$1.3B Unicorn: Nothing Plans AI Devices Beyond Phones, 8 Points

London

🚀 Nothing Becomes Unicorn at $1.3 Bn Valuation, Raises $200 Mn for AI-Native Devices

Key Highlights in Points

1. Unicorn Status Achieved

   • Nothing has officially entered the Unicorn Club.

   • Valuation: $1.3 billion after Series C funding.

2. Series C Funding Round

   • Amount Raised: $200 million.

   • Key Investors:

     • Zerodha founder Nikhil Kamath (new investor).

     • Qualcomm Ventures.

     • Existing global investors.

   • Past Funding: In 2021, Nothing raised $50 million with contributions from Indian investors.

3. Financial Growth

   • Revenue Milestone (2025): Crossed $1 billion in total sales.

   • Growth Rate: +150% YoY in 2024.

   • Millions of devices shipped globally in just 4 years of operations.

4. AI-Native Product Vision

   • Funding to accelerate AI-native innovation.

   • Not limited to smartphones – hardware + software converging into one intelligent system.

   • First AI-native devices expected in 2026.

5. Beyond Smartphones

   • Current products: Smartphones, audio devices, wearables.

   • Future roadmap: Smart glasses, humanoid robots, EVs, and more.

   • CEO Carl Pei: “We’ll all carry an additional AI device as important as the smartphone.”

6. Consumer Hardware Edge

   • Ability to launch new products within months.

   • Global scale: Ship & service products worldwide.

   • User co-creation community adds innovation advantage.

7. Smartphone vs AI Era

   • Pei argues smartphones haven’t evolved much in AI usage.

   • Existing AI integrations limited to photo editing, translations, weak assistants.

   • Nothing’s AI-native devices aim to create hyper-personalised operating systems:

     • Adaptive interfaces.

     • Context-aware suggestions.

     • Agents executing user’s intent automatically.

8. The Big Bet

   • Nothing wants to build “a billion OS for a billion people”.

   • Smartphones remain key, but AI-native devices will act as complementary companions.

Here’s a comparative funding–growth snapshot table for Nothing

📊 Nothing: Funding & Growth Snapshot

⚡ This table highlights Nothing’s journey from a $50M raise to $200M funding & $1.3B valuation, paired with 1B+ sales and 150% growth

💡 Investor Takeaway – Nothing’s $1.3B Unicorn Leap

1. Unicorn Milestone Achieved – Nothing now valued at $1.3 billion, backed by $200M Series C funding.

2. Revenue Momentum – Crossed $1B in sales (2025) with 150% YoY growth in 2024, showing strong scaling ability.

3. AI-Native Future – Funds to power AI-native devices beyond smartphones, first launch expected in 2026.

4. Global Edge – Ability to launch products within months, with worldwide go-to-market & community-driven innovation.

📌 Why it matters: Nothing is positioning itself as a challenger in consumer AI hardware, bridging smartphones, wearables, and future devices like smart glasses, humanoid robots & EVs.

🛑 Disclaimer (The Profit India)

This article is for informational purposes only and based on publicly available data, company press releases, and investor reports. The Profit India does not provide investment, financial, or legal advice. Readers are advised to conduct independent research or consult financial experts before making investment decisions.