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NOTHING
Nothing
Consumer electronics · London · United Kingdom · Founded · 2020 · ≈ · 900 · employees

Nothing Valuation: $1.3B After the Dec 2025 Series C

Private

Nothing was last valued at $1.3B (post-money). It comes from the $200M Series C of Dec 2025. The company is private, so there is no listed share price.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Nothing valuation · at a glance
Last valuation
$1.3B
POST-MONEY · DEC 2025
Lead investors
3
across 6 rounds
Raised across rounds
$588M
6 rounds
Date of last round
Dec 2025
closed 1 Dec 2025
Valuation history

How the Nothing valuation has moved

1 valuation. The latest, $1.3B post-money, was set by the Series C in Dec 2025.

Latest valuation
$1.3Bpost-money
Set by the Series C · 1 Dec 2025
Valuations
1
Priced rounds with a valuation
Event type
Primary round
The Series C · $200M raised
Undated: Series C at $1.3B (post-money); Seed at —; Series A at —; Series B extension at —.
Funding rounds

Nothing rounds and the valuation each one set

6 rounds
Round
Date
Amount
Valuation
Basis
Series C LATEST
1 Dec 2025
$200M
$1.3B
POST-MONEY
Series B
1 Jun 2022
$70M
—
—
Series C
—
$200M
$1.3B
POST-MONEY
Seed
—
$7M
—
—
Series A
—
$15M
—
—
Series B extension
—
$96M
—
—
Lead investors
Leads: GV, Highland Europe, Tiger Global.
Full funding history — Nothing profile ›
What the valuation means

What the $1.3B actually measures

A private valuation is the price agreed in one transaction. The Nothing valuation of $1.3B is a post-money figure from the Series C dated 1 Dec 2025 — the whole company measured after the $200M raised in that round was already inside it. Subtract the round and the pre-money view of the same deal is $1.1B .

The valuation holds until the next priced round or secondary sale. A private company founded in 2020 with roughly 900 people has no daily price and no order book between rounds.

Where the $1.3B comes from
EventSeries C, dated 1 Dec 2025
Basispost-money
Round size$200M
LeadTiger Global

Frequently asked questions

Is Nothing publicly traded?›

No. Nothing is a private company; its shares do not trade on a public exchange.

What is Nothing's valuation?›

The last valuation is $1.3B (post-money, Dec 2025).

Who has invested in Nothing?›

Lead investors for each round are in the funding timeline.

Who are Nothing's competitors?›

The closest consumer electronics peers are on the competitors page.

How can I get exposure to Nothing?›

The routes section explains what is realistically available for a company at this stage.

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