Mithril Capital Management

Mithril Capital Management is a global venture capital firm that invests in transformative and durable businesses across various sectors and geographies. Founded in 2012 by Ajay Royan and Peter Thiel, the firm focuses on partnering with teams that use technology to build valuable and lasting companies, often in industries long overdue for change. Mithril is headquartered in Austin, Texas, and operates globally, with investments in the United States, India, China, Europe, Southeast Asia, Latin America, Africa, Australia, Canada, Japan, South Korea, Israel, the United Kingdom, Germany, France, Brazil, Mexico, South Africa, Nigeria, Indonesia, and Singapore.

The firm's investment strategy is to provide capital to leading growth companies by partnering with teams who use technology to build transformative and durable businesses, often in industries long overdue for change. Mithril's team is led by co-founder and long-time Thiel colleague Ajay Royan. The firm prioritizes long-term relationships with companies holding the greatest potential over those with odds for a quick exit. This design offers portfolio companies a sustained investment partner across their growth life cycle.

Mithril's portfolio includes companies in various industries, such as technology, healthcare, financial services, consumer products, energy, media, telecommunications, transportation, education, agriculture, real estate, retail, manufacturing, logistics, and hospitality. The firm has invested in companies like Helion Energy, a fusion energy startup, and Glance, an Indian software company owned by InMobi. Mithril's investment size typically ranges from $10 million to $50 million, focusing on early-stage and growth-stage companies with high potential for long-term success.