Newly Formed Company "NOTHING" Raises $15mn In Alphabet- led Funding | Tech news

The Newly formed consumer tech company "NOTHING" a startup by One Plus Co-founder Carl Pei announced that it has raised $15 millio...

The Newly formed consumer tech company "NOTHING" a startup by One Plus Co-founder Carl Pei announced that it has raised $15 million in a Series A round led by GV (formerly Google Ventures). Carl says they will be using the fund in expanding their team and investment in Research and Development Department.

The company aims to expand their operation in Europe and establish their headquarter in London . The Company will be launching its first smart product in coming months in Eupore itself .

Carl's tweet on their official handle can be seen below

We are happy to announce that we have raised $15 million in a Series A funding round led by @GVteam propelling us forward on our journey. pic.twitter.com/s7ek851GzF

— Nothing (@nothing) February 9, 2021

We are grateful to have a venture capital firm of this calibre help in building Nothing together with us, we plan to aggressively grow the company, in particular our R&D and design capabilities, to realise our mission of removing barriers between people and technology," Pei said.

In a seed funding round, the company has already launched $7 million and these were the participants.

Tony Fadel - Principal at future shape and inventor of iPod.

Caisey Neistat - YouTuber.

Kevin Lin - Co-founder of Twitch.

Steve Huffman - Ceo of Reddit.

Liam Casey - Founder and CEO , PCH

Paddy Cosgrove - Founder of Web Summit.

Josh Buckley - CEO of Product Hunt.

Kunal Shah - CEO CRED.