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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. While the U.S.

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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

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Vontive wants to be the Palantir of real estate investing

TechCrunch

residential real estate market has been booming because of the pandemic. Although the rise in home prices has shut many people out of the market, it’s been highly lucrative for those who own property. As a result, accessing capital can be a major hurdle for real estate investors, according to McKinney.

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Burn, baby, burn. Real estate-focused fintech startups feel the heat

TechCrunch

As we all know, the housing market goes through cycles. Higher interest rates mean far fewer purchases and refinances — and lots of business for fintechs operating in the real estate industry. Factor in that more people were spending more time at home than ever due to COVID shelter-in-place orders, home took on new meaning.

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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. Challenging market conditions, though, mean that returns are anything but assured. And the potential market is enormous.

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Butlr Technologies, developing anonymous people sensors, inks $7.9M seed round

TechCrunch

million seed round boosts Butlr Technologies ’ ability to apply its real-time people-sensing technology beyond commercial real estate and retail uses to monitor falls and other movements for active seniors who are aging in place. Butlr Technologies’ simulation of movement and detection.

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Can China’s venture capital market help it reignite growth?

TechCrunch

As China looks to reignite growth, what role will its technology industry play? Is there enough capital flowing to support a new generation of tech startups that could keep China competitive? The Exchange explores startups, markets and money. Can China’s venture capital market help it reignite growth?

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