Alphabet's VC arm backs OnePlus co-founder Carl Pei's 'Nothing' Company

The Nothing founder left OnePlus last year to focus on his new company

The co-founder of smartphone brand OnePlus said Alphabet Inc.’s venture capital unit not only led the latest funding round for his new company, but entirely financed it.
 

Carl Pei said his London-based startup -- called Nothing -- was developing a pair of wireless headphones as well as a suite of smart, connected consumer electronics. The headphones would be released in the summer with other products following later in the year.

Pei has big-name investors from earlier raises, including Kevin Lin, co-founder of Amazon.com Inc.’s Twitch; Steve Huffman, co-founder and CEO of Reddit; and Tony Fadell, who created the iPod at Apple