In today’s briefing:
- How to Spot Artificial Volume
- SG Mobility Startup Offers Zero Commission Fees to Challenge Grab
- Tech Talk: Autonomous Vehicle LiDAR 101
- Exclusive: SG Kidtech Firm Bags $2.2m Seed Round
- PixCap Scores US$2.8M to Allow Users to Find, Edit, Export 3D Content in Minutes
How to Spot Artificial Volume
- Wash trading was at one point a pervasive problem in cryptocurrency markets.
- Today, most major exchanges have strict anti-wash trading measures, which has drastically reduced the problem since the ICO-led trading boom of 2017-18.
- Yet, due to the relatively low barriers to entry for launching an exchange, this type of market manipulation is far from eradicated on lesser-known, unregulated venues.
SG Mobility Startup Offers Zero Commission Fees to Challenge Grab
- Singapore-based Geolah – a mobility startup – wants to remove commission fees altogether.
Instead of charging drivers commission fees, Singh said his startup will earn revenue through rebates from digital payments, insurance, and automotive firms.
Revenue will also come from ads, with the firm saying that it has onboarded notable names like Shell and Klook.
Tech Talk: Autonomous Vehicle LiDAR 101
- LiDAR works by emitting laser beams and measuring the time it takes for the beams to bounce back to the sensor.
- By using this information, LiDAR can create a 3D map of the surrounding environment, including the location and shape of objects, such as buildings, trees, pedestrians, and vehicles.
- One of the main advantages of LiDAR is its accuracy and range.
Exclusive: SG Kidtech Firm Bags $2.2m Seed Round
The company has expanded to offer watch phones, headphones, drones, and even a social media network for kids.
Their mission is to help kids aged between three and 12 to “stay connected socially without the usual ills of social media.”
- The startup’s revenue mainly comes from sales of its devices, ranging from a US$20 digital sketchpad to a US$199 watch phone.
PixCap Scores US$2.8M to Allow Users to Find, Edit, Export 3D Content in Minutes
Singapore-based PixCap, a web-based 3D design platform, has raised US$2.8 million in seed funding led by Sequoia Surge.
Founded in 2020 by Cyril Nie (CTO) and Looi, PixCap allows users with no 3D experience to find, edit and export 3D content, including images for graphic designs and animations for landing pages and social media.
Designers, developers and consumers can use PixCap to create 3D content for graphic designs, games and AR/VR.
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