Mithril overview
Stories about Mithril

Mithril alums Greenspon and Vance launch Narya Capital
Mithril alums James J.D. Vance and Colin Greenspon have co-founded a new venture firm called Narya Capital and have already raised $93 million toward a target of $125 million.

Where are they now: Mithril Capital
The firm co-founded by Peter Thiel has seen seven of 11 team members depart in the past four years. Here's what they're up to now.
Peter Thiel's Mithril closes over $740 mln for sophomore fund
Mithril Capital has raised over $740 million for its second fund, according to an SEC filing https://www.sec.gov/Archives/edgar/data/1669609/000166960917000001/xslFormDX01/primary_doc.xml Co-founded by Peter Thiel, San Francisco-based venture firm focuses on the technology, macroeconomics and finance sectors.
Spaceflight Industries raises $18 mln
Spaceflight Industries said June 21 that it raised $18 million in Series B financing led by Mithril Capital Management. The round is expected to raise $25 million. Existing investors including RRE Venture Capital, Vulcan Capital and Razor’s Edge Ventures, all reinvested in the round. Seattle-based Spaceflight is a space company that offers satellite infrastructure, rideshare capabilities, global communications networks, and near-real-time imaging capabilities.
Performance Horizon snags $15.4 mln Series C
Performance Horizon, a digital partner marketing solutions provider, has raised $15.4 million in Series C funding. The investors included Greycroft Partners, Mithril and DN Capital.
Performance Horizon snags $15.4 mln Series C
Performance Horizon, a digital partner marketing solutions provider, has raised $15.4 million in Series C funding. The investors included Greycroft Partners, Mithril and DN Capital.

Cloud service commerce platform AppDirect nets $50 mln in Series D round
AppDirect Inc, which last year opened an office /canada/2014/04/10/appdirect-nets-35-mln-in-series-c-round-opens-montreal-office/ in Montréal, has raised US$50 million in a Series D financing. The round was led by U.S. venture capital firm Mithril Capital Management, and was joined by a mix of new and existing investors, including Canadian firms iNovia Capital and Foundry Group. Based in San Francisco, AppDirect is a cloud service marketplace and management platform. It plans to use funding proceeds to expand its global market share by devoting resources to scale sales, marketing and client services teams, and by forging new partnerships. AppDirect is co-led by Canadian entrepreneurs Nicolas Desmarais and Daniel Saks.
Mithril funds managed
Closed funds: 2
| Fund | Fund size | Close date | Strategy |
|---|---|---|---|
Fund size | Close dateJan 2017 | Strategy | |
Fund size | Close dateNov 2013 | Strategy | |
Stories that mention Mithril
CDPQ makes $100m investment in AppDirect's capital program
CDPQ's investment builds on an initial $80 million financing of AppDirect in 2021.
AppDirect buys ADCom's network operations center and VEEUE platform
AppDirect, a San Francisco-based B2B subscription commerce platform company, was originally founded in Montreal.
Author J.D. Vance joins Revolution as a partner
Revolution LLC has named J.D. Vance as a partner. Vance is the author of "Hillbilly Elegy." In addition to his new appointment, Vance will "remain engaged" at Mithril Capital Management.
Stem pulls in up to $100 mln from Starwood Energy Group
Millbrae, California-based Stem Inc, a provider of energy storage solutions, has secured up to $100 million in funding. The investor was Starwood Energy Group Global LLC.
Fractyl racks up $57 mln Series C
Waltham, Massachusetts-based Fractyl Laboratories Inc, which focuses on addressing metabolic diseases, has closed its Series C funding at $57 million. New investor Deerfield Management has joined Mithril, General Catalyst, Bessemer Venture Partners and Domain Associates in the round.
VC-backed Performance Horizon appoints board chairman
Performance Horizon, a digital partner marketing provider, has named Steve Walske as chairman of its board of directors. Walske is the former CEO of Parametric Technology Corporation. Performance Horizon's backers include Mithril, Greycroft Partners and DN Capital.
Mobile security company Lookout pulls in $150 million
San Francisco-based mobile security firm Lookout has closed $150 million in funding. T. Rowe Price Associates-managed funds led the round with participation from Morgan Stanley Investment Management, Wellington Management Company, Goldman Sachs, Bezos Expeditions, Mithril Capital Management, Khosla Ventures, Accel Partners, Index Ventures and Andreessen Horowitz. Allen & Company served as financial advisor on this transaction.
SparkLabs Global Ventures names two as advisors
SparkLab Global Ventures, a global seed-stage fund, has brought on Brian Behlendorft, co-founder of the Apache Project and managing director at Mithril Capital Management, and Jonathan Teo, a venture capitalist, as advisors to their fund.