What is Nothing?
Founded in 2020, Nothing is a design-centric technology company that aims to redefine the consumer electronics market. By developing a portfolio that spans smartphones, audio equipment, and wearables, the company seeks to provide a distinct alternative to the standardized offerings of global tech giants. Its market position is defined by a commitment to transparency, minimalist aesthetics, and user-centric innovation, which has resonated with a demographic seeking more expressive and creative hardware solutions. The company operates at the intersection of hardware and software, leveraging its unique brand identity to foster a loyal community of early adopters and tech enthusiasts.
How much funding has Nothing raised?
Nothing has raised a total of $444.7M across 6 funding rounds:
Angel/Seed
$6.6M
Series A
$65M
Series B
$70M
Other Financing Round
$96M
Series C
$200M
Crowdfunding
$7.1M
Angel/Seed (2020): $6.6M, investors not publicly disclosed
Series A (2021): $65M, investors not publicly disclosed
Series B (2022): $70M supported by Animoca Brands, GV, Future-Shape, C Ventures Fund, Gaorong Capital, and EQT Group
Other Financing Round (2023): $96M featuring GV, C Capital, and Highland Europe
Series C (2025): $200M backed by GV, Tiger Global Management, Highland Europe, and I2BF Global Ventures
Crowdfunding (2025): $7.1M, investors not publicly disclosed
Key Investors in Nothing
GV
GV is a venture capital firm founded in 2001 that invests across multiple stages and sectors, focusing on enterprise solutions, life sciences, consumer products, and frontier technology innovations.
Highland Europe
Highland Europe provides growth capital to exceptional teams, focusing on product-led companies across software and consumer sectors in Europe and Israel.
Tiger Global Management
Tiger Global Management is an investment firm deploying capital in both public and private markets, with a history of supporting high-growth technology companies since 2001.
What's next for Nothing?
Looking ahead, the recent infusion of capital is expected to fuel Nothing's next phase of growth, likely involving the expansion of its product roadmap and deeper penetration into international markets. As the company matures, the focus will likely shift toward scaling its supply chain and enhancing its software ecosystem to ensure long-term retention. With the support of high-profile institutional backers, Nothing is poised to navigate the complexities of the global hardware market, potentially exploring new categories that align with its core design ethos. The strategic deployment of these funds will be critical in maintaining the momentum required to challenge industry leaders while sustaining the brand's unique market differentiation.
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