When was Nothing founded?

Nothing was founded in 2020 and became a unicorn in 2025.

Where is Nothing located?

Nothing is headquartered in London, United Kingdom.

Who is the current CEO of Nothing?

Carl Pei of Nothing. They have also founded 1 company and are angel investors in 5 startups, including OnePlus.

How many employees does Nothing have?

As of Mar 31, 2026, the latest employee count at Nothing is 29044.

Is Nothing a funded company?

Nothing is a funded company, having raised a total of $450M across 7 funding rounds to date. The company's 1st funding round was a $7M Seed round, raised on Dec 2020.

How much is Nothing worth?

The latest valuation of Nothing is $1.3B as of Sep 16, 2025.

When was the latest funding round of Nothing?

Nothing's latest funding was a $8M Series C round on Dec 10, 2025, with participation from 0 investor.

What is the annual revenue of Nothing?

Annual revenue of Nothing is £49.6M as on Dec 31, 2023.

Is Nothing a Consumer Electronics E-Commerce company?

The primary sectors of Nothing are Consumer Electronics E-Commerce and Audio Tech.

Where does Nothing rank among its competitors?

Nothing ranks 2nd amongst 184 active competitors, of which 13 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Nothing, which secured $8M in Dec, 2025.

Who are the top competitors of Nothing?

Nothing's top competitors include Xiaomi, Meizu and Nubia. Among them, Nothing secured the most recent funding round in December, 2025.

Nothing - 2026 Company Profile, Team, Funding, Competitors & Financials

Nothing is a series C company based in London (United Kingdom), founded in 2020 by Carl Pei, Akis Evangelidis, David Sanmartin Garcia, Steven Gao and Levi Li. It operates as a Manufacturer of mobile phones, headphones, watches, and related accessories. Nothing has raised $450M in funding from investors like Google Ventures, Tiger Global Management and Highland Europe, with a current valuation of $1.3B. The company has 184 active competitors, including 13 funded and 12 that have exited. Its top competitors include companies like Xiaomi, Meizu and Nubia.

Sectors and market segments that Nothing operate in

Nothing serves in the Retail, High Tech market segments.The primary business model of Nothing are:

Company Details

Manufacturer of mobile phones, headphones, watches, and related accessories. It offers a range of phone models, including standard and lite versions. The company also provides various audio products, such as headphones and earbuds. Additionally, it manufactures smartwatches with related accessories.

Website: nothing.tech
Social
Email ID: *****@nothing.tech
Phone Number: +44 **********

Key Metrics

Founded Year

2020

Location

London, United Kingdom

Stage

Series C

Total Funding

$450M in 7 rounds

Latest Funding Round

Series C, Dec 10, 2025, $8M

Post Money Valuation

$1.3B as on Sep 16, 2025

Investors

Google Ventures & 32 more

Ranked

2^nd among 184 active competitors

Annual Revenue

£49.6M as on Dec 31, 2023

Employee Count

29,044 as on Mar 31, 2026

Investment & Acquisitions

Essential

Similar Companies

Qubo & 269 more

View Nothing's full profile

Nothing is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Nothing Technology Limited CIN: 12984564 , United Kingdom, Active	Oct 29, 2020	$61.7M (As on Dec 31, 2023)	56 (As on Dec 31, 2023)
ESSENTIALLY NOTHING PRIVATE LIMITED CIN: U51909HR2021PTC093743 , India, Active	Mar 16, 2021	$424M (As on Mar 31, 2025)	94 (As on Jun 01, 2025)

Nothing has raised a total funding of $450M over 7 rounds. Its first funding round was on Dec 2020. Nothing has 20 institutional investors and 13 angel investors.

Here is the list of recent funding rounds of Nothing:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 10, 2025	$8M	Series C	-	-	-	-
Sep 15, 2025	$200M	Series C	$1.3B	17.8x	Tiger Global Management	Google Ventures, Highland Europe, Latitude, I2BF Global Ventures, Tapestry, Qualcomm Ventures, Nikhil Kamath, EQT
Jun 28, 2023	$96.8M	Series C	$600M	8.0x	Highland Europe	Google Ventures, C Capital, SWEDISH HOUSE MAFIA, EQT

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View details of Nothing's funding rounds and investors

The founders of Nothing are Carl Pei, Akis Evangelidis, David Sanmartin Garcia, Steven Gao and Levi Li. Carl Pei is the CEO of Nothing.

Here are the details of Nothing's key team members:

Carl Pei: Co-Founder & CEO of Nothing and founder of 1 other company. They are also an angel investor in 5 startups.
Contact Info: 1 email address
Akis Evangelidis: Co-Founder & President of Nothing.
Contact Info: 1 email address
David Sanmartin Garcia: Co-founder of Nothing.
Steven Gao: Co-Founder of Nothing.
Contact Info: 1 email address
Levi Li: Co-Founder of Nothing.

View details of Nothing's Founder profiles and Board Members

Nothing's employee count trend

Nothing has 29,044 employees as of Mar 26. Here is Nothing's employee count trend over the years:

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Top competitors of Nothing include Xiaomi, Meizu and Nubia. Here is the list of Top 10 competitors of Nothing, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Xiaomi 2010, Beijing (China), Public	Onlien brand offering consumer electronics, home appliances, and lifestyle products	$1.45B	Morningside, DST Global & 33 others	77/100
2nd	Nothing 2020, London (United Kingdom), Series C	Manufacturer of mobile phones, headphones, watches, and related accessories	$450M	Future Shape, Tiger Global Management & 31 others	66/100
3rd	Meizu 2003, Zhuhai (China), Acquired	Online retailer of smartphones, eyewear, audio products, and related accessories	$958M	Alibaba Group, Zhizhuo Capital & 1 others	66/100
4th	Nubia 2012, Shenzhen (China), Late Stage	Online retailer of smartphones, tablets, accessories, and related products	$297M	Suning.com	65/100
5th	Realme 2018, Gurugram (India), Unfunded	Internet first brand of mobile phones	-	-	65/100
6th	Qubo 2018, Delhi (India), Funding Raised	Online platform offering a wide range of consumer electronics	-	Hero Electronix	64/100
7th	Portronics 2008, Delhi (India), Unfunded	Internet first brand offering multi-category electronic products	-	-	58/100
8th	Pebblecart 2013, Noida (India), Acquired	Internet first brand offering multi-category consumer electronic products	-	ACE Ventures, Montage Ventures	53/100
9th	Nuheara 2015, Perth (Australia), Public	Internet first brand offering noise cancellation earbuds	-	The Lind Partners, Canaccord Genuity Group	52/100
10th	Nu Republic 2018, Gurugram (India), Seed	Online retailer of wireless earbuds, headphones, speakers, and mobile accessories	$1.36M	Vc One Ventures, Salarpuria Group & 32 others	52/100