Nothing declares partnership with Qualcomm, raises one other $50 million

OnePlus co-founder Carl Pei’s new enterprise, Nothing, on Wednesday launched partnership with chip enormous Qualcomm. The corporate talked about it would in all probability use Qualcomm’s Snapdragon platform, which powers a majority of smartphones and fully completely different client merchandise at present, for its future tech merchandise.

Nothing furthermore launched a $50 million funding spherical, which is an extension of the $15 million Sequence A it had raised in February. The London-based client electronics firm has raised a whole of $74 million so far.

“Seamless connectivity is paramount to attaining our imaginative and prescient of a future with out boundaries between folks and know-how,” Pei talked about in a press launch. “We sit up for working alongside Qualcomm Utilized sciences and our strategic patrons to grasp Nothing’s subsequent part of progress.”

Nothing’s first product, an precise wi-fi pair of headphones was launched in August and the corporate claims to have shipped over 100,000 fashions of the product so far. It talked about that the mannequin new funding may be utilized for “analysis and progress in preparation for the model’s entry into new product programs”. Pei had earlier talked about that Nothing will rely on an ecosystem play, which suggests it would in all probability make client electronics merchandise that work with one another, just like Apple.

Additional, the corporate didn’t disclose the entire itemizing of patrons collaborating on this spherical, nonetheless talked about Axel Christofer and Sebastian Indrosso of the band Swedish Residence Mafia had taken half all through the spherical. Its earlier patrons embody Apple iPod creator Tony Fadell, YouTuber Casey Neistat, and additional. The sooner spherical was led by enterprise capital firm GV.

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By Techfeeddata

I am Sanjit Gupta. I have completed my BMS then MMS both in marketing. I even did a diploma in computer software and Digital Marketing.

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