Doreen Mescal

The international law firm has named 13 high-growth technology businesses which have been selected for its 2024 AG Elevate programme.

The businesses, headquartered across various European countries, will receive a tailored package of legal advice, regular mentorship meetings with world-class legal teams and access to Addleshaw Goddard’s global roster of seminars and networking events.

The latest cohort includes businesses from a range of different sectors including automotives, commodities, cyber-security, green energy and finance.

Four of the businesses use AI as part of their core product offering — including Irish participant, Protostars AI, which leverages AI to assist companies in navigating the complexities of the newly adopted EU Cyber Resilience Act (CRA).

The businesses will work with Addleshaw Goddard’s legal teams across its global offices and benefit from advice on handling complex legal issues such as intellectual property protection, data privacy compliance, corporate governance, contracts and trade regulations.

Since its launch in 2017, the annual programme has helped around 60 businesses tackle a range of legal and operational challenges.

Doreen Mescal, partner at Addleshaw Goddard Ireland, said: “Navigating the complex landscape of legal and operational challenges can be particularly daunting for new tech businesses.

“Through our AG Elevate programme, we offer a comprehensive suite of legal guidance, tailored mentorship and access to an extensive network of industry-leading professionals to support these companies on their growth journeys.

“Each year, we aim to partner with innovative, forward-thinking businesses that show exceptional promise across a range of sectors.

“This year’s cohort reflects the diversity and dynamism of the tech industry, from AI and green energy to cybersecurity and mobility solutions. I think the businesses that have been chosen this year are particularly exciting and I look forward to working with them closely on their growth journey.”

Kim McKayed, CEO & Co-founder of Protostars AI, added: “We are thrilled to be part of the AG Elevate program, which provides invaluable support as we strengthen Protostars as a trusted supplier for the national Cyber Grants Scheme.

“AG Elevate offers a robust support structure, including legal counsel and mentorship, to help us navigate this critical growth phase.

“It’s reassuring to know that Addleshaw Goddard truly values and uplifts innovative companies, offering meaningful assistance as we work to commercialise cutting-edge AI for cybersecurity compliance.”“