Led by Highland Europe, this round brings Nothing's total funding to $250M – just as company crosses 1.5M products sold.

Nothing, the London-based consumer technology brand, announces a $96M fundraising round led by Highland Europe, with participation from existing investors C Capital, GV (Google Ventures) and EQT Partners, alongside house music supergroup Swedish House Mafia.

With over 450 people across seven offices worldwide, Nothing is here to make tech fun again. Through cutting-edge design, user interface innovation and community collaboration, the company is creating an ecosystem of tech products for the young and creative. These products are thoughtfully built to contribute to a more sustainable future.

In less than three years, Nothing has proven that there is room for a new alternative. In 2022, Nothing’s Phone (1) was regarded as one of the most anticipated tech launches in recent times and showcased in Time Magazine's prestigious “Best Inventions of 2022” list for its innovative smartphone design. In 2023, Phone (1) received the renowned Red Dot Design Award, along with the rest of Nothing's current product portfolio, including the true wireless audio devices Ear (2) and Ear (Stick). Looking ahead, the company is gearing up to launch Phone (2) on July 11th. Phone (2) features a lower carbon footprint than its predecessor as a result of the company’s ongoing sustainability initiatives.

Nothing wants to bridge the gap between the company and its users – driving product innovation by delving deeper into consumer insights through its community feedback programs. To further support this goal, Nothing has held two community financing rounds and attracted over 8,000 private investors. Additionally, the company has appointed a community member as a Board Observer, ensuring that user interests remain at the forefront at all times.

“In just over two years, we’ve assembled one of the strongest teams in the industry and sold over 1.5 million devices worldwide,” said Carl Pei, Nothing CEO and Co-founder. “It’s clear that there’s real demand for an innovative challenger in the consumer tech industry, and with this new round of financing, we’ve never been better positioned to realize our vision to make tech fun again.”

For more information and updates about Nothing, follow the company on Instagram and Twitter, or visit nothing.tech.

About Nothing

Nothing is here to make tech fun again. Founded in 2020, their debut smartphone, Phone (1), made Time Magazine's prestigious “Best Inventions of 2022”. Through cutting-edge design and user interface innovation, the London-based company is creating an alternative ecosystem of tech products for the young and creative. Nothing’s products are developed in close collaboration with their community, which includes over 8,000 private investors, and are crafted with sustainability at the forefront.