Nothing Closes $96M Funding Round

nothing

Nothing, a London, UK-based consumer technology brand, raised $96M in funding.

The round, which brought the total amount to $250M, was led by Highland Europe, with participation from existing investors GV (Google Ventures), EQT Ventures and C Capital, alongside house music supergroup Swedish House Mafia.

The company intends to use the funds to expand operations and its business reach.

Led by CEO Carl Pei, Nothing is creating an alternative ecosystem of tech products for the young and creative. Nothing’s products are developed in close collaboration with their community, which includes over 8,000 private investors, and are crafted with sustainability at the forefront.

The current portfolio includes a smartphone, Phone (1), wireless audio devices Ear (2) and Ear (Stick). Looking ahead, the company is gearing up to launch Phone (2) on July 11th.

The team has over 450 people across seven offices worldwide

FinSMEs

28/06/2023