{"id":11568,"date":"2025-12-03T13:50:05","date_gmt":"2025-12-03T13:50:05","guid":{"rendered":"https:\/\/jobuzo.com\/en\/nothing-looks-to-its-community-to-raise-5m-wants-to-be-ipo-ready-in-3-years\/"},"modified":"2025-12-03T13:50:05","modified_gmt":"2025-12-03T13:50:05","slug":"nothing-looks-to-its-community-to-raise-5m-wants-to-be-ipo-ready-in-3-years","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/nothing-looks-to-its-community-to-raise-5m-wants-to-be-ipo-ready-in-3-years\/","title":{"rendered":"Nothing looks to its community to raise $5M, wants to be \u2018IPO-ready\u2019 in 3 years"},"content":{"rendered":"<div>\n<div><\/div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Hardware maker Nothing is letting its user base buy its stock as part of a new community investment round of $5 million. The new round, which opens on December 10, will enable consumers to buy the company&rsquo;s shares at its Series C valuation of $1.3 billion.<\/p>\n<p class=\"wp-block-paragraph\">The company said it has so far raised $8 million in total from over 8,000 people across two previous community investment rounds. It held its first community funding event in 2021, aiming to raise $1.5 million. <\/p>\n<p class=\"wp-block-paragraph\">&ldquo;This isn&rsquo;t about raising capital, it&rsquo;s about giving our community\/fans a chance to invest while we&rsquo;re private and join us on the journey,&rdquo; a spokesperson for Nothing told TechCrunch.<\/p>\n<p class=\"wp-block-paragraph\">Community investors have a rotating seat on the company&rsquo;s board, but it is unclear what else they get for investing in the company through such rounds.<\/p>\n<p class=\"wp-block-paragraph\">Nothing raised $200 million in its Series C back in September from investors including Tiger Global, GV, Highland Europe, EQT, Latitude, I2BF and Tapestry. The company has raised $450 million to date.<\/p>\n<p class=\"wp-block-paragraph\">The community round comes as Nothing makes changes to its corporate structure as it tries to increase its share of a smartphone market dominated by giants like Samsung and Apple. The company is spinning off its budget CMF brand, and plans to explore AI-centric devices while it keeps building smartphones and audio products. And Nothing claims it crossed $1 billion in cumulative revenue this year, up 150% from 2024. <\/p>\n<div class=\"internal-linking-related-contents\"><a href=\"https:\/\/jobuzo.com\/en\/12-weeks-jail-for-school-it-support-technician-who-took-upskirt-videos-of-teachers\/\" class=\"template-1\"><span class=\"cta\">News :<\/span><span class=\"postTitle\">&lt;div&gt;12 weeks' jail for school IT support technician who took upskirt videos of teachers&lt;\/div&gt;<\/span><\/a><\/div><p class=\"wp-block-paragraph\">The startup is working to be &ldquo;IPO-ready&rdquo; in three years, CEO Carl Pei told TechCrunch in an email. &ldquo;The timing will depend on market conditions and what makes sense for the business at that point in time,&rdquo; he said. <\/p>\n<div class=\"wp-block-techcrunch-inline-cta\">\n<div class=\"inline-cta__wrapper\" readability=\"5.3\">\n<p>Techcrunch event<\/p>\n<div class=\"inline-cta__content\" readability=\"24.75\">\n<p>\n\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__location\">San Francisco<\/span><br>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__separator\">|<\/span><br>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__date\">October 13-15, 2026<\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">&ldquo;What&rsquo;s important is that we&rsquo;re already operating with that discipline now. We&rsquo;re building the systems, the governance, the financial discipline that a public company needs. It forces us to think longer-term and make smarter decisions that prioritise sustainable growth,&rdquo; Pei added.<\/p>\n<p class=\"wp-block-paragraph\">It&rsquo;s not clear if Nothing aims to raise another round before an IPO. When asked about its fundraising plans, a Nothing spokesperson said the company is not thinking about raising capital immediately, but it wouldn&rsquo;t be averse to those conversations.<\/p>\n<p class=\"wp-block-paragraph\">Those interested in investing in the community round can use platforms like Wefunder and&nbsp;Crowdcube to participate.<\/p>\n<\/div>\n<div class=\"internal-linking-related-contents\"><a href=\"https:\/\/jobuzo.com\/en\/migrant-acquitted-in-first-trial-over-us-border-military-zones\/\" class=\"template-1\"><span class=\"cta\">News :<\/span><span class=\"postTitle\">Migrant acquitted in first trial over US border military zones<\/span><\/a><\/div><p><sub>Nothing looks to its community to raise $5M, wants to be &lsquo;IPO-ready&rsquo; in 3 years<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hardware maker Nothing is letting its user base buy its stock as part of a new community investment round of $5 million. The new round, which opens on December 10, will enable consumers to buy the company&rsquo;s shares at its Series C valuation of $1.3 billion. The company said it has so far raised $8&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/jobuzo.com\/en\/nothing-looks-to-its-community-to-raise-5m-wants-to-be-ipo-ready-in-3-years\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Nothing looks to its community to raise $5M, wants to be \u2018IPO-ready\u2019 in 3 years&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":11569,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11568","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/11568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=11568"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/11568\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/11569"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=11568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=11568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=11568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}