Nothing - About the company
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 226 active competitors, including 21 funded and 11 that have exited. Its top competitors include companies like DailyObjects, Xiaomi and Meizu.
Sectors and market segments that Nothing operate in
Nothing serves in the Retail, Consumer Goods 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
Post Money Valuation
$1.3B as on Sep 16, 2025
Investors
Ranked
3rd among 226 active competitors
Annual Revenue
£10M - £50M as on Dec 31, 2023
Employee Count
30,097 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with Nothing
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 | £10M - £50M (As on Dec 31, 2023) | 56 (As on Dec 31, 2023) | |
ESSENTIALLY NOTHING PRIVATE LIMITED CIN: U51909HR2021PTC093743 , India, Active | Mar 16, 2021 | ₹1,000+ Cr (As on Mar 31, 2025) | 3 (As on Mar 01, 2026) |
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Nothing's funding and investors
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
Filter this listDate 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 | - | ||
Jun 28, 2023 | $96.8M | Series C | $600M | 7.9x |
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Nothing's founders and board of directors
Founder? Claim ProfileThe 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 30,097 employees as of Jun 26. Here is Nothing's employee count trend over the years:
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Nothing's Competitors and alternates
Top competitors of Nothing include DailyObjects, Xiaomi and Meizu. Here is the list of Top 10 competitors of Nothing, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | DailyObjects 2012, Gurugram (India), Series B | Retailer of lifestyle tech accessories and modular personal carry items | $14.5M | 77/100 | |
2nd | Onlien brand offering consumer electronics, home appliances, and lifestyle products | $1.45B | 77/100 | ||
3rd |  Nothing 2020, London (United Kingdom), Series C | Manufacturer of mobile phones, headphones, watches, and related accessories | $450M | 66/100 | |
4th | Online retailer of smartphones, eyewear, audio products, and related accessories | $958M | 66/100 | ||
5th | Online retailer of smartphones, tablets, accessories, and related products | $297M | 65/100 | ||
6th | Internet first brand of mobile phones | - | - | 65/100 | |
7th | Brand of smartphones | - | - | 63/100 | |
8th | Designs and builds consumer electronics and mobile tech accessories | $2.5M | 58/100 | ||
9th | Alcatel Mobile 2004, Shenzhen (China), Unfunded | Mobile phone brand | - | - | 57/100 |
10th |  Pebblecart 2013, Noida (India), Acquired | Internet first brand offering multi-category consumer electronic products | - | 56/100 |
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Nothing's Investments and acquisitions
Nothing has acquired Essential. Nothing has not made any investments as of now.Reports related to Nothing
Here is the latest report on Nothing's sector:
News related to Nothing
Filter this listMedia has covered Nothing for a total of 146 events in the last 1 year, 135 of them have been about company updates and 4 about partnerships.
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Nothing Ear (3a) Launches with LDAC Support, 12mm Drivers, and New ColorwaysNotebookcheck Publishing GmbH•Jul 07, 2026•Nothing
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Nothing ends software support for its first smartphone, Phone 1Notebookcheck Publishing GmbH•Jul 03, 2026•Nothing
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Nothing Ear 3a Earbuds and Phone 4b Set to Launch Globally and in IndiaTelecom Talk•Jul 01, 2026•Nothing
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Nothing Teases New 'B-Series' Product Lineup for India, Hinting at Affordable SmartphoneTelecom Talk•Jun 21, 2026•Nothing
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CMF by Nothing Cancels CMF Phone 3 Pro Successor Due to Soaring Component CostsLatestly•Jun 19, 2026•Nothing
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Nothing Expands US Availability by Launching Products in Best Buy StoresNotebookcheck Publishing GmbH•Jun 14, 2026•Nothing
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FAQs about Nothing
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