Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Markets>
Nothing is turning to its community to gather $5 million, aiming to be prepared for an IPO within three years

Nothing is turning to its community to gather $5 million, aiming to be prepared for an IPO within three years

Bitget-RWA2025/12/03 15:33
By: Bitget-RWA

Nothing Launches $5 Million Community Investment Opportunity

Nothing, the hardware technology company, is inviting its community members to purchase company shares through a new $5 million community investment round. Starting December 10, individuals will have the chance to invest at the company’s Series C valuation of $1.3 billion.

To date, Nothing has secured $8 million from over 8,000 participants in two previous community funding rounds. The inaugural round took place in 2021, with a fundraising goal of $1.5 million.

A representative from Nothing shared with TechCrunch, “This initiative isn’t primarily about raising funds. It’s about allowing our supporters and fans to become investors while we remain a private company, and to be part of our ongoing journey.”

Community investors are granted a rotating seat on Nothing’s board of directors, though additional benefits for these investors have not been specified.

In September, Nothing completed its Series C funding, raising $200 million from notable backers such as Tiger Global, GV, Highland Europe, EQT, Latitude, I2BF, and Tapestry. Altogether, the company has amassed $450 million in funding.

This latest community round comes as Nothing restructures its organization to strengthen its position in the competitive smartphone market, which is largely controlled by industry leaders like Samsung and Apple. The company is separating its affordable CMF brand and is also exploring the development of AI-focused devices, while continuing to produce smartphones and audio products. According to Nothing, it surpassed $1 billion in total revenue this year—a 150% increase over 2024 figures.

CEO Carl Pei told TechCrunch via email that the company is preparing to be ready for an initial public offering within the next three years. “The exact timing will depend on market conditions and what is best for the business at that moment,” he explained.

Pei also emphasized, “What matters is that we’re already operating with the discipline of a public company. We’re establishing the systems, governance, and financial rigor required for long-term, sustainable growth.”

It remains uncertain whether Nothing will pursue another funding round before going public. When questioned about future fundraising, a company spokesperson indicated that while there are no immediate plans to seek additional capital, they remain open to such discussions.

Individuals interested in joining the community investment round can participate through platforms such as Wefunder and Crowdcube.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

SOL Price Forecast and Key Drivers in Late 2025: Evaluating Solana’s Core Improvements and Ecosystem Growth

- Solana's 2025 upgrades (Firedancer, Alpenglow) enhance scalability, achieving 870.6 TPS and 16-month uptime, boosting institutional confidence. - Ecosystem growth accelerates with $10.2B DeFi TVL, 17,708 developers, and partnerships like Western Union expanding real-world use cases. - Price analysis shows SOL near $133 support level, with bullish indicators and ETF inflows suggesting potential $150–$500 range by late 2025. - Historical correlations link upgrades to 400%+ price surges, positioning Solana

Bitget-RWA2025/12/03 16:52
Bitcoin Leverage Liquidations Spike in Early December 2025: An Important Lesson on Managing Risks in Unstable Markets

- Early December 2025 saw over $1B in leveraged Bitcoin bets liquidated as prices dropped below $86,000, with major exchanges reporting losses exceeding $160M each. - Sharp price swings and macroeconomic pressures like Japan's hawkish signals triggered cascading liquidations, exposing systemic risks in high-leverage crypto trading. - Institutional investors remained resilient amid the selloff, contrasting retail traders' margin calls and highlighting crypto ETF inflows as stabilizing factors during market

Bitget-RWA2025/12/03 16:32
Hyperliquid's Growing Popularity and Trading Volume: Evaluating Its Potential as a Lasting DeFi Investment

- Hyperliquid dominates 2025 DeFi perpetuals with $2.74T volume, rivaling Coinbase via HyperBFT's 200k TPS and sub-second finality. - Market share dropped from 73% to 38% as competitors like Aster emerged, though Hyperliquid maintains 62-63% Perp DEX open interest. - Governance innovations (HIP-1/3) enable permissionless listings while 93% fee buybacks and $5B TVL boost HYPE token value. - Regulatory risks and $4.9M security loss highlight vulnerabilities despite BlackRock/Stripe partnerships and SEC ETF a

Bitget-RWA2025/12/03 16:14
PENGU Token's Latest Price Rally and Technical Evaluation

- PENGU token surged past $0.0100 in late 2025, driven by Bitcoin rebound, whale accumulation, and Pudgy Penguins' project developments. - Technical analysis shows overbought RSI (73.76) and key support/resistance levels at $0.012-$0.0135, signaling potential volatility. - Market psychology blends speculative FOMO with strategic utility growth through "Pudgy Party" and NHL partnerships, though macro risks like Fed policy remain critical. - Analysts caution investors to balance short-term momentum with long

Bitget-RWA2025/12/03 16:14

Trending news

More
1
SOL Price Forecast and Key Drivers in Late 2025: Evaluating Solana’s Core Improvements and Ecosystem Growth
2
Bitcoin Leverage Liquidations Spike in Early December 2025: An Important Lesson on Managing Risks in Unstable Markets

Crypto prices

More
Bitcoin
Bitcoin
BTC
$92,495.61
+1.64%
Ethereum
Ethereum
ETH
$3,096.61
+3.16%
Tether USDt
Tether USDt
USDT
$1
+0.01%
XRP
XRP
XRP
$2.17
+1.08%
BNB
BNB
BNB
$900.84
+3.29%
Solana
Solana
SOL
$141.14
+1.29%
USDC
USDC
USDC
$1.0000
+0.02%
TRON
TRON
TRX
$0.2789
-1.22%
Dogecoin
Dogecoin
DOGE
$0.1502
+3.02%
Cardano
Cardano
ADA
$0.4382
+2.41%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter