Smartphone startup Nothing has raised $200 million in a Series C funding round led by Tiger Global, valuing the company at $1.3 billion. The funding will support the launch of an AI-first device and enhance its supply chain. Despite a global market share of less than 1%, Nothing has seen growth in India, its largest market. The company aims to differentiate itself through design and AI integration, targeting a younger consumer base interested in innovative technology.

Smartphone startup Nothing has raised $200 million in a Series C funding round led by Tiger Global, valuing the company at $1.3 billion. The funding will support the launch of an AI-first device and enhance its supply chain. Despite a global market share of less than 1%, Nothing has seen growth in India, its largest market. The company aims to differentiate itself through design and AI integration, targeting a younger consumer base interested in innovative technology.