PCH Fills Out Tech Ecosystem For Hardware Startups With Fab Deal
There’s a China connection in the recent deal that PCH made to buy the once high-rising and well-funded e-commerce startup, Fab, which crashed last year.
The product development and supply chain firm PCH has a major manufacturing and logistics base in Shenzhen, where its operations assemble, package and get products ready to ship for major multinational companies as well as small to medium-sized businesses. I’ve toured the operation in Shenzhen and interviewed founder Liam Casey there. No photos to share though since no snapshots were permitted due to the confidentiality of one of their high-profile corporate clients.
PCH has been expanding from that Shenzhen operation into services higher up in the chain, and with the recent acquisition of New York-based Fab, getting a higher profile as a result — and by helping more companies go international, narrowing the innovation distance between China and the U.S.
Its year-old PCH Innovation Hub in San Francisco is loaded with equipment to churn out and fine tune hardware products. The ground floor is a big loft space with bleachers (a cool venue for Silicon Dragon) and a patio. The company’s related Innovation Highway accelerator works with 12 entrepreneurs at a time in a four-month course, taking a small equity stake along the way and offering $50,000 in cash.
Read more at Forbes: PCH ecosystem