The Asia Star of the Global Startup Accelerator Demo Day

Reliability, scalability, high performance, and cost-efficiencies are critical drivers for startups worldwide to select Alibaba Cloud services. We at Alibaba Cloud are invested in accelerating your business with our ever-growing ecosystem. As the new initiative of Project AsiaForward, the AsiaForward Startup Day is a free full-day hybrid event featuring interactive knowledge exchange. In this article, we will introduce two successful cases of Alibaba Cloud x KrASIA Global Startup Accelerator.

1. The Asia Star of the Second Indonesia Demo Day

Meet, the Asia Star of the second Alibaba Cloud x KrASIA Global Startup Accelerator Indonesia Demo Day.

Arya Setiadharma, CEO of Prasetia Dwidharma Ventures, shared his excitement to hear the startups' pitches. “This Indonesia Demo Day is a great initiative by KrASIA and Alibaba Cloud. It can really help put some startups on the map of the growing startup ecosystem in Indonesia.”

After reviewing the startups' pitch from a range of industries, including F&B, the internet-of-things (IoT), and mobility, the judges named Prosa.AI as the Asia Star of the second Indonesia Demo Day. is a deep tech company that develops natural language processing technology building blocks, platforms, and solutions that utilize the Bahasa Indonesia language.

2. Protos Labs: The Asia Star of the Joint Singapore-Thailand Demo Day

Protos Labs impressed the judges with its threat-based cyber risk quantification methodology and proactive cybersecurity services for the insurance industry.

Sharing some of her thoughts after hearing all the finalists' pitches, Leung Pui Yan, director of investments at Vertext Ventures (Southeast Asia & India), said, "KrASIA has curated a diverse group of startups for this Demo Day, addressing a wide range of challenges and opportunities in the region. Many show good potential to do well and I wish them every success." Stanley Zhang, the founding and managing partner of Jubilee Capital Management, shared similar sentiments and said, "Impressive demos and good presentations in general. It was hard to pick a winner."

After reviewing the pitches from startups operating in a range of industries, including robotics, biotechnology, and edtech, the judges named Protos Labs as the Asia Star of the joint Singapore-Thailand Demo Day. Protos Labs is a Singapore-based startup founded by former Booz Allen cybersecurity consultants. It combines cybersecurity, AI, and statistical modeling to help insurers accurately quantify policyholders' cyber risk exposure and reduce the likelihood of a breach.

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