Mithril Capital

Mithril Capital was founded in 2012 by Peter Thiel and Ajay Royan and now operates from Austin, Texas. The firm runs a sector and geography agnostic mandate with a concentrated, long-hold portfolio. Fund I totalled $402M and Fund II raised $740M, taking total capital toward $1.4B. The headline exit is Auris Health, the surgical robotics company acquired by Johnson and Johnson for over $3B in 2019. Industrial-relevant holdings include Helion in fusion energy, GreyOrange in warehouse robotics and Neocis in surgical robotics.