After the success of its first product, Nothing ear (1), the company has raised $50 million and has announced its partnership with Qualcomm..
Nothing, the tech company, founded by OnePlus co-founder Carl Pei, is not unknown to many, especially those who have heard of the Nothing ear (1). Today, the company has announced that it has raised $50 million from strategic and private investors alongside announcing its partnership with American chipmaking giant Qualcomm. A source says that the company raised investments from Swedish DJs Christofer Axwell Hedfors and Sebastian Ingrosso. The company was earlier backed by GV, the venture capital investment arm of Alphabet Inc. Tony Fadell, the designer of Apple iPod, Twitch co-founder Kevin Lin and Reddit CEO Steve Huffman, also backs the company. The company revealed that the funding it received would be used for R&D so that it can make its entry to other product categories in the future.
