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CMF secures Series A funding with Optiemus acquiring 51.1% controlling stake in joint venture. The deal transforms CMF into independent Indian smartphone company.
PRIVATESep 22, 2026•about 3 hours ago
Round Type
Series A
IndiaSoftware
Investors
Nothing ElectronicsOptiemus Infracom
Description
Nothing has expanded its strategic partnership with Optiemus Group, with Optiemus Infracom acquiring a 51.1% stake in the proposed joint venture with Nothing Electronics. The new entity will focus on CMF smartphone sales, commercialization, and R&D capabilities in India. Optiemus will participate in CMF's Series A funding round as majority shareholder. The partnership combines Optiemus' manufacturing capabilities with Nothing's technology and product expertise to build an end-to-end smartphone R&D ecosystem in India.
Company Information
Company
CMF
Location
India
About
CMF is a smartphone brand being spun off from Nothing Electronics into an independent company with majority Indian ownership through Optiemus Infracom. The partnership combines Nothing's technology and product expertise with Optiemus' manufacturing capabilities to develop an end-to-end smartphone R&D ecosystem in India. CMF will focus on designing and commercializing smartphones with capabilities across industrial design, mechanical engineering, camera engineering, software, connectivity, and component engineering. The venture aims to create products for both local and global markets while contributing to India's consumer technology ecosystem.
Fundz sees it the moment CMF raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
IndiaSoftware