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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.

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Max Q: Sierra Space, Blue Origin, Boeing and others stake out space real estate

TechCrunch

Orbital Reef is claiming its slice of LEO real estate. Amazon has a new agreement with telecom giant Verizon for its Project Kuiper internet satellite project. Verizon will aim to improve wireless internet access in rural areas in the U.S. Email me at aria.techcrunch@gmail.com or find me on Twitter at @breadfrom.

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Prevu’s home sale process gives credit to home buyers with cash-back rebates

TechCrunch

The traditional role of the real estate agent has long been challenged as the internet has made it easier for people to search for, and tour, homes. Historically, agents have received 6% commission on home sales — a practice that is increasingly being called into question.

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End-to-end operators are the next generation of consumer business

TechCrunch

Keys to ascending the consumer-internet throne. He focuses on consumer internet, online marketplace and software investments. Each stage of this evolution unlocked billions of dollars in value, and many of the names listed above remain the largest consumer internet companies today. More posts by this contributor. Justin Da Rosa.

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Unpacking Chamath Palihapitiya’s SPAC deals for Latch and Sunlight Financial

TechCrunch

Keyless locks = Peloton for real estate. Latch’s hardware works with doors, sensors and internet connectivity. The SPAC is associated with Tishman Speyer, a commercial real estate investor. You can see the synergies, as Latch’s products fit into the commercial real estate space.

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Celebrities Found in Unprotected Real Estate Database Exposing 1.5 Billion Records

Ooda Loop

A significant data breach was discovered in the Real Estate Wealth Network, an online real estate education platform. terabyte database left exposed on the internet, housing over 1.5 Cybersecurity researcher Jeremiah Fowler found a 1.16 billion records.

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Vietnamese investment app Infina lands $2M seed round

TechCrunch

Most of its users are between the ages of 25 to 40 and looking for alternatives to investing in long-term asset classes like real estate. While at home during various stages of lockdown in Vietnam, Vuong said many internet users began switching to digital services, including for investments.