
Nothing raises $200 million in Series C funding, plans to launch its first AI-native devices next year
GSMArena
11:58
Technology company Nothing, founded by Carl Pei in 2020 after leaving OnePlus, has raised $200 million in Series C funding at a $1.3 billion valuation. The funding round was led by Nothing's new partner, Tiger Global, with support from existing shareholders GV, Highland Europe, EQT, Latitude, I2BF, and Tapestry. The round was also backed by the London-based company's new investors, Qualcomm Ventures and Indian entrepreneur and Zerodha co-founder Nikhil Kamath. This announcement came from Pei, who said that in four years, Nothing "shipped millions of devices, began 2025 crossing $1B+ in...