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Nothing

Consumer electronics brand building smartphones, earbuds, and AI-native devices
Nothing is a London consumer-electronics startup founded by OnePlus cofounder Carl Pei. Crunchbase's 2026 IPO forecast identifies it as a probable IPO candidate after the company discussed becoming IPO-ready over a multiyear window.
Consumer Hardware 📍 London, UK Founded 2020
Current Valuation
$1.3B
as of 2025-Q4
UNICORN

IPO Outlookrumored

Is Nothing going public in 2028?
An IPO is rumored for 2028, with nothing filed. Nothing remains private and the date is not the company's.
What is Nothing's valuation in 2026?
Nothing is valued at $1.3B as of 2025-Q4, set by its Series C / community round (Dec 2025). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Nothing filed an S-1?
No public S-1 is on file for Nothing as of 10/05/2026; the IPO is rumored.
Who are Nothing's investors?
Nothing's investors include GV, Tiger Global Management, EQT Ventures, Highland Europe, C Ventures.
How much has Nothing raised?
Nothing has raised $446M in total, most recently a Series C / community round in Dec 2025.
Is Nothing publicly traded — can you buy Nothing stock?
No. Nothing is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Nothing on its Pre-IPO Access Desk.
How to actually get exposure to Nothing →
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

CEO
Carl Pei
Founded
2020
HQ
London, UK
Employees
~1000
Total Raised
$446M
Growth
Reportedly over $1B lifetime sales and 7M+ devices sold
IPO Status
rumored

Fundraising Status

Series C / community round · 10 mo ago
rumoredTotal raised $446M

Secondary Market

Implied price / share
$2.5
Open interest
1
Secondary price return by period
Secondary market period returns3-month-28.6%6-month-28.6%1-year-28.6%All-time-28.6%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series C / community round—Dec 2025Community and venture investors—

Talent Signal

Hiring data for Nothing has not been collected yet — the monthly talent sweep hasn't reached this company. Check back soon.

Founders & Key People

Carl Pei

Investors

GV · Tiger Global Management · EQT Ventures · Highland Europe · C Ventures

Products

  • Nothing Phone
  • Nothing Ear
  • CMF by Nothing
  • AI device software

Competitors

Apple · Samsung · OnePlus · Xiaomi · Plaud
Consumer HardwarePre-IPOCrunchbase IPO Forecast
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q4. Refreshed quarterly.