OnePlus co-founder Carl Pei’s startup Nothing raises $15 million in Series A funding

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Nothing

OnePlus co founder Carl Pei’s new London-based consumer tech startup ‘Nothing‘ has been sponsored by Google Ventures (GV), the endeavor arm of Google’s parent organization Alphabet. Nothing has brought $15 million up in a Series A round drove by GV. The gathering pledges takes the aggregate sum of financing Nothing has raised to more than $22 million.

Already, the startup raised $7 million seed financing from tech heads and financial backers including Casey Neistat (YouTube character and fellow benefactor of Beme), Kevin Lin (prime supporter of Twitch) and Steve Huffman (fellow benefactor and CEO of Reddit), and India’s Kunal Shah.

Investment Plans of Nothing

Nothing intends to put these assets in three significant territories. To start with, The organization needs to extend its tasks in Europe.

Second, Nothing has plans to put significant pieces of assets in the Research and Development of brilliant gadgets. Third, the organization needs to recruit great fashioners and pioneers to begin its procedure on a positive note.

In December, when Carl Pei shared the possibility of another startup with his loved ones, he raised $7 million from them. It was the seed subsidizing round of Nothing.

Nothing

iPod originator Tony Fadell and other huge industry names like Youtuber Casey Neistat, Twitch fellow benefactor Kevin Lin, and Reddit CEO Steve Huffman upheld him in that nearby gathering financing round.

Pei also raised an undisclosed measure of financing from Cred Founder Kunal Shah.

When Nothing Is Launching their First Product?

London based New Venture Nothing has brought loads of fervor among keen electronic gadgets clients and retailers. Everybody is interested to realize when Nothing will carry its first item to the market. Individuals additionally need to think about the kind of first item.

Pei said that the organization has an arrangement to produce savvy gadgets that can interface with one another.

Carl further uncovered that the organization needs to begin the excursion with the more straightforward item, Wireless Earbud. We will have numerous items dispatch this year. Bloomberg shared this select news on its site.

Nothing will have intense rivalry with set up buyer items organizations like Apple, Samsung, Sony, and Xiaomi. Since One Plus delivered remote earbuds a year ago, so Pei will likewise be having his helped to establish organization One Plus as its rival.

Subsequent to working in One Plus for almost 7 years, Pei left One Plus in October 2020 to begin another endeavor.

Some media entries distributed information on a crack among Pei and another fellow benefactor of One Plus. Pei denied those reports and further said that it was his autonomous choice with no misconception with his associate and prime supporter of One or more. He also said that he is as yet in contact with Pete Lau, the CEO, and fellow benefactor of leader executioner One Plus smartphones.

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