Nothing Raises £5.3M in Swift Community Funding, Valued at $1.3 Billion

• Consumer tech brand Nothing, founded by Carl Pei, secured over £5.3 million in its latest community funding round.
• The round closed in under a week, attracting 4,643 retail investors via Crowdcube, marking Nothing's third such initiative.
• Funding was secured at a pre-money valuation of £976.56 million (approx $1.3 billion), matching its Series C round.
• The broader funding round for Nothing has now reached approximately £150.24 million, with strong demand from global investors.
• Community funding serves as a strategic tool for startups to build brand advocates and retain control, a trend Nothing exemplifies.

Why It Matters: Nothing successfully raised £5.3M in a swift community round, highlighting strong investor confidence and a strategic funding model.