NOTHING CLOSES $200M SERIES C LED BY TIGER GLOBAL, PLANS AI-FIRST DEVICE LAUNCH

Summary from the TLDR Founders newsletter

Nothing raised $200M in a Series C round led by Tiger Global, valuing the company at $1.3 billion. With new funding, the company plans to launch an AI-first device, focusing on AI integration in its operating system. Despite global challenges, it has achieved significant market share in India and is expanding its AI capabilities under the leadership of former Linktree executive Sélim Benayat.