![Ajay Royan](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Ajay Royan
Chairman at
FRACTYL HEALTH, INC.
Net worth: 28 017 $ as of 2026-07-30
Profile
Ajay Royan is the founder of Mithril Capital Management LLC, founded in 2012, and holds the title of Managing General Partner.
Current jobs include Chairman at Fractyl Health, Inc. since 2024; Director at Adimab LLC since 2014; Director at Auris Health, Inc.; Director at Pollen, Inc.; Director at AppDirect, Inc.; Director at Flex Logix Technologies, Inc.; Director at Helion Energy, Inc.; Independent Director at Invivyd, Inc. starting 2025; Director at Canada-US Fulbright Program Foundation; Director at National Academies of Sciences; Director at Avitide, Inc.; Director at The Thiel Foundation; Director at BlackSky Global LLC; Director at Ankyra Therapeutics, Inc.; Director at Grey Orange International, Inc.; and member of the Science Advisory Board at Oak Ridge National Laboratory.
Former jobs include Managing Director at Clarium Capital Management LLC from 2003 to 2012; Director at SilverRail Technologies, Inc.; Director at BlackSky Holdings, Inc. (Virginia); Director at DoubleDutch, Inc.; Director at Oklo, Inc. (Old); and Managing Member at Mithril II UGP LLC.
Education includes an undergraduate degree from Yale University, conferred in 2000.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
FRACTYL HEALTH, INC. 0.03% | 2026-06-11 | 40,901 ( 0.03% ) | 28 017 $ | 2026-07-30 |
INVIVYD, INC. -.--% | 2026-05-18 | 0 ( -.--% ) | - $ | 2026-07-30 |
Ajay Royan active positions
| Companies | Position | Start |
|---|---|---|
| FRACTYL HEALTH, INC. | Chairman | 2024-07-31 |
| INVIVYD, INC. | Director/Board Member | 2025-03-25 |
Mithril Capital Management LLC
 Mithril Capital Management LLC Investment ManagersFinance Mithril Capital invests in companies located in the United States. The firm focuses on companies operating across a broad range of sectors and industries. It provides financing for early stage capital requirements. | Founder | 2012-05-31 |
AppDirect, Inc.
 AppDirect, Inc. Internet Software/ServicesTechnology Services Operates as a B2B subscription commerce platform for selling, buying and managing recurring technology | Director/Board Member | - |
Helion Energy, Inc.
 Helion Energy, Inc. Packaged SoftwareTechnology Services Develops fusion technology designed for electricity production | Director/Board Member | - |
Oak Ridge National Laboratory
 Oak Ridge National Laboratory Miscellaneous Commercial ServicesCommercial Services Provides technical & scientific research services | Consultant / Advisor | - |
Flex Logix Technologies, Inc.
 Flex Logix Technologies, Inc. SemiconductorsElectronic Technology Engages in designing reconfigurable AI accelerator chips | Director/Board Member | - |
National Academies of Sciences
 National Academies of Sciences Miscellaneous Commercial ServicesCommercial Services Provides science, technology and health policy advisory services | Director/Board Member | - |
Canada-US Fulbright Program Foundation | Director/Board Member | - |
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Former positions of Ajay Royan
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Training of Ajay Royan
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
93
1st degree connections
24
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 24 |
|---|---|
Clarium Capital Management LLC
 Clarium Capital Management LLC Investment ManagersFinance Clarium Capital Management is a broadly opportunistic investment adviser that seeks superior long-term capital appreciation and pursues attractive absolute returns through high-conviction, directional investments across a wide range of asset classes. The firm generally seeks to express their views over a multi-year time horizon, with less emphasis on liquidity. While private equity investments, currently comprise substantially all of their clients’ portfolio investments, their strategy may at times involve the trading of public equities, futures contracts and other derivatives (including securities futures contracts), spot currencies, bonds and such other instruments. Clarium attempt to time trades by using various quantitative and qualitative market- and sentiment-based indicators. In general, the firm seeks to enter a trade when it is contrary to what most participants in the market believe and how they are positioned. | Finance |
Adimab LLC
 Adimab LLC Information Technology ServicesTechnology Services Develops yeast-based antibody discovery technology platform | Technology Services |
Auris Health, Inc.
 Auris Health, Inc. Medical SpecialtiesHealth Technology Develops robotics for diagnostic and therapeutic bronchoscopy procedures | Health Technology |
SilverRail Technologies, Inc.
 SilverRail Technologies, Inc. Other TransportationTransportation Provides technology solutions for the distribution of train tickets and other rail-related products | Transportation |
Pollen, Inc.
 Pollen, Inc. Finance/Rental/LeasingFinance Operates as a working capital platform that connects businesses to accelerate invoice payments and provides supply chain finance solutions | Finance |
AppDirect, Inc.
AppDirect, Inc. Internet Software/ServicesTechnology Services Operates as a B2B subscription commerce platform for selling, buying and managing recurring technology | Technology Services |
Flex Logix Technologies, Inc.
Flex Logix Technologies, Inc. SemiconductorsElectronic Technology Engages in designing reconfigurable AI accelerator chips | Electronic Technology |
Helion Energy, Inc.
Helion Energy, Inc. Packaged SoftwareTechnology Services Develops fusion technology designed for electricity production | Technology Services |
BlackSky Holdings, Inc. (Virginia)
 BlackSky Holdings, Inc. (Virginia) Aerospace & DefenseElectronic Technology Provides integrated space products and services | Electronic Technology |
Yale University
 Yale University Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Oak Ridge National Laboratory
Oak Ridge National Laboratory Miscellaneous Commercial ServicesCommercial Services Provides technical & scientific research services | Commercial Services |
Canada-US Fulbright Program Foundation | |
DoubleDutch, Inc.
 DoubleDutch, Inc. Packaged SoftwareTechnology Services Provides mobile engagement applications for events, conferences, and trade shows | Technology Services |
National Academies of Sciences
National Academies of Sciences Miscellaneous Commercial ServicesCommercial Services Provides science, technology and health policy advisory services | Commercial Services |
Fractyl Health, Inc.
 Fractyl Health, Inc. BiotechnologyHealth Technology Develops and sells therapeutics for metabolic diseases, type 2 diabetes & obesity | Health Technology |
Mithril Capital Management LLC
Mithril Capital Management LLC Investment ManagersFinance Mithril Capital invests in companies located in the United States. The firm focuses on companies operating across a broad range of sectors and industries. It provides financing for early stage capital requirements. | Finance |
Avitide, Inc.
 Avitide, Inc. BiotechnologyHealth Technology Develops affinity purification solutions | Health Technology |
The Thiel Foundation
 The Thiel Foundation Investment Trusts/Mutual FundsMiscellaneous Operates as a private foundation | Miscellaneous |
Mithril II UGP LLC | |
Oklo, Inc. (United States)
 Oklo, Inc. (United States) Miscellaneous Commercial ServicesCommercial Services Operates as a fission technology and nuclear fuel recycling company | Commercial Services |
BlackSky Global LLC
 BlackSky Global LLC Packaged SoftwareTechnology Services Develops satellite-imaging-as-a-service software | Technology Services |
Ankyra Therapeutics, Inc.
 Ankyra Therapeutics, Inc. Medical/Nursing ServicesHealth Services Provides healthcare services | Health Services |
Invivyd, Inc.
 Invivyd, Inc. BiotechnologyHealth Technology Develops antibody-based solutions for infectious diseases | Health Technology |
Grey Orange International, Inc.
 Grey Orange International, Inc. Information Technology ServicesTechnology Services Provides technology related services | Technology Services |
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