Funding round
Nothing Seed
Nothing, which works in consumer electronics retail in London, raised $7.0M in a Seed round announced on 1 Dec 2020. It is Nothing's first venture round on record.
$7.0M
Amount raised
Not disclosed
Post-money valuation
Valuation
What this round says about the price
Nothing did not disclose a valuation in this round. It is Nothing's first venture round on record, in the year it was founded (2020). It is 1.7% of the $423M Nothing has raised in the venture rounds on record. Nothing raised again 10 months later: a Series A round of $50M in Oct 2021. Its next priced round, a Series C in Sep 2025, valued it at $1.30B.
Nothing's funding rounds
Nothing has 5 venture rounds on record and 1 other deal. This one is highlighted.
Investors
Who put money in
0 firms took part; no lead investor was named.
Individual investors: Tony Fadell, Steve Huffman and Kevin Lin.
Comparable rounds
How it compares
The closest in time: 1 in Consumer Electronics Company, then Seed rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Consumer Electronics Company | 1 Sep 2020 | $8.3M | not disclosed | not named |
| Loans & Financing | 8 Dec 2020 | $49M | not disclosed | Fuel Ventures |
| Tech Companies | 8 Dec 2020 | $12M | not disclosed | Lightspeed |
| Building Material Manufacturers | 14 Dec 2020 | $12M | not disclosed | Foundamental |
| Pharmaceutical Products | 7 Dec 2020 | $12M | not disclosed | Khosla Ventures |
| Digital & Marketing Agencies | 7 Dec 2020 | $11M | not disclosed | EQT Ventures |
| Wonder Food delivery | 7 Dec 2020 | $11M | not disclosed | EQT Ventures |
| Solar Energy Company | 15 Dec 2020 | $9.6M | not disclosed | not named |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Nothing raise in its Seed round?
Nothing raised $7.0M in its Seed round, announced in Dec 2020.
What was Nothing's valuation at the Seed round?
It was not disclosed.
Did Nothing raise again after this round?
Yes: a Series A round in Oct 2021 of $50M.