Nothing secures £36.3m Series A extension for research and development.
The consumer technology brand raised the funds from strategic and private investors to support product development.
Nothing is a consumer technology company based in London that builds connected hardware ecosystems. Its debut product was the carbon-neutral ear (1) wireless earbuds.
London-based consumer technology brand Nothing has secured £36.3m in a Series A extension from strategic and private investors. The capital will support research and development efforts as the firm prepares to enter new product categories within its ecosystem.
The announcement coincides with news that Nothing is collaborating with Qualcomm Technologies to incorporate the Snapdragon platform into future hardware. The company previously released its ear (1) wireless earbuds in August 2021, shipping over 100,000 units within two months of launch.
From the founder
"The successful launch of our first product, ear (1), proved that there is room for a new challenger brand to emerge and disrupt today’s sea of sameness. Users deserve better products that are simpler to use, accessible, yet look amazing,"
Carl Pei
CEO and Co-founder at Nothing
Use of funds
- 01Fund research and development
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About the company
Nothing
Nothing designs and builds consumer technology products to connect people and devices.