Orange County, Calif.–based life sciences accelerator organization OCTANe recently announced a strategic partnership with Small Cap Nation (SCN), a New York City–based financial media content distribution platform.
SCN delivers breaking, on-demand news and information related to the domestic and international small-cap sector. It recently opened a Silicon Valley office.
“This partnership will open an important source of capital for our LaunchPad companies and those associated with OCTANe’s Growth Services platform that are raising capital. It also further adds to our coalition of organizations collaborating to achieve innovation and growth to the entire Southern California region,” OCTANe CEO Bill Carpou said in an April 11 news release.
OCTANe and SCN officials think the partnership will support ongoing deal flow into SCN’s Family Office Networks, which aim to bring the financial industry and its expert professionals to single family and multi-family offices. (Family offices are private wealth management advisory firms catering to wealthy investors.)
Family Office Networks access would extend to OCTANe’s LaunchPad network of recent alumni and current participants on the Growth Services platform and raising capital.
“Family offices are increasingly looking for mature companies to work with and LaunchPad will provide high-quality deal flow in a later investment stage than what most family offices see,” said Hugh Austin, CEO of Small Cap Nation.
“We believe that this partnership will be mutually beneficial to both of our organizations and help create a bi-coastal innovation network,” Austin said.
OCTANe and SCN will share information about companies seeking capital that are presenting at OCTANe’s Technology Innovation Forum (TIF), May 31–June 1 in Newport Beach, Calif., as well as the Medical Technology Innovation Forum (MTIF) later this year. SCN will also bring investors to the conferences to review OCTANE’s LaunchPad participating companies.
There are also future plans for OCTANe and SCN to develop an investment conference together.