Definely joins Allen & Overy’s Fuse

Allen & Overy has announced the new cohort members to enter Fuse, their collaborative tech innovation space. Starting in May 2019, the four new companies to join Fuse cohort 3 are:

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APIAX

- A startup which builds tools aiming to create machine-readable rules, thus enabling customers to access complex financial regulations on a digital basis.

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DEFINELY

– A drafting tool which helps users to access defined terms and references in documents more easily, with the intention of speeding up the drafting process.

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HIGHQ

– A platform which seeks to provide social collaboration, secure file sharing and project management with the aim of improving efficiency and productivity.

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SCISSERO​

– A legal AI platform that reads, drafts and marks up legal agreements on an automated basis.

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The new cohort will join remaining cohort members Avvoka Legatics, Nivaura, and Regnosys in Fuse in early May 2019.

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Launched in September 2017, Fuse was created to enable lawyers and clients to understand how they could benefit from technology. There have been a number of significant milestones in Fuse including Nivaura’s issuance of the world’s first fully automated cryptocurrency-denominated bond, Allen & Overy fully licensing and rolling out Avvoka’s technology and hosting the Financial Conduct Authority and Bank of England’s. Digital Regulatory Reporting pilot.

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Shruti Ajitsaria, Head of Fuse, commented: “A large part of the success of Fuse relies on identifying cohort members which will have a good synergy with A&O lawyers and our clients. I believe we have found that with this new cohort. Inviting new companies in to Fuse enables us to continue to be a collaborative partner for best-in-class tech companies. I am excited to develop our relationship with the new cohort over the coming months.”

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