Nothing, a new forward-thinking London-based consumer technology company, announced today that they will open up for its community to invest in the company through a community equity funding round. Nothing will allow its community to invest a total of $1.5 million at the same valuation as their Series A funding with GV (formerly Google Ventures).
Carl Pei, CEO and Co-founder of Nothing said, “We want our community to be part of our journey from the very start and play an active role in it. As part of this process, we’ll also be electing a community member to our board of directors, so that we’re always kept in check, and reminded of what users want.”
Following this community funding round, investors will have access to Nothing’s private community through which they will get exclusive benefits and insights into the company. From there, the company also plans to elect a community board member to represent and to be the voice of the community in board meetings. More details will be shared once the campaign goes live.
Pre-registrations to the financing will open on February 16th at 10AM GMT, and the campaign will go live on March 2nd at 10AM GMT.
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