📝 Nothing raising $5M

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Nothing is opening a new $5 million community investment round on December 10, allowing its users to buy shares at its recent $1.3 billion Series C valuation — a move the company says is less about raising capital and more about letting fans invest while it’s still private. The hardware maker has already raised $8 million from 8,000 community investors across two prior rounds, while its September Series C brought in $200 million from major VCs, contributing to a total of $450 million raised to date. As Nothing restructures — spinning off its budget CMF brand and exploring AI-focused devices — it claims to have surpassed $1 billion in cumulative revenue this year, up 150% from 2024, and says it is building the governance and financial discipline needed to be “IPO-ready” within about three years. Interested users will be able to join the round through platforms like Wefunder and Crowdcube.

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