Tech Company Financing Transactions

LoneStar Heart Funding Round

LoneStar Heart, operating out of Laguna Hills, secured $20 million from Themes Investment Partners and private investors.

Transaction Overview

Company Name
Announced On
10/10/2012
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors

Themes Investment Partners (Lead Investor) (Frank Yu)

Proceeds Purpose
LoneStar Heart Inc. today announced the completion of an up to $20 million milestone-based equity financing to support the clinical testing andregulatory clearance of its lead product, Algisyl-LVR, a single-use, self-gelling biopolymerimplanted into the heart's left ventricle during surgery for the treatment of advanced heart failure.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
26051 Merit Cir. 102
Laguna Hills, CA 92653
USA
Email Address
Overview
LoneStar Heart, Inc. is a Texas and California based biomedical company developing new therapies to preserve and restore adequate heart function in patients with Advanced Heart Failure (HF).
Profile
LoneStar Heart LinkedIn Company Profile
Social Media
LoneStar Heart Company Twitter Account
Company News
LoneStar Heart News
Facebook
LoneStar Heart on Facebook
YouTube
LoneStar Heart on YouTube

Management Team

Title
Name
Email & Social
Chairman
Olav Bergheim
  Olav Bergheim LinkedIn Profile  Olav Bergheim Twitter Account  Olav Bergheim News  Olav Bergheim on Facebook
Chief Operating Officer
Frank Ahmann
  Frank Ahmann LinkedIn Profile  Frank Ahmann Twitter Account  Frank Ahmann News  Frank Ahmann on Facebook
VP - Regulatory Affairs
Andy Hinson
  Andy Hinson LinkedIn Profile  Andy Hinson Twitter Account  Andy Hinson News  Andy Hinson on Facebook


 

 

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Next: 10/10/2012: IO Data Centers venture capital transaction

 

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