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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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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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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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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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Playhouse is TikTok meets Zillow for the next generation of homeowners

TechCrunch

We don’t need to look online for real estate anymore,’” explained Perelman. Both Perelman and his co-founder Nathan Shinder previously worked at PeerStreet, a real estate tech company based in Los Angeles. If Playhouse facilitates a sale, the app gets a cut of the transaction. What are the neighbors doing?”.

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Even decacorns have their challenges

TechCrunch

VCs clamor to fund real estate investing startups. We’ve been seeing a lot of interest — and funding news — in the real estate and proptech spaces lately. For a deeper dive into real estate tech and how it’s changing the investing landscape, check out my article in TC+ this week: Got $5? Weekly News.

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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.