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Nothing is a new forward-thinking London based consumer technology company. It announced today that it has raised $15 million in a Series A round led by GV (formerly Google Ventures). With the new funding, the company plans to expand its team and operations, further invest in R&D, as well as launch its community and first products in the coming months. Commenting on the development, Carl Pei, CEO and Co-founder of Nothing said,
“We are grateful to have a venture capital firm of this calibre help in building Nothing together with us. We plan to aggressively grow the company, in particular, our R&D and design capabilities, to realize our mission of removing barriers between people and technology.”
The new round takes the total amount of financing the startup has raised to over $22 million. Previous investors include notable tech leaders and investors such as Casey Neistat, Kevin Lin, Steve Huffman, Kunal Shah. Nothing also plans to have its community and the general public to invest as part of its Series A round. The startup will announce more details in the coming weeks.
"Carl Pei is a seasoned entrepreneur with marketing, hardware, and distribution experience. It is key to bringing new devices to market," said Tom Hulme, General Partner at GV. "His vision for smart devices is compelling, and we have high confidence that with Carl's global mindset, the Nothing team will have a meaningful impact on the market for consumer technology.”
About Nothing
Nothing is dedicated to removing the barriers between people and technology to create a seamless digital future. Based in London, the startup wants to inspire people to believe in the positive potential of technology again. Starting 2021, it will begin bringing back artistry, passion and trust to the field of consumer technology.
Nothing is privately held and venture-funded by GV. Further, other investors include Casey Neistat (YouTube personality and Co-founder of Beme), Kevin Lin (Co-founder of Twitch) and Steve Huffman (Co-founder and CEO of Reddit).