Published On: Wed, Dec 16th, 2020

OnePlus co-founder Carl Pei raises $7 million for his new venture

Carl Pei, a co-founder of OnePlus who left a association dual months ago, has lifted $7 million from a register of high-profile investors for his new hardware venture.

The Swedish tech businessman pronounced on Wednesday he had cumulative $7 million in a seed financing turn from friends and private investors, including Tony Fadell (principal during Future Shape and contriver of a iPod), obvious YouTuber Casey Neistat, Kevin Lin (co-founder of Twitch), Steve Huffman (chief executive of Reddit), Liam Casey (founder and arch executive of PCH), Paddy Cosgrave (founder of Web Summit) Josh Buckley (chief executive of Product Hunt) and a organisation of former and stream Stockholm-headquartered Truecaller employees: Kim Fai Kok, Nick Dahl and Zakaria Hersi.

Pei stays tight-lipped on what this new try would be about, or what it is even called, though pronounced he would speak some-more about it early subsequent year. A source informed with a matter told TechCrunch that a try will concentration on audio-related hardware — during slightest to start with. Pei pronounced he skeleton to use a uninformed collateral to set adult an bureau in London, sinecure talent and account product investigate and development.

“I am deeply beholden and tremendously vehement to have friends of this size ancillary us in building what’s next,” pronounced Carl Pei in a statement. “We devise on relocating aggressively opposite a vision, and can’t wait to see how a marketplace will react.”

Pei, who served as a open face of a Chinese smartphone builder OnePlus for years, astounded many when he announced in Oct that he would be withdrawal a company. He played an instrumental purpose in conceptualizing a OnePlus smartphone lineup over a years, and also how a association marketed them and itself.

News opening Android Central reported progressing that Pei, 31, had left a organisation since of an “internal energy struggle” between him and Pete Lau, a other co-founder of OnePlus. Lau, 45, took an additional purpose of SVP during Oppo. BBK Group owns OnePlus, Realme, Oppo and Vivo. OnePlus has always avoided questions about a tenure structure. Reached for criticism in October, OnePlus has nonetheless to respond.

“Carl spent a final decade creation products that millions of people love. He deeply understands what consumers want, and we can’t wait for a universe to see what he has in store next,” pronounced Josh Buckley, arch executive of Product Hunt, in a statement.

OnePlus co-founder Carl Pei confirms he has left a company

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