Carl Pei’s Nothing raises $50 mn, announces partnership with Qualcomm

London-based consumer technology brand Nothing on Wednesday announced that it has raised $50 million from strategic and private investors, and collaborated with chip-maker Qualcomm to power its upcoming products.

A brainchild of OnePlus co-founder Carl Pei, Nothing launched its first product, ‘ear (1)’ TWS earbuds, for Rs 5,999 in August and within two months, it shipped over 100,000 units.

“The successful launch of our first product, ear (1), proved that there is room for a new challenger brand to emerge and disrupt today’s sea of sameness. Users deserve better products that are simpler to use, accessible, yet look amazing,” said Pei, CEO and Co-founder of Nothing.