Today's top tech news, July 19: MDI Ventures launches Singapore office

In addition to MDI Ventures, we also have updates from OYO, WeWork, and SoftBank 

Japan’s startup ecosystem has yet to fully mature, says Cool Japan Fund's Shinnosuke Watanabe

There definitely is potential for growth, but it will require time and a concerted effort from the local startup community and relevant organisations 

Three Mitsubishi entities join Go-Jek's Series F round

The Mitsubishi entities plan to tap into Go-Jek's expertise and presence in the mobility and consumer services market in the region 

How a Japanese initiative backed by local government is accelerating product development in Southeast Asia

The Ota City Super Factory Prototyping Programme is now open for applications from startups in Southeast Asia 

Insurtech Singapore Life raises US$90M funding from Sumitomo Life

The wealth tech and life insurance company based in Singapore plans to “tackle the fragmentation in financial services” 

Today's top tech news, June 26: Startupbootcamp launches Japan cohort, Affle International acquires RevX

Also, Consentium launches crypto exchange platform Exonium, and Apple acquires AI-powered self-driving car startup Drive.ai 

Alpha JWC Ventures welcomes NS Solutions to its second fund

The Indonesia-based venture capital Alpha JWC Ventures receives investment from the Japanese IT company for its second fund 

With Electrowise, even an average household in Malaysia can become electricity trader

Electrowise is a blockchain marketplace on which people can utilise the existing national grid to buy and sell electricity 

Japanese, Malaysian HRtech company Grooves raises US$3M in funding

Grooves enhances the recruitment process for candidates, recruiting agencies and companies using Artificial Intelligence and Big Data 

Japan plans to increase internal security in crypto exchanges

Financial Services Agency (FSA) announced the move following the country's plan to boost economic growth through fintech industry