Nothing is launching a new $5M community investment round on December 10, giving its users the chance to purchase shares at the same $1.3B valuation set during its recent Series C.
The company has already attracted over 8,000 participants across two earlier rounds, accumulating $8M since its first community raise in 2021.
CEO and founder Carl Pei says the next wave of consumer hardware will be shaped by rapid progress in AI, and that the company intends to position itself at the center of that shift. He emphasized that the company’s community has played a major role in its journey so far, and this round allows supporters to participate directly in its next stage of growth.
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Community investors receive a rotating observer seat on the board, while additional perks have not yet been disclosed.
In September Nothing closed a $200M Series C backed by Tiger Global, GV, Highland Europe, EQT, Latitude, I2BF, and Tapestry, bringing total capital raised to $450M.
The new round comes as the company restructures to compete more aggressively in a smartphone market dominated by Apple and Samsung. The company is spinning out its CMF brand, developing new AI driven device concepts, and continuing to expand its product lineup across phones and audio. Nothing also reported more than $1B in cumulative revenue for 2025, a 150 percent jump from the previous year.
About Nothing
Nothing is a London based consumer technology company founded in 2020. Focused on expressive design and intuitive engineering, the company builds smartphones, audio products and wearables that aim to reintroduce creativity and personality into consumer tech.
