Nothing Secures $200M Funding at $1.3B Valuation for AI Hardware Expansion

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2025-09-16 07:42:02

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London-based startup Nothing, founded by OnePlus co-founder Carl Pei, has raised $200 million in a Series C round led by Tiger Global. The funding values the company at $1.3 billion and will fuel its push into AI-driven consumer devices, including smartphones, earbuds, and smartwatches.

Qualcomm Ventures and existing investors like GV and Highland Europe participated in the round. Since its 2020 launch, Nothing has shipped millions of units and surpassed $1 billion in sales, leveraging its distinctive design ethos. Long-term ambitions include ventures into smart glasses, humanoid robotics, and electric vehicles.

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