Nothing Looks To Its Community To Raise $5M, Wants To Be ‘IPO-Ready’ In 3 Years
Nothing raises $5M in community funding as it aims to be IPO-ready in 3 years.
Matilda
Nothing Looks To Its Community To Raise $5M, Wants To Be ‘IPO-Ready’ In 3 Years
Nothing Opens $5M Community Investment Round Hardware startup Nothing is giving its users a chance to invest directly in the company as part of a new $5 million community funding round . Starting December 10, the round allows consumers to purchase shares at Nothing’s Series C valuation of $1.3 billion , giving fans a front-row seat to the company’s growth. This move reflects the startup’s unique approach to building a dedicated community while raising capital. Credits:Ivan Mehta A Growing Tradition of Community Funding Nothing has already raised $8 million from over 8,000 participants in two previous community investment rounds. The first event, held in 2021, aimed to raise $1.5 million and marked the beginning of the company’s experiments with community-backed funding. According to a spokesperson, “This isn’t about raising capital, it’s about giving our community/fans a chance to invest while we’re private and join us on the journey.” What Investors Get Beyond Shares Community investors also…
