How to invest in Carl Pei’s Nothing Technologies – everything you need to know

• Carl Pei-led Nothing Technologies has invited investments from the community.
• The company is looking to raise $10 million as part of Community Investment (2).
• Here’s everything you need to know about the community investment round from Nothing.

Carl Pei-led Nothing Technologies has announced a new community investment round, dubbed as Community Investment (2). The company had earlier raised $1.5 million from its fans across the world.

A lot has changed since the company’s first community investment round, including the launch of the Nothing ear (1) truly wireless (TWS) earbuds. The company is also working on an Android smartphone.

Carl Pei has confirmed that the company will announce the Nothing phone (1) in summer 2022.

How much is Nothing raising from Community Investment (2)?

Nothing is looking to raise $10 million as part of the Community Investment (2) round. The company has claimed that it was able to raise $1.5 million in its last round in just 54 seconds.

The company says that the community investment round has already been subscribed by 7 times and more than $70 million has been pre-registered on the website.

How much has Nothing raised so far?

So far, Nothing has raised $144 million. The company had recently raised $70 million as part of its Series B funding. The Series B fundraise was led by EQT Ventures and saw participation from GV (Google Ventures).

Who can invest in Nothing?

Anyone over the age of 18 years can invest in Nothing, the company has revealed on its website.

How to invest in Nothing?

If you are looking to invest in Nothing, you can register your interest on the company’s website. You will then have to create a Crowdcube account.

Users who pre-register their interest will be able to invest starting from April 5, 6:30 PM IST.

What will you get for investing in Nothing?

Nothing has revealed that in addition to equity, investors will also get exclusive rewards from the company.

How much can you invest?

Investors need to make a minimum investment of $51.3 (₹3,875 approx.).

What documents are required?

Investors will need to share the following documents –

• Passport
• Identity card
• Bank statement

When will the money be collected?

Once the company finishes the community investment round, it will share an email with the payment details and allow you to withdraw your investment request.

Will the investors get a board seat?

Nothing has revealed that the company will elect one board member from this community of users to represent the voice of the community in board meetings.

SEE ALSO:
Carl Pei’s Nothing raises $70 million ahead of its March 23 event – rumoured Nothing smartphone could be officially announced
Carl Pei hints at a possible Nothing Android smartphone with a Snapdragon chip
Nothing makes its debut with the launch of the ear (1) truly wireless earbuds