The key to expanding to the US is about understanding the cultural differences between how to market and sell in a big market vs a small market.
Propel looks to enable participants to learn from Silicon Valley’s mindset and culture, and provide them with direct access to US venture capitalists.
Energy company AGL has today announced a US$10 million ($12.4 million) investment into American startup August Home, a company creating smart locks and associated products and services.
National Australia Bank has led a US$24 million Series B round (approximately $31 million) in San Francisco-based foreign exchange payments company Veem through its VC fund, NAB Ventures.
Sydney edutech Mathspace has announced an extension of its partnership with global publisher Pearson Education that will see its program rolled out across thousands of colleges around the US.
Xero has today announced a major integration with Wells Fargo, a US bank serving one in three households and more than three million small businesses across the United States.
Canberra payment processing startup eWAY has been acquired for around USD$50 million by US company Global Payments. The acquisition is part of Global Payments’ initiative to create the leading technology enabled distribution platform in the Asia Pacific region.
Australian consultant marketplace Expert360 has launched its international expansion, opening an office in New York in order to better support its global customers.
Payment processing startup Stripe has launched Atlas at the Mobile World Congress in Barcelona this week, a new service that allows global companies incorporate in the American state of Delaware by helping them open a US bank account, get tax and legal guidance, and file all the necessary paperwork to establish an operational presence in the US.
The tech world has been promising that “this year” will be the year that drones finally take off, with drones expected to do everything from delivering Amazon packages in the suburbs to helping farmers with their crops, but 2016 might finally see this promise become a reality.
Group holiday tours can be exhausting: weeks spent in a bus with the same people, hurtling from destination to destination, stopping only to take a handful of pictures in front of famous landmarks and buy a few expensive souvenirs. Travellers these days are getting bored of having the same old experiences in tourist traps as everyone else, providing entrepreneurs with the perfect opportunity to jump in with new services to help facilitate unique experiences.