Carl Pei's Nothing is raising $200 million in a Series C round from Tiger Global at a $1.3 billion valuation.

TechCrunch (TC) is a leading technology news and media site that covers the latest trends, startups, and innovations in the tech industry. With breaking news,  analysis, and expert commentary, TechCrunch provides  insights into the world of technology and entrepreneurship. Developers can learn about emerging technologies, funding opportunities, and market trends by following TechCrunch's coverage of the tech industry.

TechCrunch

Nothing, the smartphone startup founded by former OnePlus co-founder Carl Pei, raised $200 million in Series C funding led by Tiger Global, reaching a $1.3 billion valuation. The company plans to launch an AI-first device next year and is developing an operating system with AI and personalization features. Nothing has achieved over $1 billion in total sales and is targeting next-generation consumers interested in design and technology alternatives to established brands.

Nothing closes $200M Series C led by Tiger Global, plans AI-first device launch

Join 10k+ tech and VC leaders for growth and connections at Disrupt 2025