Nothing raised a $70 million Series B round led by EQT Ventures and C Ventures.

Nothing, a London, UK-based startup working on the development of consumer hardware products, announced securing series B round closed at $70 million.

The money was raised from investors led by EQT Ventures and C Ventures, joined by GV, Gaorong Capital, Animoca and Tony Fadell’s Future Shape.

Nothing was founded in 2020 by the Chinese-born Swedish entrepreneur Carl Pei and has been working in stealth, yet to announc what it is specifically building. In conjunction to this investment round, it announced that it works to create new product categories in partnership with Qualcomm Technologies and its Snapdragon platform and develop operations at its new London Design Hub.

Nothing previously raised $65 million, with a series A round closed in two stages in 2021 - a $15 million round and a $50 million round.