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Nothing looks to its community to raise M, wants to be ‘IPO-ready’ in 3 years | TechCrunch

Nothing looks to its community to raise $5M, wants to be ‘IPO-ready’ in 3 years | TechCrunch

Hardware maker Nothing is letting its user base buy its stock as part of a new community investment round of $5 million. The new round, which opens on December 10, will enable consumers to buy the company’s shares at its Series C valuation of $1.3 billion.

The company said it has so far raised $8 million in total from over 8,000 people across two previous community investment rounds. It held its first community funding event in 2021, aiming to raise $1.5 million.

“This isn’t about raising capital, it’s about giving our community/fans a chance to invest while we’re private and join us on the journey,” a spokesperson for Nothing told TechCrunch.

Community investors have a rotating seat on the company’s board, but it is unclear what else they get for investing in the company through such rounds.

Nothing raised $200 million in its Series C back in September from investors including Tiger Global, GV, Highland Europe, EQT, Latitude, I2BF and Tapestry. The company has raised $450 million to date.

The community round comes as Nothing makes changes to its corporate structure as it tries to increase its share of a smartphone market dominated by giants like Samsung and Apple. The company is spinning off its budget CMF brand, and plans to explore AI-centric devices while it keeps building smartphones and audio products. And Nothing claims it crossed $1 billion in cumulative revenue this year, up 150% from 2024.

The startup is working to be “IPO-ready” in three years, CEO Carl Pei told TechCrunch in an email. “The timing will depend on market conditions and what makes sense for the business at that point in time,” he said.

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“What’s important is that we’re already operating with that discipline now. We’re building the systems, the governance, the financial discipline that a public company needs. It forces us to think longer-term and make smarter decisions that prioritise sustainable growth,” Pei added.

It’s not clear if Nothing aims to raise another round before an IPO. When asked about its fundraising plans, a Nothing spokesperson said the company is not thinking about raising capital immediately, but it wouldn’t be averse to those conversations.

Those interested in investing in the community round can use platforms like Wefunder and Crowdcube to participate.

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Hollywood ain’t big enough for two ‘Nightmare on Elm Street’ revivals, and WB and Paramount are fighting over who can make it.#Begun #Nightmare #Elm #Street #WarNightmare on Elm Steet,Paramount+,Warner Bros.,Wes Craven">Begun, the ‘Nightmare on Elm Street’ War HasHollywood ain’t big enough for two ‘Nightmare on Elm Street’ revivals, and WB and Paramount are fighting over who can make it.#Begun #Nightmare #Elm #Street #WarNightmare on Elm Steet,Paramount+,Warner Bros.,Wes Craven
The cotton and wool layers are GOTS-certified organic, while the Dunlop latex carries the GOLS certification. The finished product does not have any certifications beyond Greenguard Gold, but the material is undyed, which is great for anyone bothered by industrial dyes. As with most of these organic options, the Coyuchi is made without chemicals, foam, or glues, and comes with a 100-night trial, which means you can get a full refund if it doesn’t work for you.

Coyuchi’s Natural REM organic mattress is made to order in the United States. The company offers a 100-night trial, up to an 180-day return policy (there is a restocking fee of $150 if you go over the 100-night trial), and a 25-year warranty.

Coyuchi Natural REM ranges from $1,400 for a twin to $2,400 for a California king.

The Best Kids Organic Mattress

  • Courtesy of My Green Mattress

  • Courtesy of My Green Mattress

My Green Mattress

Kiwi Children’s (Twin)

Beds for my kids are what started me down the organic mattress road. I care a lot more about what they’re sleeping on than what I’m sleeping on. Still, as much as I love the Avocado Green mattress, it’s not cheap. For my kids, I bought the more affordable Kiwi Mattress by My Green Mattress. The Kiwi is similar to our top pick Avocado. It’s a hybrid model with pocketed springs and natural materials: certified organic cotton, wool, and latex. It’s also something of a rarity; organic twin mattresses are somewhat difficult to find.

One nice twist that makes the Kiwi appealing for kids is the two-sided option. It costs a little more upfront, but being able to flip it over extends its life, which is handy if your kids think beds are actually trampolines in disguise. The Kiwi is definitely a firmer style, but I think it’s comfortable, and my children loved it when they were younger.

As with our top pick Avocado, My Green Mattress’s Kiwi uses GOTS Certified cotton, GOLS Certified latex, and has both GreenGuard Gold certification and MadeSafe certification.

#Organic #Mattressesbuying guides,bedroom,home,sleep,mattresses,shopping">The Best Organic MattressesThe cotton and wool layers are GOTS-certified organic, while the Dunlop latex carries the GOLS certification. The finished product does not have any certifications beyond Greenguard Gold, but the material is undyed, which is great for anyone bothered by industrial dyes. As with most of these organic options, the Coyuchi is made without chemicals, foam, or glues, and comes with a 100-night trial, which means you can get a full refund if it doesn’t work for you.Coyuchi’s Natural REM organic mattress is made to order in the United States. The company offers a 100-night trial, up to an 180-day return policy (there is a restocking fee of 0 if you go over the 100-night trial), and a 25-year warranty.Coyuchi Natural REM ranges from ,400 for a twin to ,400 for a California king.The Best Kids Organic MattressCourtesy of My Green MattressCourtesy of My Green MattressMy Green MattressKiwi Children’s (Twin)Beds for my kids are what started me down the organic mattress road. I care a lot more about what they’re sleeping on than what I’m sleeping on. Still, as much as I love the Avocado Green mattress, it’s not cheap. For my kids, I bought the more affordable Kiwi Mattress by My Green Mattress. The Kiwi is similar to our top pick Avocado. It’s a hybrid model with pocketed springs and natural materials: certified organic cotton, wool, and latex. It’s also something of a rarity; organic twin mattresses are somewhat difficult to find.One nice twist that makes the Kiwi appealing for kids is the two-sided option. It costs a little more upfront, but being able to flip it over extends its life, which is handy if your kids think beds are actually trampolines in disguise. The Kiwi is definitely a firmer style, but I think it’s comfortable, and my children loved it when they were younger.As with our top pick Avocado, My Green Mattress’s Kiwi uses GOTS Certified cotton, GOLS Certified latex, and has both GreenGuard Gold certification and MadeSafe certification.#Organic #Mattressesbuying guides,bedroom,home,sleep,mattresses,shopping

25-year warranty.

Coyuchi Natural REM ranges from $1,400 for a twin to $2,400 for a California king.

The Best Kids Organic Mattress

  • Courtesy of My Green Mattress

  • Courtesy of My Green Mattress

My Green Mattress

Kiwi Children’s (Twin)

Beds for my kids are what started me down the organic mattress road. I care a lot more about what they’re sleeping on than what I’m sleeping on. Still, as much as I love the Avocado Green mattress, it’s not cheap. For my kids, I bought the more affordable Kiwi Mattress by My Green Mattress. The Kiwi is similar to our top pick Avocado. It’s a hybrid model with pocketed springs and natural materials: certified organic cotton, wool, and latex. It’s also something of a rarity; organic twin mattresses are somewhat difficult to find.

One nice twist that makes the Kiwi appealing for kids is the two-sided option. It costs a little more upfront, but being able to flip it over extends its life, which is handy if your kids think beds are actually trampolines in disguise. The Kiwi is definitely a firmer style, but I think it’s comfortable, and my children loved it when they were younger.

As with our top pick Avocado, My Green Mattress’s Kiwi uses GOTS Certified cotton, GOLS Certified latex, and has both GreenGuard Gold certification and MadeSafe certification.

#Organic #Mattressesbuying guides,bedroom,home,sleep,mattresses,shopping">The Best Organic Mattresses

The cotton and wool layers are GOTS-certified organic, while the Dunlop latex carries the GOLS certification. The finished product does not have any certifications beyond Greenguard Gold, but the material is undyed, which is great for anyone bothered by industrial dyes. As with most of these organic options, the Coyuchi is made without chemicals, foam, or glues, and comes with a 100-night trial, which means you can get a full refund if it doesn’t work for you.

Coyuchi’s Natural REM organic mattress is made to order in the United States. The company offers a 100-night trial, up to an 180-day return policy (there is a restocking fee of $150 if you go over the 100-night trial), and a 25-year warranty.

Coyuchi Natural REM ranges from $1,400 for a twin to $2,400 for a California king.

The Best Kids Organic Mattress

  • Courtesy of My Green Mattress

  • Courtesy of My Green Mattress

My Green Mattress

Kiwi Children’s (Twin)

Beds for my kids are what started me down the organic mattress road. I care a lot more about what they’re sleeping on than what I’m sleeping on. Still, as much as I love the Avocado Green mattress, it’s not cheap. For my kids, I bought the more affordable Kiwi Mattress by My Green Mattress. The Kiwi is similar to our top pick Avocado. It’s a hybrid model with pocketed springs and natural materials: certified organic cotton, wool, and latex. It’s also something of a rarity; organic twin mattresses are somewhat difficult to find.

One nice twist that makes the Kiwi appealing for kids is the two-sided option. It costs a little more upfront, but being able to flip it over extends its life, which is handy if your kids think beds are actually trampolines in disguise. The Kiwi is definitely a firmer style, but I think it’s comfortable, and my children loved it when they were younger.

As with our top pick Avocado, My Green Mattress’s Kiwi uses GOTS Certified cotton, GOLS Certified latex, and has both GreenGuard Gold certification and MadeSafe certification.

#Organic #Mattressesbuying guides,bedroom,home,sleep,mattresses,shopping

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