Today Nothing held their 2022 keynote event which they shared their next steps in the industry after their first product the Nothing ear 1. Their next device will be the Nothing Phone 1 which will be their first smartphone since the launched the company.
Having raised $144M, built a team of over 300 people and secured support from trusted partners like Qualcomm Technologies, Inc, we are ready for phone (1) to mark the start of change for the sleepy smartphone market.
Carl Pei, CEO and Co-founder
The phone is expected to hit the shelves this summer with a new operating system that as per Carl Pei will be fast and smooth. The operating system will sit on top of Android but will have less bloatware than we are used to. Back to the phone, the Nothing phone 1 will be powered by the Qualcomm mobile platform and will come with a not boring design as per the company.
They also announced the Nothing launcher availability from April 2022. The company also announced a $10M allocation for an upcoming equity-based community investment round at the same valuation as its Series B fundraise co-led by EQT Ventures and C Ventures. This follows Nothing’s first community round which raised $1.5M in a record-beating 54 seconds last March. Pre-registrations for early access are now open, and the investment round will go live on 5 April. You can check more about the investment on Nothing’s website.
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