London-based consumer technology company Nothing on Tuesday announced that it has raised $15 million in a Series A round led by GV (formerly Google Ventures). The venture, founded by former OnePlus co
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Newly-formed consumer technology company Nothing, a brainchild of OnePlus co-founder Carl Pei, on Tuesday announced it has raised $15 million in a Series A round led by GV (formerly Google Ventures), a venture capital investment arm of Alphabet which is the parent company of Google.
With new funds, the company aims to expand its operations in Europe with headquarters in London and release its first smart devices in the coming months, it said in a statement. We are grateful to have a venture capital firm of this calibre help in building Nothing together with us, said Pei, CEO and co-founder of Nothing.
OnePlus co-founder Carl Pei left the Chinese electronics maker in October to launch a London-based consumer technology brand named Nothing. Just weeks after announcing the startup, we.
GV, (formerly Google Ventures), the venture capital investment arm of Alphabet Inc., has led $15 million funding round in ‘Nothing’ the new venture of Carl Pei, the Swedish tech entrepreneur and co-founder of smartphone company OnePlus. With the new funding, the London-based consumer technology company plans to expand its team and operations. It would further invest in research and development, as well as launch its community and first products in the coming months. “We are grateful to have a venture capital firm of this calibre help in building Nothing together with us,” said Carl Pei, CEO and co-founder of Nothing. “We plan to aggressively grow the company, in particular, our R&D and design capabilities, to realize our mission of removing barriers between people and technology.”