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Start-up for real estate market digitalization receives more funding

The start-up Sumutasu which aims to speed up transactions in the fragmented Japanese real estate market has received new funding of $8.2 million in equity and $1.6 million in debt. According to a TechCrunch report, total funding since its start in 2018 stands now at $16 million. The platform enables users to access a fair house valuation within an hour and allows direct sales without brokerage fees.

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