OnePlus co-founder Carl Pei’s new venture Nothing has raised $15 million in a funding led by GV (formerly Google Ventures), taking the total external investment tally to $22 million.
The fresh capital will be used to expand the team and operations, for R&D, and product development. “We plan to aggressively grow the company, in particular, our R&D and design capabilities, to realise our mission of removing barriers between people and technology,” Pei, CEO and co-founder of Nothing, said.
Nothing is a London-based consumer technology company founded by Carl Pei and team. “Nothing’s mission is to remove barriers between people and technology to create a seamless digital future. We believe that the best technology is beautiful, yet natural and intuitive to use. When sufficiently advanced, it should fade into the background and feel like nothing, ” Pei said at Nothing’s launch.
Nothing wants to inspire people to believe in the positive potential of technology again. Expressing his belief in Pei’s ‘vision for smart devices’, Tom Hulme, General Partner at GV, said the team has high confidence that Nothing will have a meaningful impact on the consumer technology industry.
Nothing’s backers include Twitch co-founder Kevin Lin, Reddit CEO Steve Huffman, Beme co-founder and YouTube celebrity Casey Neistat, and CRED founder Kunal Shah.
The London-based firm said it would offer the general public a chance to invest in the company as part of the series A round. More details are awaited on this front.
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I am a journalist with a postgraduate degree in computer network engineering. When not reading or writing, one can find me doodling away to my heart’s content.