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OCTANe Unit Raises $307M

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Aliso Viejo-based OCTANe’s LaunchPad accelerator raised $307 million through the first six months of 2019.

Most funding came from outside OC, an indicator of LaunchPad’s reach as well as a “missed opportunity” for local startup efforts, according to OCTANe CEO Bill Carpou.

OCTANe is a medical and technology accelerator; its LaunchPad program is a Small Business Development Center of the U.S. Small Business Administration.

For more on OCTANEe and LaunchPad’s work, see the Aug. 26 print edition of the Business Journal.

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