Osborne Clarke advises Highland Europe on lead investment $96m financing round

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Tom Kilkelly

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Osborne Clarke, an international law firm with offices in Reading, has advised Highland Europe on its lead investment in consumer technology brand Nothing's $96 million seeding round.

The Osborne Clarke team was led by Corporate Partner Robert Wood and senior associates Josephine Healy-Russell and Sian Daly.

Nothing manufactures smartphones, one of which made Time Magazine’s “Best Inventions of 2022''. The company has seven offices world wide and a team comprised of around 450 employees. Nothing also practices sustainable manufacturing when making its phones.

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Highland Europe focuses on high-potential technology companies and has invested based on Nothing’s success to date and future potential.

Osborne Clarke has also advised Highland Europe on recent investments across Europe, including Huel in the UK.

This round brings Nothing’s total funding to US$250 million, just as the company crosses 1.5 million products sold.

Tom Kilkelly

Tom Kilkelly started working as a freelance journalist for The Business Magazine following his graduation from UCL in 2022. During his studies Tom became very interested in the works of Irish authors including Samuel Beckett and Flann O'Brien (Brian O'Nolan). His current role as a freelance business reporter is his first exposure to the world of business journalism. Working at TBM has given Tom the chance to really get to grips with the goings-on in the business hive that is the South East.