Nothing Raises Additional $50M in Funding

nothing qualcomm

Nothing, a London, UK-based consumer tech brand, completed a Series A funding extension of $50M. 

Backers included unnamed strategic and private investors.

The company intends to use the funds towards research and development in preparation for its entry into new product categories.

Nothing also announced it is selecting the Snapdragon® platform to power future tech products and is cooperating with Qualcomm Technologies to do so.

Led by Carl Pei, CEO, Nothing is a consumer tech company prociding wireless earbuds that combine refined design with precise engineering and active noise cancellation for a pure sound experience.

The company is backed by GV (formerly Google Ventures) and other private investors including Tony Fadell (Principal at Future Shape & inventor of the iPod), Casey Neistat (YouTube personality and Co-founder of Beme), Kevin Lin (Co-founder of Twitch) and Steve Huffman (Co-founder and CEO of Reddit).

FinSMEs

13/10/2021