MRRPhysical AI
intelligence

← Capital intelligence

INV Venture capital

Mithril Capital Management

Mithril Capital

Visit website View graph

Growth-stage VC founded in 2012 by Peter Thiel and Ajay Royan; backs durable technology companies in sectors overdue for transformation, with significant positions in warehouse robotics (GreyOrange) and dental/surgical robotics (Neocis, Auris Health).

HeadquartersAustin, US

Portfolio3 companies

Cited round volume$592M

Cited rounds8

01

Physical AI portfolio

Round-by-round participation

GreyOrangeRobot maker · registered · corporate

2023-12-20Series D$135MSource

2022-05-18Growth · Lead$110MSource

2018-09-06Series C · Lead$140MSource

NeocisRobot maker · registered · corporate

2022-10-27Growth$40MSource

2020-10-08Series D$72MSource

2019-07-15Series C$30MSource

ForSight RoboticsRobot maker · registered · corporate

2022-07-20Series A$55MSource

2021-03-11Seed$10MSource

02

Source ledger

8 unique public sources

AI-Driven Warehouse and Retail Automation Leader GreyOrange Closes on $135M Growth FinancingGreyOrange · retrieved 2026-07-05

GreyOrange Closes $110 Million Growth Financing (equity led by Mithril Capital; separate debt from BlackRock-managed accounts)GreyOrange · retrieved 2026-07-05

GreyOrange Closes $140 Million Series C, Marking the Biggest Fundraising in Industrial Automation SystemsPR Newswire · retrieved 2026-07-05

Neocis Secures $40M in Additional Funding to Continue Transforming Dental Surgery With RoboticsNeocis · retrieved 2026-07-05

Neocis Raises $72M Series D to Bring a New Level of Precision and Safety to Dentistry with YomiGlobeNewswire · retrieved 2026-07-05

Neocis Inc. closes $30M equity funding roundGlobe Newswire · retrieved 2026-07-05

ForSight Robotics Raises $55 Million in Series A Round to Develop World's First Fully Robotic Cataract Surgery ProcedurePR Newswire · retrieved 2026-07-05

ForSight Robotics Raises $10 Million from Eclipse Ventures and Mithril Capital in Seed RoundForSight Robotics · retrieved 2026-07-05