Why are we launching avroy tech?
Early in 2023 Florian, Jerome, and Mathieu got together around an idea Florian had:
let’s put our tech and tech regs expertise together to better offer it at scale
With an approach of co-creation over mere “legal advice”
And let’s productize it whenever possible
It sounded like what we each had been looking for in the past when it came to legal and regulatory “help” and we quickly setup avroy tech
The expertise
Building
Indeed, in different ways, over that past 5 years we have each embarked on a journey to deliver tech services or products and have noticed the increasing desire of legislators and regulators to provide a legal framework to the field. Slowly, then suddenly, and sometimes with little understanding of the technical impact of what they were asking for.
We know what it’s like to build a tech business, what it’s like to grow a tech business, what it’s like to ask for operating licenses, what it means to be in the trenches with first and second lines of defense, to hire, to fire, to fail and to start again.
Having provided or contracted legal and regulatory advice to do all of that, we also felt the “gap” between builders and lawyers when it comes to talking about regs and tech. Regs designed in the late 90’s can’t be applied “as is” to tech from the early 2020’s and a certain level of technical understanding and imagination is required. Because builders would rather be compliant if possible. But it’s hard to find a partner with a deep enough understanding of regulations and tech to help you brainstorm and navigate the design space. And we think we can help.
Facilitating
Each in our own area, we have engaged with regulators and legislators at all level of governance, from micro to macro: we have talked to privacy regulators, financial regulators, members of the European Parliament, members of National Parliaments, members of the executive branches,… and have a good understanding of the objectives they want to achieve.
Similarly, we are builders and talk to a lot of other builders and we understand their need for regulatory clarity, the need to build with tomorrow’s regulation in mind, and the financial burden that regulations can impose upon their endeavours.
We also understand the need for regulators to have an “external” approach to regulation so that they can learn from, and give feedback to, the growing industry. And we are happy to facilitate those discussions.
Productizing
There are not enough people and there is not enough expertise to go around.
Ask any tech startup and they will tell you they need more engineers, more marketers, more lawyers,... Ask any regulators and they will tell you they are short-staffed.
That’s where products come in.
If we do something 3 times, it probably means there is a good chance it should be automated. And turned into a product. And that’s what we’ll strive to do: put as much information and tools out there in a “self-serve” fashion that we only need warm meat for the most novel of cases and the most peculiar of situations.
And if we didn’t think of something and you’d like us to, reach out to hello@avroy.tech
What we see today, in Europe especially
The tech market is booming. And the new breed of tech happens to be something Europe is good at.
Some of the best Crypto, DeFi, and Web3 companies and builders are European.
Many of the best AI researchers and AI research centers are on the European continent.
A lot of the capital is still flowing from/to the US players, but when it comes to AI and crypto, Europe has a chance to regain some long lost digital sovereignty.
And we want to enable that.
