Nothing closes $200M Series C led by Tiger Global, plans AI-first device launch
Smartphone startup Nothing is making big moves in the tech world. Nothing closes $200M Series C led by Tiger Global, plans AI-first device launch as it positions itself as a major player in the AI-powered hardware race. This fresh round pushes the company’s valuation to $1.3 billion, highlighting strong investor confidence in its AI-driven future.
Image Credits:Nothing
Tiger Global leads the funding surge
Tiger Global took the lead in Nothing’s Series C, with participation from existing backers like GV, Highland Europe, EQT, Latitude, I2BF, and Tapestry. Strategic investors including Qualcomm Ventures and entrepreneur Nikhil Kamath also joined, signaling broad industry support. With this, Nothing’s total funding now exceeds $450 million.
Carl Pei’s AI-first vision
Founded by Carl Pei, the former co-founder of OnePlus, Nothing has built a reputation for sleek, innovative hardware. Now, the company is shifting gears toward AI-first devices. Pei’s vision is to merge cutting-edge design with AI-native experiences, offering users smarter, more adaptive technology that goes beyond traditional smartphones.
Why AI-first devices matter
Matt Watcher, partner at Tiger Global, praised the startup’s approach, saying that “Carl and the team at Nothing are reimagining hardware and software with an AI overlay to position their products for the next era of personal technology.” The emphasis on AI-first device launch shows Nothing’s intent to build gadgets that are deeply integrated with artificial intelligence, from user interfaces to performance optimization.
Community-driven growth continues
Nothing also revealed plans to launch another community funding round soon. Previous community rounds raised $11.5 million, giving fans and early adopters a chance to own a piece of the brand. This grassroots approach has been central to Nothing’s growth strategy, building a loyal following while raising capital.
What’s next for Nothing
With $200 million in new funding and a strong AI-first roadmap, Nothing is set to expand its portfolio and challenge incumbents in the smartphone and consumer tech space. The upcoming AI-first device launch could redefine how users interact with personal technology, blending sleek design with adaptive intelligence.
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