Asia’s tech news #128: Indonesia & digital assets, expat finservs app, Aus/US data agreement…

WK Wright
4 min readDec 30, 2021


In this issue: New early-stage VC fund in Singapore, Australia and the US to share data in criminal investigations, international law and cyber-attacks, Bangladesh health-tech and Microsoft’s Project Amplify…

Indonesia: Binance blockchain and crypto firm inks JV with consortium for digital asset
Binance, blockchain and cryptocurrency infrastructure provider has established a joint venture with a consortium led by MDI Ventures

Singapore: 1982 Ventures raises $12.5M at first close, looking at 30 early-stage fintech startups in

Its investments to date include Indonesian open banking player Brick, Vietnamese retail investment platform Infina, home financing startup Homebase, automated financial data platform Bluesheets…

‘Why every VC should spend a month with an accelerator’

Startup markets around the world are heating up, and more investors are competing against each other for the best deals. In the scuffle, VCs are turning to scouts to do the legwork, but that has meant being yet another step removed from…

Australia and US ink agreement to ease justice access to digital records needed in criminal
The United States and Australia signed an agreement to ease access by their justice departments to digital phone and email records needed in criminal investigations.

“In the era of cyber operations…are int’l laws governing self-defence and armed conflict sufficient?”

In the era of cyber operations, from influence campaigns to the destruction of critical civilian infrastructure, are the international laws governing self-defence and armed conflict…

Unicorn Battle Worldwide 2022 Season / Startup pitch applications open now
Unicorn Battle Worldwide 2022 Season / Startup pitch applications open now

Malaysia: NeuXP, working with banks to allow non-residents to open and manage accounts by
NeuXP aims to facilitate cross-border banking. NeuXP is a finalists of the Alibaba Cloud x KrASIA Global Startup Accelerator Hong Kong Demo Day.

Taiwan Advanced Auto Tech Dev Ass’n to connect ICT, semiconductor industry with global auto

Taiwan Advanced Automotive Technology Development Association (TADA), after near one year of preparation, began operation on December 16. The organization is eyeing to become the bridge…

Bangladesh’s Praava Health selected for Project Amplify program, Microsoft/Accenture
Project Amplify aims to nurture startups through a year-long mentoring program and use Microsoft’s Global Social Entrepreneurship Program and network to help

Singapore: Sleek digital corp services platform gains EDBI

Sleek helps entrepreneurs to easily register their companies and open a business account in Singapore. It also provides other services such as ongoing compliance management, payroll…

“…the digital department store of your dreams’ sells nothing but virtual luxuries…”

The first piece it brought out, on Dec. 12, 2020, was a silver sweater selling for €121 ($137). Like all of her products since, the whole run — 1,212 digital renderings — sold within three hours….

Global Startup Ecosystem Report 2021 (pdf) from Startup Genome
Global Startup Ecosystem Report 2021 (pdf) from Startup Genome

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WK Wright

All things tech, startup & funding: Short form for the time-poor at Startup News Asia