
Nothing Secures $200 Million in Series C to Fuel AI and Product Expansion

- Consumer tech brand Nothing secures $200 million in Series C funding, led by Tiger Global.
- The funding values the company at $1.3 billion and will fuel its AI-native product roadmap.
- Strategic investors include Nikhil Kamath, Qualcomm Ventures, GV, Highland Europe, and EQT.
Consumer technology startup Nothing has announced a $200 million Series C funding round, led by Tiger Global, with participation from Nikhil Kamath, Qualcomm Ventures, and existing backers like GV, Highland Europe, and EQT. The funding round pushes Nothing’s valuation to $1.3 billion, underscoring growing investor confidence in the four year old brand’s AI focused future.
Nothing plans to use the fresh capital to accelerate product innovation, especially in building a new generation of AI native devices that combine hardware and software in smarter, more seamless ways. The funding will also support the expansion of its global distribution network.
In a statement, the company shared its broader vision, “Smartphones will remain dominant for now, but we're entering an era where an additional AI powered device becomes essential. The more context we can provide to AI, the more useful it becomes and that’s where we’re headed”.
Nothing, which is headquartered in London, has seen strong momentum this year, having crossed $1 billion in total sales in early 2025. The company is also planning to launch its first AI native products next year, further aligning with global trends toward context-aware, intelligent devices.
In parallel with its Series C round, Nothing announced it will soon launch a ‘Community round’, offering early supporters and fans a chance to invest directly in the company.
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India continues to play a key role in Nothing’s growth story. The company is set to open its first flagship store in India and has made the country the global hub for its sub-brand CMF. Recently, CMF also moved its Global Marketing operations to India, reinforcing Nothing’s long term strategy to build from and for India.