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Conpago, based in Brisbane’s Fortitude Valley, integrates technology and the daily habits of elderly people with appliances that let them remain connected with their family while also creating a social health monitoring solution.
The barriers to entry for young companies in Silicon Valley are skyrocketing because of soaring costs, and longtime locals fed up with Valley are departing for greener, fresher pastures. Indeed, Peter Thiel, who co-founded PayPal with Tesla and SpaceX chief Elon Musk, left Silicon Valley after becoming dissatisfied with the culture in the Valley, among other reasons.
$1 million at stake as the hottest local startups go head-to-head at a major pitch competition hosted by StartCon in Brisbane on 5 October.