Dear friends,
We‘ve passed a lot of important milestones already: launching our first product, selling 400k+ units of it, our partnership with Qualcomm, and our first retail pop-up in London, the Nothing Kiosk.
Today, I’m excited to share that we’ve reached yet another crucial milestone.
We’ve just locked $70M as part of our Series B funding, led by EQT Ventures with participation from GV, Tony Fadell’s Future Shape and Animoca Brands.
This brings our total funding raised to $144M to date. Despite the fact that all we’ve made are earphones, our investors have shown us their trust in Nothing’s vision.
And it’s not just their trust we’re thankful for. You guys broke the record by raising $1.5M in under a minute for our first community investment, and all you’d seen was that vague vision film we released last year. Thank you to everyone who invested in that first round – we couldn’t have gotten here without your support. For those who couldn’t invest last time, another opportunity is coming soon.
We now have a lot of rocket fuel to power our next steps, from scaling product development to establishing our new London Design Hub.
Speaking of next steps.
We’ve kept you in the dark for the past year about what’s really going on at Nothing. I’ve hinted before that we’re like an iceberg slowly emerging. All I can say for now is that year (1) was just a warmup. Now, everything is ready: the team, the capital, the partners and the supply chain. This year, the real work begins.
It’s finally time to tell you the truth about what we’re building at Nothing, at our upcoming event on 23 March, 14:00 GMT.
It’s been rewarding to see our vision come to life, and this latest funding is going to carry us into our next phase of growth. I’ve been a huge tech fan all my life, and I’m proud to be contributing to this industry, along with you all.
I can’t wait to see where year (2), (3), and onwards takes us.
Thanks,
Carl
