February 9, 2021
LONDON, UK – Nothing, a new forward-thinking London-based consumer technology company, 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, invest more in R&D, and launch its community and first product in the coming months.
“We are grateful to Caliber, a venture capital firm, for helping us create nothing,” said Carl Pei, CEO and co-founder of Nothing. “We intend to aggressively enhance the company, especially its R&D and design capabilities, to fulfill its mission of bridging the gap between people and technology.”
Tom Holme, GV’s general partner, said: “Carl Pei is an experienced entrepreneur with experience in marketing, hardware, and distribution, which is the key to bringing new devices to market.” “His vision for smart devices is strong, and we are confident that with Carl’s global mindset, the Nothing team will have a significant impact on the consumer technology market.”
The new round takes the total amount of financing, which has not increased to $ 22 million. Past investors include notable technical leaders and investors such as Casey Nestett, Kevin Lin, Steve Huffman, Josh Buckley, Liam Casey and Paddy Cosgrew.
Nothing plans to invest in its community and the general public as part of its Series A round. More details will be announced in the coming weeks.
There is nothing dedicated to removing barriers between people and technology to create a seamless digital future. Living in London, nothing wants to discourage people from re-believing in the positive potential of technology. From the beginning of 2021, the art, passion and confidence in the field of consumer technology will not begin to return.
Nothing is held privately and is funded by GV. Other investors include: Casey Neistat (YouTube personality and Beme co-founder), Kevin Lin (Twitch co-founder) and Steve Huffman (Reddit co-founder and CEO).