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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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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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Placer.ai, a location analytics startup, finds $100M at a $1B valuation

TechCrunch

It’s being led by Josh Buckley (the CEO of Product Hunt), with participation from WndrCo (Disney/Dreamworks’ supremo Jeffrey Katzenberg’s investment firm), Lachy Groom, MMC Technology Ventures LLC, Fifth Wall Ventures and Array Ventures, as well as a swathe of real estate names, including J.M.

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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.

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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.

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S3 Ventures, Tacora close on new funds to boost Austin startups

TechCrunch

In fact, the firm believes that Texas is going to be the second-largest tech ecosystem in the U.S. We’re constantly meeting entrepreneurs that are at the frontier of things because they’re running into technology issues that others don’t have,” Engineer added. Keri Findley, founder of Tacora.

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Austin emerges as a city of unicorns and tech giants

TechCrunch

As Austin’s skyline expands, the city continues to solidify its standing as a tech hub. It’s a city of unicorns and tech giants. Austin is also home to secondary offices of many of the largest tech companies in the world, including Google, Apple, Oracle, Amazon, Facebook and SpaceX. And the numbers are there to back it up.