London-based smartphone maker Nothing raised $200 million from investors led by Tiger Global, valuing the company at $1.3 billion. Founded by Carl Pei in 2020, the company launched its first smartphone in 2022, along with earbuds, and has surpassed $1 billion in total sales. Nothing aims to integrate artificial intelligence into its products, with plans to expand into smartwatches, smart glasses, humanoid robots, and EVs. Existing shareholders GV, Highland Europe, EQT, Latitude, I2BF, and Tapestry participated in the funding round, following a previous round of close to $100 million in 2023.

Read more at Yahoo Finance: Smartphone maker Nothing raises $200 million at $1.3 billion valuation