Nothing, a smartphone maker backed by Google’s venture arm and iPod creator Tony Fadell, is seeking to raise at least $100 million in funding to expand its operations, according to people with knowledge of the matter.

Bloomberg

United States

Phone Startup Nothing Raises Funding, Crosses $1 Billion in Lifetime Sales

Ad Fontes Media

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Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

Nothing is exploring new product categories to broaden its lineup beyond smartphones and wearables. With around 600 employees, the company manufactures devices in China and India, and it’s working on enhancing the software experience by adding more AI features

Firstpost News

Mukesh Ambani

Mumbai

Maharashtra

India

Nothing looks to raise $100 million, expand beyond smartphones & wearables as sales cross $1bn

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Techmeme

California

Sources: Nothing seeks to raise at least $100M in its Series C; it crossed $1B in lifetime sales, sold 7M devices to date, and doubled revenue to $500M+ in 2024

Though customers in the US can buy Nothing devices, the company primarily sells its phones overseas.

NDTV Gadgets 360

Gautam Adani

Nothing Said to Raise Funding, Crosses $1 Billion in Lifetime Sales

Nothing gets a nod in the US, hinting a new phone launch in the near future.

Nothing Phone (3) could launch in the US too, as clue appears online

Carl Pei’s Nothing is seemingly a big success, as the company has reportedly hit $1 billion in lifetime sales, had a successful 2024, and is eyeing further expansion. more…

9 to 5 Google

Nothing eyes expansion following successful 2024, $1 billion in lifetime sales

Nothing is preparing for a busy year 2025. The London-based manufacturer is looking to raise at least $100 million, which will give it free rein to launch new products and finance its ambitions, beyond the smartphone and wireless earbuds market.

Nothing se prépare une année 2025 chargée. Le constructeur basé à Londres cherche à lever au moins 100 millions de dollars, ce qui lui donnera les coudées franches pour lancer de nouveaux produits et financer ses ambitions, au-delà du marché du smartphone et des écouteurs sans fil.

Nothing lancera un nouveau Phone (3) en 2025, et part en quête d'argent frais

01net

Nothing will launch a new Phone (3) in 2025, and is looking for fresh money

Smartphone vendor Nothing is reportedly vying to raise more than $100 million in a funding round to expand its regional presence and explore new product categories. According to Bloomberg, the push comes as Nothing plans to refine its Android-based software to incorporate AI features, set to debut later this year. The start-up device business is also reportedly aiming to accelerate sales outside the US. With a workforce of 600 and manufacturing …

Mobile World Live

Nothing eyes $100M in funding

A recent report reveals that Nothing is looking to secure at least $100 million in funding to scale up its operations.

Phone Arena

Nothing is going big in 2025 and $100 million might help do it

© Presse-citron.net Little by little, the Nothing brand is making a place for itself in the highly competitive smartphone market. Founded by Carl Pei, one of the creators of OnePlus, it does not yet ship volumes comparable to those of Samsung, Apple or Xiaomi. Nevertheless, it can be said that Nothing ended the year on a high note. According to Bloomberg sources, Nothing has doubled its turnover, to reach $500 million in 2024. And its total reve…

Phone Startup Nothing Raises Funding, Crosses $1 Billion in Lifetime Sales

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