Mithril
An AI omnicloud platform for developers and research teams.
The Company
Mithril offers an AI omnicloud platform intended to provide developers and research teams with flexible access to compute. The company previously operated as Foundry before adopting the Mithril name.
Its public materials emphasize AI workloads and cross-cloud access, but do not disclose financing, valuation, customers or operating metrics. This profile therefore does not infer commercial scale.
Why It Matters
As AI demand grows, developers increasingly need access to scarce and expensive compute. The question is whether Mithril can provide a differentiated layer above hyperscalers and specialized GPU clouds.
Valuation History
- Raised $80M · valuation undisclosed→Mar 2024Seed and Series A, announced as FoundrySource ↗
What Changed
Foundry announced $80M in Seed and Series A financing; it rebranded as Mithril in August 2025.
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