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

Summary by Bloomberg
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.

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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.

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Bias Distribution

  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right

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Bloomberg broke the news in United States on Thursday, January 16, 2025.
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