*NEWS: OCTANe Sees Record Capital Raise in First Half of 2019 From LaunchPad and Alumni Companies

OCTANe LaunchPad and its alumni companies have set a record-high capital raise in the first half of 2019. With over $306 million raised so far, this six-month period has exceeded any prior full year’s raise.

LaunchPad is a life sciences and tech accelerator in Aliso Viejo, and part of OCTANe’s multi-faceted organization.

Last year, OCTANe reported a record $297 million for the full year.

These LaunchPad alumni companies, including Acorns and Allegro, are contributing to the growth of OC and SoCal, as they continue to create more jobs, supporting OCTANe’s goal of 55,000 high paying jobs by 2030.

With the creation of OCTANe Enterprise Solutions, these numbers should continue to grow into 2020 especially given OCTANe’s strong relationships with investors in Boston, NYC and the SF Bay area.

About The Author

Deirdre Newman is a long-time journalist, who's covered OC startups for a few years.

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