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The Venture Codex

Nothing

191 Portobello Rd, London, Greater London, W11 1LJ, United Kingdom

Overview

Nothing positions itself as a community-centric consumer technology brand and has repeatedly tapped crowdfunding to deepen engagement with its user base. The company just completed its third community funding round, bringing in over £5.3 million from 4,643 individual backers in under a week. These three community raises now total close to $13 million, alongside a previously announced $200 million Series C round. The latest campaign was priced at £2.7972 ($3.7236) per share and executed at a £976.56 million ($1.3 billion) pre-money valuation, mirroring the Series C terms. Nothing framed the £5.3 million tranche as part of a larger £150.24 million financing effort. By enabling retail investors to come in for as little as $50, the company aims to build a loyal base of brand advocates while retaining greater control than traditional VC routes typically allow. Its current financial posture combines substantial institutional backing with an active retail shareholder community.

Total raised
$443M
Funding rounds
7
Latest round
Crowdfunding
Latest activity
Dec 2025

Industries

  • Consumer
  • Consumer Electronics
  • Consumer Software
  • Information Technology
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Recent funding

  1. Crowdfunding

    Dec 2025

    $5M

  2. Series C

    Sep 2025

    $200M

  3. Equity

    Jun 2023

    $96M

  4. Series B

    Mar 2022

    $70M

  5. Series A

    Oct 2021

    $50M

Team