Aliso Viejo-based life sciences and technology accelerator OCTANe announced it formed a strategic alliance with Tellson Securities Inc., which will provide investment banking services, including capital markets, mergers and acquisitions, and pretransaction advisory services. The alliance will “ultimately improve and accelerate the strategic and financing needs of OCTANe’s portfolio of LaunchPad alumni companies as well as specific small and midsize businesses operating in Southern California,” according to a press release.
Tellson will provide equity and debt financing, OCTANe said.
• Pegasus Solar Inc. raised $10 million in Series A financing. The Ecosystem Integrity Fund led the round with participation from Okapi Venture Capital, Howard Wenger, Mike Miskovsky and other solar industry executives. Laguna Beach-based Okapi became an investor of the Richmond, Va.-based rooftop solar-installation company last year.
— Sherry Hsieh
