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HomeTech NewsCarl Pei's Nothing raises $50 mln, companions with Qualcomm

Carl Pei’s Nothing raises $50 mln, companions with Qualcomm

The corporate launched its first system – a clear earbud in August and offered greater than 100,000 of these within the first two months.

Know-how firm Nothing, based by OnePlus co-founder Carl Pei, on Wednesday mentioned it has raised $50 million from strategic and personal traders, and has partnered with U.S. chipmaker Qualcomm.

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The corporate launched its first system – a clear earbud in August and offered greater than 100,000 of these within the first two months.

A tie-up with Qualcomm, whose chips are current in a spread of gadgets from automobiles to telephones, would assist Nothing to construct future merchandise.

“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,” CEO Pei mentioned in an announcement.

UK-based Nothing’s backers embody GV, Tony Fadell, designer of Apple Inc’s iPod, Twitch co-founder Kevin Lin and Reddit CEO Steve Huffman. It had raised $15 million in a Sequence A spherical led by GV, previously GoogleVentures, in January.

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