Remove Innovation Remove Real Estate Remove Technical Review
article thumbnail

Sumutasu secures $10M to digitize Japan’s real estate market

TechCrunch

Sumutasu , a Tokyo-based proptech startup that offers a direct online real estate purchase service, has secured $8.2 Takahiro Sumi (CEO) and Tomoya Ito (COO) co-founded Sumutasu four years ago to streamline the buying and selling of residential real estate. million in equity and $1.6 million in debt.

article thumbnail

Flat.mx raises $20M from VCs, proptech unicorn founders to fix Mexico’s ‘broken’ real estate market

TechCrunch

Flat.mx, which wants to build a real estate “super app” for Latin America, has closed on a $20 million Series A round of funding. That September, the proptech startup had raised one of Mexico’s largest pre-seed rounds to take the Opendoor real estate marketplace model across the Rio Grande. Previously, Flat.mx

article thumbnail

Proptech in Review: 3 investors explain why they’re bullish on tech that makes buildings greener

TechCrunch

We asked three venture capital firms investing at the intersection of proptech and climate tech about how a focus on reducing emissions can trim a building’s carbon footprint and offer new opportunities for returns. Spending on getting the world’s real estate to net zero will require $1.7 And the potential market is enormous.

article thumbnail

Landa can make you a landlord for just $5

TechCrunch

It’s safe to say that millions of Americans dream of becoming real estate investors but can’t or don’t due to a variety of challenges, including lack of accreditation, capital and time. CEO Yishai Cohen and CTO Amit Assaraf started Landa in 2020 in an effort to make real estate ownership more inclusive.

article thumbnail

5 construction tech investors analyze 2022 trends and opportunities

TechCrunch

Often, industries that have great potential to be disrupted are also the most resistant to adopting bleeding-edge technology. While legacy sectors like transportation and energy have embraced new tech, innovation in the construction industry has been slow to take hold. trillion last year, according to a recent Deloitte study.

article thumbnail

Brazilian proptech startup Loft, which was valued at $2.9B last year, lays off 380 employees

TechCrunch

In an emailed statement, Loft — which says it uses technology to simplify and enable real estate and credit transactions — described the move as “a reorganization of its operation.” That would mean that Loft has let go of nearly 540 workers this year so far. It currently has about 3,200 employees.

article thumbnail

Investors discuss how labor shortage is shaking up the construction tech stack

TechCrunch

Construction’s digital transformation journey is only just beginning, and the sector offers a ton of space for innovation. To get a clear picture of where construction tech stands today, we spoke with five active investors in the space. is expected to be beneficial to innovation in the industry.