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From Nothing to unicorn: UK firm valued at £1bn by £150m raise

Published: September 16, 2025 at 9:11 am

Author: Patrick Killeen

London-based consumer tech company Nothing has raised $200 million (almost £150m) in a Series C round, valuing the business at $1.3 billion (almost £1bn).

The funding round, which was led by Tiger Global, marks a major milestone for the firm as it becomes the latest UK unicorn.

Its products include the Phone (2), Phone (2a), and Ear (2), which have helped the startup carve out a loyal global community, which is reflected by it previously raising over £8m in community funding rounds.

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