Home United States USA — IT Nothing raises $96 million in latest funding ahead of Phone (2) launch,...

Nothing raises $96 million in latest funding ahead of Phone (2) launch, Swedish House Mafia among investors

76
0
SHARE

With the latest round of funding, Nothing now stands at a total of $250 million.
Nothing announced a new round of funding ahead of the Phone (2) launch.
The latest brings the startup’s total funds to $250 million. 
It will be used to expand Nothing’s presence in the US where it is going to launch the Phone (2). 
Carl Pei’s startup Nothing raised $96 million in a new round of funding as it prepares to launch its second smartphone, the Phone (2). The latest round of funding was led by European venture capital firm Highland Europe along with existing investors — GV, EQT Ventures, C Capital, and Swedish House Mafia as well. This brings the total funding for Nothing to $250 million. 
Swedish DJ trio Swedish House Mafia recently collaborated with the brand, customising a Glyph composer that’ll allow users to make their own ringtones on Nothing Phone (1) and Phone (2). Nothing US expansion
With the latest funding, Nothing will use it to expand the brand’s presence in the US market.

Continue reading...