Nothing raises over $8M in community investment round
Nothing's community base now stands at around 13,000 investors who have collectively contributed over $16 million to date.
London-based consumer tech brand Nothing on Thursday said it has raised over $8 million (about Rs 72 crore) in its third community investment round, which closed with over 5,000 new investors.
The round allowed community members to invest at a $1.3 billion valuation, according to a company statement.
Nothing's community base now stands at around 13,000 investors who have collectively contributed over $16 million to date.
"Nothing has… closed its latest community investment round, raising more than $8 million, and adding over 5,000 new investors to its community from more than 80 countries," the company said.
The latest funding comes on the heels of Nothing's $200 million Series C round in September 2025, led by investors, including Tiger Global, GV, Highland Europe, EQT, and Qualcomm Ventures.
Community investment involves people investing money in an early-stage private or unlisted company in exchange for a share, or equity, in that company.
The latest community raise underscores Nothing’s strategy of blending traditional venture capital with a highly engaged global fan base, a model that has helped the company build brand loyalty alongside capital.
Founded by OnePlus co-founder Carl Pei, Nothing has positioned itself as a design-led challenger in the crowded smartphone and consumer electronics market, with products spanning smartphones, audio devices, and accessories.
Earlier this year, Nothing announced that CMF, previously its sub-brand, would now operate as an independent subsidiary and establish its global headquarters in India. It plans to make India its base for operations, R&D, and manufacturing.
The company also announced a manufacturing joint venture with Indian electronics manufacturer Optiemus Infracom to make India a global production and export hub for both Nothing and CMF products.
The two partners will invest over $100 million (about Rs 887 crore) in the venture, which is expected to create more than 1,800 jobs in India over the next three years.
To date, Nothing's total investment in India stands at over $200 million.
India has emerged as one of its fastest-growing markets, both in terms of sales and manufacturing, as the company looks to leverage local production, supply-chain efficiencies, and a large consumer base to fuel its next phase of global expansion.
(With inputs from PTI)