OnePlus co-founder Carl Pei’s Nothing raises $15 mn in Alphabet-led funding

Newly-formed consumer technology company Nothing, a brainchild of OnePlus co-founder Carl Pei, on Tuesday announced it has raised $15 million in a Series A round led by GV (formerly Google Ventures), a venture capital investment arm of Alphabet which is the parent company of Google.

With new funds, the company aims to expand its operations in Europe with headquarters in London and release its first smart devices in the coming months, it said in a statement.

"We are grateful to have a venture capital firm of this calibre help in building Nothing together with us," said Pei, CEO and co-founder of Nothing.