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WHERE Secures ¥460 Million in Debt Financing to Expand AI Real Estate Platform

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South East-Asia#WHERE Inc#real estate AI#satellite imagery#proptech Japan#debt financing#startup funding
By PropTechBuzz
12/29/2025

WHERE, a Tokyo-based technology startup, has secured approximately ¥460 million in debt financing. The company focuses on applying satellite data and artificial intelligence to real estate analysis.

The funding was raised in December 2025 and structured as debt financing.

Investors

The financing was led by Mizuho Bank. Other participating lenders include Hokkoku Bank, Japan Finance Corporation, Resona Bank, and Sumitomo Mitsui Banking Corporation.

Together, these institutions supported the round as part of a consortium of Japanese financial organizations.

Use of Funds

WHERE plans to use the capital to strengthen its product development efforts. In addition, the company aims to expand its customer base and improve internal operations.

Most importantly, the funding will help scale organizational capabilities needed to support long-term business growth.

About WHERE

Founded in 2022, WHERE is a JAXA-launched startup that builds an AI-driven real estate platform. The platform combines satellite imagery with terrestrial data to support the full real estate lifecycle.

This includes property discovery, evaluation, asset management, and direct outreach to landowners. Therefore, the platform serves both data analysis and operational needs.

In September 2024, WHERE launched its core service. Since then, adoption has grown steadily. By December 2025, the company had surpassed 100 corporate customers.

Besides that, in October 2025, WHERE introduced its ENERGY Update. This feature set supports renewable energy developers by helping them identify and procure land for solar power plants and energy storage facilities.

WHERE is headquartered in Bunkyo-ku, Tokyo.

Funding Details

  • Company: WHERE Inc.

  • Amount Raised: ¥460.0M

  • Round: Debt Financing

  • Funding Date: December 2025

  • Lead Investor: Mizuho Bank

  • Additional Investors: Hokkoku Bank, Japan Finance Corporation, Resona Bank, Sumitomo Mitsui Banking Corporation

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