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Retym Launches Out of Stealth with $180 Million to Drive AI Infrastructure Innovation

Retym Launches Out of Stealth with $180 Million to Drive AI Infrastructure Innovation

April 9, 2025 Craig Etkin

Spark Capital Leads Series D Round to Support Advancements in coherent DSP Solutions

CUPERTINO, Calif.–(BUSINESS WIRE)–Retym (pronounced “Re-Time”), a leading semiconductor firm, has emerged from stealth with over $180 million raised across multiple rounds to drive AI Infrastructure Innovation. In the latest financing round, the company secured $75 million in Series D funding, led by Spark Capital.

Retym specializes in programmable coherent DSP (digital signal processing) solutions for cloud and AI infrastructure, a foundational technology that enables faster and more efficient transmission within and between AI data centers. With the investment, James Kuklinski, General Partner at Spark Capital, joins Retym’s Board of Directors. The Series D funding marks a significant step forward for the company as it charts a multi-generation product roadmap designed to address the growing demand for AI-driven network bandwidth.

Alongside Spark Capital, existing investors Kleiner Perkins, Mayfield and Fidelity Investments, all participated in the round, further demonstrating confidence in Retym’s vision and execution. The Series D funding will support scaling to production and continued product development advancements.

“As AI workloads continue to scale exponentially, they’re creating unprecedented demands on critical infrastructure,” said James Kuklinski, General Partner, Spark Capital. “Retym’s exceptional team is uniquely positioned to address these challenges, developing products that will enable significant advancements in performance and scale. We’re excited to partner with Retym as they execute on their vision to deliver solutions that will help unlock the next wave of AI innovation.”

“At Mayfield, we invest in exceptional innovators who create category-defining companies. Sachin Gandhi and the Retym team, along with board director Syed Ali, combine rare semiconductor expertise with entrepreneurial drive to redefine AI infrastructure,” said Navin Chaddha, Managing Partner at Mayfield. “We see tremendous opportunity in Retym’s pioneering work on the next generation AI-driven interconnect technologies that will power tomorrow’s data centers.”

“The quest for AI innovation is encountering constraints from current infrastructure technology, and the talented team at Retym is perfectly positioned to introduce new foundational technology to unleash its potential,” said Mamoon Hamid, Partner, Kleiner Perkins. “Retym’s visionary team is already tackling essential bottlenecks in AI infrastructure with a groundbreaking approach to coherent DSPs, and we have been proud partners with them from the start.”

Retym enters the market at a time when the boundaries between “inside-the-datacenter” and “datacenter interconnect” are blurring. According to Dell’Oro Group, global spending on datacenter compute and networking is expected to exceed $1 trillion annually within the next decade, making optical networking and DSP solutions essential for unlocking AI’s true potential. Retym’s innovative, high-performance DSPs are designed to lead the way in power and performance, addressing the complex demands of modern AI infrastructure, and fostering a vibrant, competitive ecosystem.

“Coherent optics and the DSPs that drive them are becoming increasingly crucial for AI-driven data centers as data volumes and performance requirements continue to rise,” said Vlad Kozlov, founder and CEO of the research firm LightCounting. “The ongoing evolution of this market highlights the need for innovative and efficient solutions. Retym is entering the market at an opportune time to potentially capitalize on that need.”

“As AI infrastructure demands intensify, Retym is well-positioned to lead in delivering cost-effective and power-efficient DSP innovation for the rapidly evolving landscape,” said Sachin Gandhi, Retym’s co-founder and CEO. “We’re excited to collaborate with customers and ecosystem partners to integrate our DSPs into high-speed transceiver designs. With groundbreaking product announcements ahead, this is only the beginning.”

About Retym:

Retym is a semiconductor company empowering the future of AI infrastructure and cloud connectivity with DSP innovations that will shape the future of AI datacenter technology. The company unites top analog, DSP, VLSI, and optical communications experts with seasoned, visionary investors to build exceptional products that will transform AI infrastructure. For more information, please visit www.retym.com.

Contacts

Media and Analyst Contact:
10Fold Communications for Retym
retym@10fold.com

(c)2025 Business Wire, Inc., All rights reserved.


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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

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Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

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Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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