Carl Pei's Nothing raises $50 million, partners with Qualcomm


FILE PHOTO: Qualcomm logo is during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Wolfgang Rattay

STOCKHOLM (Reuters) - Technology company Nothing, founded by OnePlus co-founder Carl Pei, on Wednesday said it has raised $50 million from strategic and private investors, and has partnered with U.S. chipmaker Qualcomm.

The company launched its first device - a transparent earbud https://se.nothing.tech/products/ear-1 that comes with active noise cancellation and a retail price of $99 - in August and sold more than 100,000 of those in the first two months.

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