Nothing

Nothing

Private
London, EnglandConsumer & Commercehttps://nothing.tech

Last Round

Crowdfunding

12/18/2025

Est. Valuation

$1.3B

Total Funding Raised

$361.5M

Company Overview

Nothing Technology Limited is a British consumer electronics manufacturer founded in 2020 by Carl Pei, co-founder of OnePlus. Based in London, the company aims to create a seamless digital future by removing the barriers between people and technology. It designs and manufactures products like smartphones and earphones, known for their unique transparent design aesthetic and features like the 'Glyph Interface'. The company's first product was the 'Ear (1)' wireless earbuds launched in 2021, followed by the 'Phone (1)' in 2022. Nothing has also launched a sub-brand, CMF by Nothing, to offer more affordable, well-designed products. The company is privately held and has received significant venture capital funding from investors including GV (formerly Google Ventures), EQT Ventures, and Highland Europe.

Sector

Consumer & Commerce

Verticals

Consumer Electronics, Computing Hardware, D2C Brands, IoT Hardware

Business Model

B2C

Customer Profile

Hardware Sales

AI Layer

Non-AI

Keywords

consumer electronicsAndroid smartphonewireless earbudsNothing OSGlyph Interfacetransparent techcustom Android OSmid-range smartphonechallenger brandD2C electronicsCMF by NothingAI phoneAI-first device

Historical Pricing

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Caplight Momentum Score

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Nothing Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Nothing Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Crowdfunding12/18/2025
Series C9/16/2025
VC Round6/28/2023
Crowdfunding4/5/2022
Series B3/9/2022
Series A Extension
10/13/2021

Key People

Founding team and executive leadership

Paul Yu

Chief Product Officer And Co-founder

Founding Team

Andrew tata

Nothing CEO

Executive Team

Azan Raees

Group Chief Executive Officer

Executive Team

Carl Pei

CEO And Co-founder

Founding Team

Nothing Investors

Notable investors and investment history

InvestorRounds
I2BF Global VenturesSeries C
EQT VenturesVC Round, Series C, Series B
GVVC Round, Series B, Series C, Crowdfunding, Series A
Latitude VenturesSeries C
TapestrySeries C
Qualcomm VenturesSeries C
EQT ABSeries C

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 24, 2026

    Launched an AI-powered dictation tool.

  • Apr 24, 2026

    Phone (3) receives Nothing OS B4.1-260414-1846 update.

Nothing Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Nothing Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Nothing's valuation, stock price, and market status.

Firmographic Details

HeadquartersLondon, England
Employee Range28,674
Year Founded2020
Last Funding12/18/2025

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