Three Scottish Companies Join AG Elevate Mentoring Scheme
In a dynamic landscape where technology is reshaping industries at an unprecedented pace, leading international law firm Addleshaw Goddard has once again demonstrated its commitment to fostering innovation. The unveiling of the 2023 AG Elevate mentoring scheme is not just a celebration of entrepreneurial spirit, but a nod to the transformative power of AI and health tech.
Among the chosen, three Scottish companies have secured their spot, cementing their position in a diverse cohort that mirrors the global tech economy.
AG Elevate is a 10-month program meticulously designed to guide tech businesses through the labyrinth of legal challenges that arise as they scale-up. This year's selection shows AI innovation across diverse sectors, with health tech also emerging as a prominent theme. The chosen businesses have a shared vision of high-growth, backed by external funding and ambitious plans to disrupt norms.
AI's explosion
AI is no longer confined to the realm of science fiction; it's an integral aspect of our present and future. This year's AG Elevate cohort reflects this, with over a quarter of the selected businesses making AI central to their propositions. From generative AI startups like Syntonym, specialising in hyper-realistic synthetic face generation, to AI-driven language e-learning platforms like Cardemy, the diversity of AI applications is staggering. These innovations have the potential to redefine customer experiences, streamline processes, and revolutionise various industries.
Scotland's Tech Capabilities
Scotland's tech capabilities are well represented in this year's cohort with the inclusion of three exceptional companies. Legado, an innovative data-as-a-service platform, is reshaping the client-business interaction paradigm. Vectofy, on the other hand, is easing spreadsheet comprehension with interactive 3D visualisations, reducing errors and saving valuable time. Zelim is bringing the world's first remotely operated rescue vessel with advanced AI-enabled casualty detection to market.
The Path Forward
The selected businesses are not only gaining access to legal mentors and industry networks but are also becoming part of a supportive ecosystem that encourages cross-collaboration and shared insights. Bespoke support, legal documentation, seminars, and interactions with like-minded professionals all contribute to a comprehensive growth experience. As these 15 innovative ventures embark on their 10-month journey, they are primed to elevate not only their own businesses but also contribute to the wider narrative of technological advancement.
