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Figma’s Dylan Field will cash out about $60M in IPO, with Index, Kleiner, Greylock, Sequoia all selling, too

When Figma announced its initial hoped-for price range on Monday ($25-$28), it also revealed an unusual decision for its highly anticipated IPO.  It will allow existing shareholders to sell more shares than the company plans to sell, by a high ratio. The company plans to offer about 12.5 million shares. Yet existing shareholders will be … Read more

Spark, Mayfield, and Kleiner Perkins pour another $75M into AI data center chipmaker Retym

Retym, a U.S. chipmaker with Israeli roots, has raised a fresh $75 million series D led by James Kuklinski of Spark Capital. Existing investors — Mayfield’s Navin Chaddha and Kleiner Perkins’ Mamoon Hamid — also participated, bringing its total raised to $180 million, it says. Retym is another startup benefiting from AI’s glow-up. It’s chips … Read more

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