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Nothing Secures $200M Funding at $1.3B Valuation

TSI Desk by TSI Desk
September 17, 2025
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Nothing Secures $200M in Series C Funding: A Leap Towards AI-Driven Innovation

London-based consumer electronics startup, Nothing, has made headlines by raising $200 million in a Series C funding round. This investment, spearheaded by Tiger Global along with notable participants like GV, Highland Europe, and Nikhil Kamath of Zerodha, values the company at an impressive $1.3 billion. This marks a significant milestone as Nothing aims to expand its product line from smartphones to a broader range of AI-driven devices.

The Vision Behind the Funding

According to Carl Pei, CEO and Co-founder of Nothing, this funding represents a pivotal moment in the company’s journey. “This milestone marks the start of our next phase: From being the only independent smartphone company to emerge in the last decade, towards building an AI-native platform in which hardware and software converge into a single intelligent system,” Pei stated.

Pei envisions a future where smartphones evolve into hyper-personalized devices. He emphasizes the need for a billion unique operating systems tailored for a billion users. This approach aims to transform the traditional one-size-fits-all model into a more customized experience.

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Expansion Plans and Product Lineup

Nothing plans to launch its first AI-native devices next year, expanding beyond its current offerings of smartphones, earbuds, and smartwatches. The company is venturing into emerging categories such as smart glasses and robotics, reflecting its commitment to innovation.

The startup’s focus on design and user interface has already garnered a dedicated following. Known for its minimal bloatware and creative product concepts, Nothing is determined to make technology “fun again.”

Nothing phone.

Impressive Growth and Market Impact

Earlier this year, Nothing crossed $1 billion in cumulative sales, with a remarkable 150% revenue growth in 2024. In India, the company recorded a 146% annual growth in smartphone shipments in the second quarter of 2025, making it the fastest-growing smartphone brand for six consecutive quarters, as reported by Counterpoint Research.

This growth trajectory underscores the company’s potential and its ability to capture market share in a competitive industry.

Community Engagement and Future Prospects

Alongside the Series C funding, Nothing is preparing a new community funding round to offer retail supporters a chance to invest. This initiative aligns with the company’s ethos of building a strong community around its brand.

The involvement of prominent investors like Qualcomm Ventures and EQT further solidifies Nothing’s position in the tech landscape. These strategic partnerships provide not only financial backing but also industry expertise and insights.

The Role of AI in Shaping the Future

As Nothing embarks on this new phase, the integration of artificial intelligence is central to its strategy. The company aims to create devices that are not only smart but also intuitive and adaptive to individual user needs. This vision aligns with broader industry trends where AI is becoming a cornerstone of technological advancement.

The potential for AI-driven devices extends beyond personal gadgets to encompass broader applications in smart homes and cities. Nothing’s commitment to this vision positions it at the forefront of innovation in the consumer electronics space.

Conclusion

Nothing’s recent funding round is more than just a financial boost; it’s a testament to the company’s innovative approach and ambitious vision. With a focus on AI and personalization, Nothing is poised to redefine the consumer electronics landscape. As the company continues to grow, it invites you to consider how these advancements might impact your daily life and the future of technology.

For more information about Nothing and its products, visit Nothing’s website.

Visit TechScoopIndia for similar articles.

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TSI Desk

The TSI News Desk is the heart of Tech Scoop India, a dedicated team of tech-savvy writers, editors, and analysts passionate about delivering the latest and most impactful technology news. Committed to curating accurate, timely, and insightful content, the TSI News Desk ensures that readers stay ahead of trends in the ever-evolving tech landscape. From breaking stories on Indian startups to in-depth reviews of cutting-edge software by Indian companies, the team prides itself on its journalistic integrity and expertise. TSI News Desk is where technology meets trust.

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