Nothing, founded in London in 2020 by OnePlus co-founder Carl Pei, makes smartphones, earbuds and headphones known for their see-through design. It raised a $200 million Series C at a $1.3 billion valuation in September 2025, led by Tiger Global.
At a glance
| Price from | From £349 |
| Best for | Buyers who want a well-designed mid-range phone |
From Nothing's own website.
What stands out
- Distinctive design at fair prices
- Clean software with few extras
Worth knowing
- Some models not sold in the US
- Smaller service network than big brands
How it ranks
Nothing is ranked 2nd of 10 in Best Consumer Hardware Startups (Lister Score 95.9).
#2 in Best Consumer Hardware Startups · Lister Score 95.9
Nothing has raised more than $450 million since its founding, with GV, Highland Europe, EQT Ventures and Qualcomm Ventures among its backers..
| Rank | Best Consumer Hardware Startups | Score |
|---|---|---|
| 1 | Oura | 97.1 |
| 2 | Nothing | 95.9 |
| 3 | Eight Sleep | 94.6 |
| 4 | Even Realities | 93.4 |
| 5 | Ultrahuman | 92.1 |
| 6 | Viture | 90.8 |
| 7 | Framework | 89.5 |
| 8 | Mill | 88.2 |
| 9 | Matic | 86.9 |
| 10 | Tonal | 85.6 |
Frequently asked questions
How does Nothing rank on Lister?
Nothing is ranked 2nd of 10 in Best Consumer Hardware Startups (Lister Score 95.9).
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