OnePlus co-founder Carl Pei secures $7 million fund for new undisclosed venture from investors and friends- Technology News, Firstpost

Carl Pei, the co-founder of OnePlus who left the corporate two months in the past, has raised $7 million from a roster of investors together with iPod inventor Tony Fadell, who’s at present serving as a principal at funding and advisory agency Future Shape. Among different investors taking part within the spherical have been Twitch cofounder Kevin Lin, Reddit chief government Steve Huffman, PCH founder and chief government Liam Casey, outstanding YouTuber Casey Neistat, Product Hunt chief government Josh Buckley, Web Summit founder Paddy Cosgrave and a gaggle of former and present Stockholm-headquartered Truecaller staff, Kim Fai Kok, Nick Dahl and Zakaria Hersi.

Carl Pei

Pei stays tight-lipped on what this new venture can be about, or what it’s even known as, however stated he would discuss extra about it early 2021. There are rumours that recommend it’s audio and {hardware} associated. The seed funding will likely be used to arrange a head workplace in London, rent expertise, and fund product analysis and improvement efforts.

When requested about his departure from OnePlus and co-founder Lau, Pei informed Wired, “It was an amicable departure and we’re still in touch,” he says. “We text each other once every couple of weeks. I told him [I was leaving] face to face at a cafe. I don’t think he saw it coming, but I very calmly laid out my gratitude and what I wanted to do next. We talked a couple of times [after that] and in the end he agreed and is supporting me.”

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