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Startups & Venture·October 12, 2026·1 min read

Dongshan Said to Gauge Demand for Up to $3 Billion HK Listing

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A $2–3 billion Hong Kong raise for a PCB manufacturer is another data point that core electronics and packaging capacity are still investable, not commoditized. If your product depends on board-level innovation or supply resilience, assume capital is flowing to scale incumbents rather than new entrants and negotiate accordingly.

Startups & Venture

Anchorage Digital buys B2B payments automation startup Routable for an undisclosed sum; Anchorage CEO calls it its largest acquisition by team size and revenue

Crypto-native infra buying a mature B2B payouts automator is a bet that treasury, vendor, and contractor flows converge across fiat and digital rails — not two separate stacks. If you run payments-heavy workflows, expect your providers to start bundling on-chain settlement options directly into existing AP/AR automation rather than as a separate product.