====== Nothing investors ====== {{infobox> name = Nothing investors image = investor_keyring.webp | Nothing investor keyrings from the Community Crowdfunding round 1 Source = [[https://x.com/nothing/status/1361616671564259331|@nothing via X]] Funding rounds = Seed Round (2020)\\ Series A (2021)\\ Series A extension (2021)\\ Series B (2022)\\ Series B1 (2023)\\ Series C (2025) Notable investors = Tony Fadell\\ Swedish House Mafia\\ Casey Neistat\\ Kevin Lin\\ Nikhil Kamath\\ [[:people#charli_xcx|Charli XCX]] Crowdfunding investment = Nothing also ran a number of [[community:crowdfunding|Community Crowdfunding]] rounds. }} Nothing has adopted a unique hybrid investment strategy, blending traditional venture capital with community-driven [[community:crowdfunding|Community Crowdfunding]]. Since its founding in 2020 by Carl Pei, the company has raised over $250 million across several funding rounds, with backing from prominent investors, angel investors and thousands of individuals worldwide. ====== Funding Rounds ====== ===== Seed Round ===== Nothing raised approximately £5 million in seed funding in December 2020 to establish operations and kickstart product development.((https://web.archive.org/web/20251115171426/https://www.clay.com/dossier/nothing-funding)) ===== Series A Funding ===== In February 2021, the company secured its first institutional Series A, raising $15 million, led by Google Ventures (GV) - marking the foundational capital for growth.((https://www.clay.com/dossier/nothing-funding)) Simultaneously, Nothing ran their first [[community:crowdfunding|Community Crowdfunding]]. ==== Series A Extension ==== In October 2021, Nothing announced a Series A extension, attracting an additional $50 million. This brought total Series A funding to approximately $74 million.((https://techcrunch.com/2021/10/13/nothing-raises-another-50m)) ===== Series B Funding ===== In March 2022, Nothing closed a $70 million Series B round, co-led by EQT Ventures and C Ventures. Other participant investors included GV, Tony Fadell’s Future Shape, Gaorong Capital and Animoca Brands. This took the total funding raised to $144 million from venture and community rounds.((https://www.businesswire.com/news/home/20220309005513/en/Nothing-Locks-%2470M-Series-B-Financing-Co-Led-by-EQT-Ventures-and-C-Ventures)) ===== Series B1 ===== Alongside another wave of [[community:crowdfunding|Community Crowdfunding]], Nothing closed a $96 million financing round in June 2023, led by Highland Europe, with continued support from GV, EQT Ventures and C Capital, alongside Swedish House Mafia. As of this round, total funding reportedly surpassed $250 million, and the company attracted over 8,000 private investors through its community investment initiatives.((https://nothing.community/d/1429)) ===== Series C ===== In September 2025, Nothing announced they’d secured a further $200 million at a $1.3 billion valuation, led by Tiger Global, with significant support from existing shareholders GV, Highland Europe, EQT, Latitude, I2BF and Tapestry, alongside new strategic backing from Nikhil Kamath and Qualcomm Ventures.((https://nothing.community/d/42158)) {{ :people:charli_xcx.webp|Charli XCX with Headphone (a) and Phone (4a) Pro. Source: [[https://www.vogue.com/article/charli-xcx-invests-in-nothing|Aidan Zamiri via Vogue]]}} ====== Other investors ====== On 12 May 2026, it was announced that [[:people#charli_xcx|Charli XCX]] would become Nothing's first [[:people#charli_xcx|Global Brand Ambassador]] and had invested in Nothing to become a shareholder. Alongside this, it was announced that Nothing surpassed $2 billion in lifetime revenue, closing almost $1 billion in 2025 alone.((https://www.vogue.com/article/charli-xcx-invests-in-nothing)) ====== Key Institutional Investors ====== | Investor | Biography | | Google Ventures (GV) | Lead investor in the Series A round. GV’s backing marked an early vote of confidence from a major tech-aligned venture capital firm. | | EQT Ventures | Co-led the Series B round, known for investing in transformative tech start ups. | | C Ventures / C Capital | Backed multiple rounds, providing support during Series B and Series B1 funding. | | Highland Europe | Led the $96M Series B1 round in 2023, helping scale Nothing’s product and market expansion. | | Future Shape (Tony Fadell) | Participated in Series B. Fadell, co-creator of the iPod and founder of Nest, is a major name in design-forward hardware. | | Animoca Brands | Participated in Series B, reflecting interest in Nothing’s early Web3 and NFT experiments (e.g., the [[community:dots_nft|Community Dots NFT program]]). | | Gaorong Capital | Participated in Series B as part of Nothing’s expansion into Asian markets. | | Swedish House Mafia | The electronic music trio joined as strategic investors in 2023, supporting Nothing’s brand-creative direction. A Swedish House Mafia Glyph Composer pack was subsequently released. | | Tiger Global | Led the $200M Series C round in 2025. | ====== Key people ====== | Name | Role | Biography | | [[:people#carl_pei|Carl Pei]] | Co-founder & CEO | Leads company direction, product philosophy, and long-term strategy. Best known for co-founding OnePlus, where he oversaw product development and global marketing. | | [[:people#akis_evangelidis|Akis Evangelidis]] | Co-founder & India President | Focuses on brand, operations, and market strategy. Nothing India President. Formerly at OnePlus. | | Tony Fadell | Strategic Investor | iPod co-creator and founder of Nest Labs; known for his design-driven investment approach. | | Casey Neistat | Angel Investor & Ambassador | Popular tech YouTuber; early public supporter and face of Nothing’s early launch campaigns. | | Kevin Lin | Angel Investor | Co-founder of Twitch; joined during early funding. | | Nikhil Kamath | Investor | Co-founder of retail stockbroker, Zerodha. | | [[:people#charli_xcx|Charli XCX]] | Global Brand Ambassador & investor | British singer, songwriter and actress. |