Nothing (technology company)

From Bharatpedia, an open encyclopedia


Nothing Technology Limited
IndustryConsumer electronics
Founder(s)s
HeadquartersLondon, England, UK
Area served
Worldwide
ProductsSmartphones, earphones
Websitewww.nothing.tech

Nothing Technology Limited (stylised as NOTHING) is a consumer technology company based in London, England.[1] It was founded by Carl Pei, the co-founder of OnePlus. The company has gathered a number of well known investors, such as iPod inventor Tony Fadell, Twitch co-founder Kevin Lin, Reddit CEO Steve Huffman, and YouTuber Casey Neistat.[2] On February 25, 2021, the company announced Teenage Engineering as founding partners, mainly responsible for the brand's design aesthetic and its products. Nothing's first product "ear (1)" was launched on July 27, 2021.

History[edit]

In 2020, Carl Pei, the co-founder of OnePlus, was working with the company alongside Pete Lau. Pei announced his resignation on October 16, 2020, so that he could start a new venture.[3] Pei later raised up to $7 million from multiple investors to start up his venture including iPod inventor Tony Fadell, Twitch co-founder Kevin Lin, Reddit CEO Steve Huffman, and YouTuber Casey Neistat.[4]

Pei announced the company, Nothing, on January 27, 2021.[5]

On February 15, 2021, Nothing acquired the Essential Products trademarks and brand nearly a year after the company shut down operations.[6][7]

On February 25, 2021, the company announced its first founding partner, Teenage Engineering, to produce the design aesthetic of the brand and its products.[8]

Nothing announced its first product on July 27, 2021, named the "ear (1)", which are wireless headphones.[9]

On October 13, 2021, the company raised up to $50 million and also announced a partnership with Qualcomm.[10]

On March 9, 2022, the same day that Nothing secured Series B financing, the company announced that it would hold a press conference on March 23.[11][12] During that event, the company announced its first smartphone, the "phone (1)".[13][14]

Investment[edit]

Investment rounds
Funding series Number of investors Money raised (million) Date
Seed round 7 $7 Dec 9, 2020
Series A 1 $15 Feb 9, 2021
Equity crowdfunding 1 $1.3 Feb 25, 2021
Series A 7 $48.5 Oct 13, 2021
Series B 6 $70 Mar 9, 2022

Products[edit]

Ear (1)[edit]

The Nothing ear (1).

The Nothing Ear 1, stylised as the "ear (1)", is Nothing's first product. Announced on July 27, 2021, the Ear 1 is a set of wireless earbuds. The earbuds can be connected by Bluetooth and have up to 34 hours of battery life when used with the charging case, and up to 5.7 hours of battery life with ANC off; with 24 hours with the case used and up to four hours for the earbuds themselves with ANC on. The earbuds went on sale on August 17, 2021, at $99/£99/€99.[15][16]

A Black version was also announced on December 6, 2021, and went on sale on December 13. Nothing also announced on that day that the Ear 1 earbuds are now carbon neutral.[17]

Phone (1)[edit]

Main article: Nothing Phone 1

On March 23, 2022, Nothing announced its first smartphone named the "Phone (1)".[18] The phone will run on an Android-based operating system named Nothing OS with an anticipated release date of Summer 2022.[18]

Nothing will release Nothing OS, which unlike the name suggests is not an operating system but a custom skin on top of Android, on their upcoming Nothing Phone 1.[13][14]

In June 2022, Nothing opened an invite-only pre order for the "Phone (1)", which reached up to 100,000 registrations on the waiting list.[19] The device, which is set to be unveiled on July 12 in London, will feature a Qualcomm Snapdragon 778G+ chipset and transparent design.[20]

References[edit]

  1. ↑ https://www.standard.co.uk/insider/nothing-london-startup-apple-cheaper-handset-rival-iphone-b1011460.html
  2. ↑ "Nothing phone quirky design aims to light up market". July 12, 2022 – via www.bbc.co.uk.
  3. ↑ Singh, Manish (October 16, 2022). "OnePlus co-founder Carl Pei confirms he has left the company". TechCrunch. Yahoo. Archived from the original on March 23, 2022. Retrieved March 23, 2022.
  4. ↑ Singh, Manish (December 9, 2022). "OnePlus co-founder Carl Pei raises $7 million for his new venture". TechCrunch. Yahoo. Archived from the original on March 23, 2022. Retrieved March 23, 2022.
  5. ↑ Porter, Jon (2021-01-27). "OnePlus co-founder Carl Pei's next company is literally called Nothing". The Verge. Archived from the original on 2021-06-08. Retrieved 2021-06-08.
  6. ↑ Wilde, Damien (February 15, 2022). "Essential is now officially owned by Carl Pei's Nothing Technologies". 9To5Google. Archived from the original on March 23, 2022. Retrieved March 23, 2022.
  7. ↑ Seifert, Dan (February 15, 2022). "Nothing company now owns the Essential brand, for some reason". The Verge. Vox Media. Archived from the original on March 23, 2022. Retrieved March 23, 2022.
  8. ↑ Porter, Jon (2021-02-24). "Nothing taps Teenage Engineering to design upcoming products". The Verge. Archived from the original on 2021-06-29. Retrieved 2021-06-08.
  9. ↑ "Nothing launches its Ear 1 wireless earbuds with a transparent design". xda-developers. 2021-07-27. Archived from the original on 2021-07-31. Retrieved 2021-07-31.
  10. ↑ "Carl Pei's Nothing raises $50 mln, partners with Qualcomm". Reuters. October 13, 2021. Archived from the original on 2022-03-25. Retrieved 2022-03-26.
  11. ↑ "Nothing locks $70M Series B financing, and announces 23 March event" (Press release). Nothing Technology Limited. March 9, 2022. Archived from the original on March 13, 2022. Retrieved March 26, 2022.
  12. ↑ Heater, Brian (March 9, 2022). "Money for Nothing and chips from a Series B". TechCrunch. Yahoo. Archived from the original on March 25, 2022. Retrieved March 26, 2022.
  13. ↑ 13.0 13.1 "Nothing phone (1) Coming Summer 2022" (Press release). Nothing Technology Limited. March 23, 2022. Archived from the original on March 24, 2022. Retrieved March 26, 2022.
  14. ↑ 14.0 14.1 Brown, C. Scott (March 23, 2022). "Nothing Phone 1 is company's first phone, landing with Android-based Nothing OS". Android Authority. Archived from the original on March 25, 2022. Retrieved March 26, 2022.
  15. ↑ Jon, Porter (July 27, 2022). "Nothing officially reveals its $99 Ear (1) true wireless earbuds". The Verge. Vox Media. Archived from the original on March 24, 2022. Retrieved March 24, 2022.
  16. ↑ "Here Comes a Sound of Change - Nothing ear (1)" (Press release). Nothing Technology Company. August 2, 2021. Archived from the original on November 21, 2021. Retrieved March 24, 2022.
  17. ↑ "Nothing Announces ear (1) Carbon Neutrality and a New Black Edition" (Press release). Nothing Technology Company. December 6, 2021. Archived from the original on March 26, 2022. Retrieved March 24, 2022.
  18. ↑ 18.0 18.1 Porter, Jon (March 23, 2022). "Nothing's First Smartphone is Aimed at Apple, Not OnePlus". The Verge. Vox Media. Archived from the original on March 23, 2022. Retrieved March 23, 2022.
  19. ↑ "After 2 Days, 100,000+ People Have Pre-Ordered The Nothing Phone (1)". ScreenRant. 2022-06-27. Retrieved 2022-07-01.
  20. ↑ "Exclusive: Nothing Phone (1) uses mid-range Snapdragon 778G+ chip". 2022-05-04. Retrieved 2022-07-05.

External links[edit]

Template:Nothing Technology

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