Web3 smartphone manufacturer Nothing completes $200 million Series C funding at a valuation of $1.3 billion

ChainCatcher news, Web3 smartphone manufacturer Nothing announced the completion of a $200 million Series C funding round at a valuation of $1.3 billion. The company previously partnered with Polygon to launch the blockchain phone Nothing Phone. This round of financing was led by Tiger Global, with other investors including GV, Highland Europe, EQT, Latitude, I2BF, and existing investor Tapestry.

The new round of financing brings Nothing's total funding to over $450 million. Founder Carl Pei stated, "This marks the beginning of a new chapter for us: from building the only emerging smartphone company of the past decade to creating an AI-native platform that integrates software and hardware." The company plans to launch its first AI-native devices next year.