Nothing raises $200 million in a Series C funding round, valuing the company at $1.3 billion

Nothing- the London-based tech company has witnessed immense growth in the past few years, especially in the Indian market, with the company showcasing fast growth in its quarterly results. Nothing CEO Carl Pei has officially announced via the platform that the company has raised $200 million in Series C funding, valuing the startup at $1.3 billion.

Today, @nothing raised $200M Series C at a $1.3B valuation.

This marks the start of our next chapter: From building the only new smartphone company of the last decade, to creating an AI-native platform where hardware & software converge.

Grateful to our community who’ve been… pic.twitter.com/RdgX7JU7Ke

— Carl Pei (@getpeid) September 16, 2025

This investment has started a new chapter for the company, transitioning from being the only new smartphone company of the last decade to creating an AI-native platform where hardware & software converge. The investment was led by Tiger Global and included participation from existing investors (GV, Highland Europe, EQT, Latitude, 12BF, and Tapestry), along with new investors like Qualcomm Ventures and Nikhil Kamath (co-founder of trading platform Zerodha)

The company is expected to soon unveil its AI-native devices like smart glasses and robots, with a personalized operating system, leveraging its existing success in smartphones, watches, and earbuds.

Other recent Nothing updates

Nothing will be launching its Nothing Ear (3) on 18th September, while the company has also teased the launch of Nothing OS 4.0. Flipkart’s Big Billion Days sale will commence from 23rd September, and recently, the deals on Nothing & CMF devices for this sale were revealed officially. In the upcoming sale, Nothing Phone (1) or Phone (2) users can get the latest Nothing Phone (3) at just Rs 34,999 as part of an exchange offer.