Nothing raises additional $50M and announces it is cooperating with Qualcomm Technologies to power tech ecosystem
Published: October 13, 2021 at 05:50 MDT|Updated: 13 minutes ago
LONDON, Oct. 13, 2021 /PRNewswire/ — Today, the London-based consumer tech brand makes no announcement that it is choosing the Snapdragon® platform to power future tech products and partnering with Qualcomm Technologies, Inc. to do this. Nothing has also announced that it has completed a $50 million Series A extension from strategic and private investors. This will be used for research and development in preparation for the brand’s entry into new product categories as part of its ecosystem.
Nothing raises additional $50 million and partners with Qualcomm Technologies (PRNewsfoto/Nothing)
“The successful launch of our first product, ear (1), proved that there is room for a new challenger brand to break through today’s sea of similarities. Users deserve better products that are easier to use, accessible, yet look great look.” said Carl Pei, CEO and co-founder of Nothing. “Seamless connectivity is paramount to achieving our vision of a future without barriers between people and technology. We look forward to working with Qualcomm Technologies and our strategic investors to realize the next growth phase of Nothing’s.”
“We are excited to help Nothing bring its highly anticipated ecosystem of tech products to life,” said Enrico Salvatori, senior vice president and president, Qualcomm Europe/MEA, Qualcomm Europe, Inc. “By combining the power and efficiency of Snapdragon mobile platforms with 5G connectivity across many different categories of devices, we are driving the development of innovative products designed to help consumers and deliver richer, more immersive experiences.”
Nothing launched ear (1) in August 2021 and shipped more than 100,000 units within two months. The true wireless earbuds combine sophisticated design with precise engineering and active noise cancellation for a pure sound experience. It is the first device in the company’s line of connected tech products.
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Nothing is a London-based consumer technology company building a world without barriers between people and technology. Starting with its sold-out debut product Ear (1), launched in August 2021, Nothing is committed to creating seamlessly connected products that are intuitive to use and improve people’s lives without getting in the way.
Nothing is a privately held company backed by GV (formerly Google Ventures) and other private investors including Tony Fadell (Principal at Future Shape & inventor of the iPod), Casey Neistat (YouTube personality and co-founder of Beme), Kevin Lin (Co-founder of Twitch) and Steve Huffman (Co-founder and CEO of Reddit).
Snapdragon is a trademark or registered trademark of Qualcomm Incorporated.
Snapdragon is a product of Qualcomm Technologies, Inc. and/or its subsidiaries.
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