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Nothing Funding Rounds & Valuation History (2021–2025)

Private Valuation & Funding Round Tracker · Nothing

Nothing funding rounds & valuation history

Nothing, the London consumer-electronics company founded by OnePlus co-founder Carl Pei. Funding from the Series A (Feb 2021) to the Series C (Sep 2025), sourced to TechCrunch and Highland Europe.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 5 Currency: US$, nominal
⬇ Download CSV Cite this dataset Methodology & status definitions
Last closed round Closed
$1.3B
$200M Series C, Sep 2025
Raised in rounds listed
$431M
Sum of 5 closed rounds with a disclosed amount (GNF calc.)
Largest round
$200M
Series C, Sep 2025
Closed rounds listed
5
Feb 2021 to Sep 2025

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Showing 5 of 5 rows
Nothing funding rounds, Feb 2021 to Sep 2025
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
Closed round
Series C
$200M
Tiger GlobalWith: GV, Highland Europe, EQT, Latitude, I2BF, Tapestry (existing); Nikhil Kamath, Qualcomm Ventures (new)
$1.3BValuation as announced (TechCrunch); pre- or post-money not stated
—Not disclosedNo run-rate stated in the announcement
TechCrunch, 16 Sep 2025
Closed round
Funding round (2023)
$96M
Highland EuropeWith: GV, EQT Ventures, C Capital (existing), Swedish House Mafia
Not disclosedNothing did not disclose a valuation (TechCrunch)
—Not disclosedNo run-rate stated in the announcement
TechCrunch, 28 Jun 2023Also: Highland Europe, 28 Jun 2023
Closed round
Series B
$70M
EQT Ventures, C Ventures
Not disclosedNo company valuation stated by the source
—Not disclosedNo run-rate stated in the announcement
TechCrunch, 9 Mar 2022
Closed round
Series A extensionInvestors not named. Announced alongside a Qualcomm partnership.
$50M
—Not disclosed
Not disclosedNo company valuation stated by the source
—Not disclosedNo run-rate stated in the announcement
TechCrunch, 13 Oct 2021
Closed round
Series A
$15M
GVWith: Tony Fadell, Casey Neistat, Kevin Lin, Steve Huffman and other angels
Not disclosedNo company valuation stated by the source
—Not disclosedNo run-rate stated in the announcement
TechCrunch, 13 Oct 2021
Step-up = valuation ÷ the prior closed valuation (GNF calc.), shown only where both figures were stated or reported and neither is a lower bound.

Amount raised in each closed round

Amounts raised, not valuations: fewer than two closed rounds have a disclosed valuation.

Sources: TechCrunch, Highland Europe. US$ billions, linear scale.

Timeline

Each round and share sale, oldest first.

  1. Feb 2021 · Closed

    Series A: $15M led by GV.

  2. 13 Oct 2021 · Closed

    Series A extension: $50M.

  3. 9 Mar 2022 · Closed

    Series B: $70M led by EQT Ventures, C Ventures.

  4. 28 Jun 2023 · Closed

    Funding round (2023): $96M led by Highland Europe.

  5. 16 Sep 2025 · Closed

    Series C: $200M at $1.3B led by Tiger Global.

Still private: Nothing has not filed for an IPO and has no listed parent (checked 13 Nov 2026). Only the 2025 Series C has a disclosed valuation, so the chart shows amounts raised.

Cite this dataset

Free to quote with a link back. Copy this citation:

Nothing Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/nothing/

Download the data

The same 5 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File
nothing-rounds.csv (UTF-8, comma-separated)
Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/nothing-rounds.csv
Columns
id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated
(IST)
⬇ Download CSV

Methodology & status definitions

How each row is labelled and calculated.

Closed round

A primary round announced by the company or confirmed in the press, bringing new money to the company.

Valuation ÷ run-rate

Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.

What is not a separate row

The December 2020 seed (reported at $7M by trade press only); community crowdfunding rounds (about $11.5M in total per TechCrunch); debt.

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

  • : Dataset first compiled (batch 4, not yet published).

Sources

  1. TechCrunch: Nothing closes $200M Series C led by Tiger Global, plans AI-first device launch, 16 Sep 2025
  2. TechCrunch: Carl Pei’s Nothing raises something — $96M — ahead of the launch of its Phone (2), 28 Jun 2023
  3. Highland Europe: Nothing Closes $96M Financing Round to Scale Product and Technology Portfolio, 28 Jun 2023
  4. TechCrunch: Money for Nothing and chips from a Series B, 9 Mar 2022
  5. TechCrunch: Nothing raises another $50M, 13 Oct 2021