Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Nothing Technology on a $200 million Series C growth capital raise. The investment was led by Tiger Global, with participation from investors including Highland Europe, EQT Ventures, GV and Qualcomm Ventures.

Founded in 2020 and headquartered in London, Nothing is redefining consumer hardware categories (phone and audio products) through distinctive design and AI-enabled experiences. The company serves customers around the globe, having sold millions of units across all its product categories and surpassed $1 billion in lifetime sales at the beginning of 2025. Nothing’s software is increasingly AI-native and features deep system-level integrations that optimise the everyday experience of consumers whilst preserving Nothing’s minimalist design ethos.

The funding will enable Nothing to accelerate its innovation roadmap and further scale its distribution.

This transaction reaffirms the position of Arma Partners’ Private Capital practice as the advisor of choice for high-growth category-redefining companies across Europe, and our unique access to, and strong connectivity with diverse pools of capital across the world. This transaction also strengthens our track record as a leading specialist advisor across digital consumer-related categories and our presence at the frontline of AI.