3 years ago
Nothing Secures $70 Million in Series B Funding to Expand Its Consumer Tech Ecosystem
Nothing, a London-based consumer tech company, has raised $70 million in Series B funding
The round was co-led by EQT Ventures and C Ventures with participation from GV, Tony Fadell’s Future Shape, Gaorong Capital, and Animoca Brands
The company intends to use the funds to scale its product ecosystem, create new product categories in partnership with Qualcomm Technologies, and grow operations at its new London Design Hub
Nothing is led by Carl Pei, CEO and Co-founder, and its products include ear, carbon-neutral true wireless earbuds which have shipped over 400,000 units.
ProblemTechnology
"People are looking for seamless connected products and services, but existing tech is clunky and overpriced."
Solution
"Nothing is creating a line of stylish, affordable, and user-friendly tech products, starting with their popular carbon-neutral earbuds. They're focused on creating a cohesive ecosystem where all devices work together seamlessly."