Allen & Overy launches innovation hub for legaltech, regtech and dealtech start-ups
Applications are now open for Fuse, a five month London-based accelerator designed for both early-stage businesses as well as more mature companies
Allen & Overy, the London-based international law firm, is now taking applications for Fuse, its five month innovation hub designed for legaltech, regtech and dealtech businesses.
Designed for both early-stage businesses as well as more mature companies, successful applicants will be based in Allen & Overy's HQ – which is based between Shoreditch and the City of London.
Working to develop and test “tech-enabled solutions”, resident businesses will receive a series of tailored lectures – as well as being assigned external mentors and designated a Allen & Overy partner sponsor.
First opening its doors in September 2017, Fuse's first cohort consisted of eight companies who have tackled a range of challenges, from dramatically improving efficiencies in traditional legal processes to assisting asylum seekers in gaining access to pro bono legal representation and advice.
Fuse is being led by Jonathan Brayne, chairman of Fuse, and Shruti Ajitsaria, head of Fuse.
“Fuse acts as a remarkable radar, enabling us to understand what’s out there in terms of technology-driven solutions to the challenges that we and our clients face every day.
“It has been fascinating to witness the practical application of some of the technologies created by the companies in the first cohort.”
“It’s clear that our first cohort achieved some quite extraordinary things in a very short space of time, so we’re excited about what Cohort 2 may bring.
“We look forward to receiving applications from innovative businesses with brilliant ideas.”
To find out more information about Fuse, or to access the application form, click here.
The application form asks applicants to describe their team, their company and the problem(s) they are aiming to solve.