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Juro draws $23M into its browser-based contract automation platform

TechCrunch

London-based legaltech startup Juro has grabbed $23 million in Series B funding for its browser-based contract automation platform. “These companies often process very high volumes of contracts, which is where we really help. “We do this by bringing those contracts out of Word and into a custom-built, browser-native editor.”

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Faction raises $4.3M to deploy 3-wheeled EVs for driverless delivery

TechCrunch

“We keep doing the same things over and over again,” said McKendrick, who was previously VP of engineering at the now shuttered self-driving truck startup Starsky Robotics. Now, with prototypes built and an ambition to scale, McKendrick has raised $4.3 million in seed funding led by Trucks VC and Fifty Years.

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Startup CTO or Developer

TechEmpower CTO

But hiring a lead developer, or even a VP of Engineering, can create a gap between the founders and the developers. Closing the Gap: Hiring A Fractional Startup CTO We’re not suggesting that early-stage startups should hire a full-time CTO. Instead, they should consider a Fractional CTO who can help close the gap.

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How genAI is transforming financial services

CIO

By Michael Cullum, VP of Engineering at Bud Financial Generative AI (genAI) is a powerful tool that is transforming the financial industry and empowers financial services professionals. At the same time, banks can use this data to improve their own decisions around areas like credit affordability and application processes.

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Versa raises $120M for its software-defined networking and security stack

TechCrunch

They came from Juniper Networks, where Apurva Mehta was the CTO and chief architect of the mobility business unit and Kumar Mehta was the VP of engineering. He declined to reveal revenue figures, instead pointing to San Jose-based Versa’s annual contract value, which he says grew 60% over the “past few years.”

Security 193
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Super raises $50M to cover home repairs and maintenance via a subscription model

TechCrunch

CEO Jorey Ramer, who co-founded the company with Ryan Donnelly (VP of engineering), also said that another part of the investment will be used to enhance the AI tech that underpins Super’s service and pricing plans. More on that below. — Austin, Chicago, Dallas, Houston, Phoenix, San Antonio and Washington, D.C.

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54gene valuation slashed by over $100M amid job cuts and CEO exit

TechCrunch

In August, it sacked 95 employees , mostly contract staff (in labs and sales departments) hired to work in 54gene’s COVID business line launched in 2020. In September, co-founder and VP of Engineering Ogochukwu Francis Osifo left the company. It’s been a strange couple of months at African genomics startup 54gene.

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