Nothing is an online-first consumer electronics brand focused on design-led smartphones, audio products, wearables, and accessories. The company blends hardware, software, and community-driven branding to differentiate itself in the highly competitive consumer electronics market.
In addition to its physical products, Nothing maintains a direct-to-consumer model supported by digital channels and community engagement through newsletters and product drops.
What Is Nothing and What Does It Do?
Nothing, founded in 2020, is a London-based consumer electronics company developing smartphones, audio devices, watches, and accessories. The brand emphasizes minimalist design, transparent hardware aesthetics, and tightly integrated software experiences.
Nothing employs 56 people as of December 2023 and focuses on building a global hardware ecosystem that combines premium design with accessible pricing.
How Much Funding Has Nothing Raised?
1. Series C
- Amount Raised: $200M
- Date: September 2025
- Lead Investors: Tiger Global Management, Google Ventures, Highland Europe, EQT Ventures, Latitude, I2BF Global Ventures, Tapestry, Qualcomm Ventures, Nikhil Kamath
- Motivation: To scale global operations, expand product lines, and strengthen manufacturing and distribution.
2. Series C
- Amount Raised: $96.8M
- Date: June 2023
- Lead Investors: Highland Europe, Google Ventures, EQT Ventures, C Capital, Swedish House Mafia
- Motivation: To accelerate smartphone development and expand international market presence.
3. Series B
- Amount Raised: $70M
- Date: March 2022
- Lead Investors: EQT Ventures, C Capital, Google Ventures, Gaorong Capital, Animoca Brands, Future Shape
- Motivation: To scale hardware R&D, launch new consumer devices, and build the Nothing ecosystem.
Total Funding Raised: $440 Million
Current Valuation: $1.3 Billion (as of Sep 2025)
Latest Funding Date: September, 2025
Key Investors
1. Tiger Global Management
- Details: Global investment firm known for backing high-growth technology and consumer brands.
- Investment Focus Areas: Technology, consumer internet, software.
- Notable Investments: Nothing, Stripe, ByteDance, Shopify.
2. Google Ventures
- Details: Venture capital arm of Alphabet supporting category-defining technology companies.
- Investment Focus Areas: Consumer technology, AI, hardware, software.
- Notable Investments: Nothing, Uber, Slack, Nest.
3. Highland Europe
- Details: Growth-stage investment firm focused on European technology companies.
- Investment Focus Areas: SaaS, fintech, consumer technology.
- Notable Investments: Nothing, WeTransfer, Contentful.
4. EQT Ventures
- Details: Venture arm of EQT backing early and growth-stage technology businesses.
- Investment Focus Areas: Technology platforms, digital products, consumer tech.
- Notable Investments: Nothing, Wolt, Anyfin.
Where Is Nothing’s Headquarters?
Nothing is headquartered in London, United Kingdom, benefiting from the city’s design talent, consumer tech ecosystem, and access to global markets.
What’s Next for Nothing?
Nothing is expected to broaden its hardware ecosystem beyond smartphones and audio, deepen software integration, and expand aggressively into global markets. With strong investor backing and a growing brand community, the company is positioned to challenge incumbents in premium consumer electronics through design-led innovation.
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