invivyd
Apr 2021Participated
$336 MSeries C
Flex Logix Technologies
Mar 2021Led
$55 MSeries D
48
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Insights

Time horizon

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Deal Distribution

Mithril Capital Management: 48 funding rounds are recorded in the selected participation categories.All available history.
Mithril Capital Management: 48 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed20
Series A11
Series B32
Series C+916
Other Equity77

Monthly Deal Activity

Mithril Capital Management: 48 deals are recorded across 160 months.All available history.
Mithril Capital Management: 48 deals are recorded across 160 months. All available history
MonthDeals
Jul '131
Aug '130
Sep '130
Oct '131
Nov '130
Dec '130
Jan '140
Feb '140
Mar '140
Apr '142
May '140
Jun '140
Jul '140
Aug '143
Sep '142
Oct '140
Nov '140
Dec '140
Jan '150
Feb '151
Mar '150
Apr '150
May '150
Jun '151
Jul '150
Aug '151
Sep '151
Oct '151
Nov '151
Dec '150
Jan '160
Feb '160
Mar '160
Apr '160
May '161
Jun '162
Jul '160
Aug '160
Sep '160
Oct '160
Nov '161
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '170
Aug '171
Sep '170
Oct '170
Nov '171
Dec '170
Jan '180
Feb '181
Mar '180
Apr '182
May '180
Jun '180
Jul '180
Aug '180
Sep '181
Oct '180
Nov '181
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '191
Aug '190
Sep '191
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '201
Aug '201
Sep '201
Oct '201
Nov '201
Dec '202
Jan '210
Feb '210
Mar '212
Apr '212
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '212
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '221
Jun '220
Jul '220
Aug '220
Sep '220
Oct '223
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '231
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '251
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '261
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Mithril Capital Management: Health & Life Sciences is the largest displayed sector by deal count (17 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Mithril Capital Management: Health & Life Sciences is the largest displayed sector by deal count (17 deals). All available history
SectorDeals
Health & Life Sciences17
Enterprise Software11
Networks, Cloud & Communication11
Hardware & Robotics11
Fintech9
AI & Machine Learning7
Clean Energy & Sustainability4
Space & Frontier Tech4
Transportation & Logistics4
Crypto & Blockchain4
Professional Services4
Data, Analytics & IT3
Marketing & Advertising3
Media & Entertainment3
Government & Defense2
Cybersecurity & Privacy2
Travel & Hospitality1

Deal Size Distribution

Mithril Capital Management: 48 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Mithril Capital Management: 48 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M1
$10M-$25M12
$25M-$50M10
$50M-$100M8
$100M-$250M11
$250M-$500M5
$500M-$1B1
$1B+0

Deals By Geography

Mithril Capital Management: United States has the largest recorded deal count among the displayed regions (39 deals).All available history.

Top 6 of 6 regions; European countries are grouped as Europe.

Mithril Capital Management: United States has the largest recorded deal count among the displayed regions (39 deals). All available history
RegionDeals
United States39
Europe4
India2
001441
Israel1
Singapore1
Mithril Capital Management: 20 co-investors are shown, with Google Ventures sharing 6 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Mithril Capital Management: 20 co-investors are shown, with Google Ventures sharing 6 recorded deals. All available history
Co-investorShared deals
Google Ventures6
Bessemer Venture Partners5
Fidelity Management & Research Company5
Capricorn Investment Group4
Domain Associates4
General Catalyst4
Lux Capital4
Polaris Partners4
Foundry Group3
Greycroft3
Index Ventures3
Inovia Capital3
OrbiMed3
Senator Investment Group3
Temasek3
Union Square Ventures3
Accel2
Andreessen Horowitz2
BlackRock2
Blume Ventures2

Investment Strategy

Mithril Capital Management: Led accounts for 46% and participating for 54% of round participation.All available history.
Mithril Capital Management: Led accounts for 46% and participating for 54% of round participation. All available history
CategoryDeals (count)Share (%)
Led2246%
Participating2654%
Mithril Capital Management: Single-lead accounts for 77% and co-led for 23% of lead dynamics.All available history.
Mithril Capital Management: Single-lead accounts for 77% and co-led for 23% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1777%
Co-led523%

Team

Ajay Gopal Royan

Founder & Managing General Partner

Anuja Royan

Managing Director

Paul Leggett

Managing Director

Peter Thiel

Co-Founder