LoneStar Heart Gets $20M For Heart Therapy

Laguna Hills-based LoneStar Heart, a firm developing cardiac restorative therapies for patients with heart failure, has raised $20M in a funding round, the firm revealed today, from Chinese investor Themes Investment Partners. The firm said the equity funding will go towards clinical testing and regulatory clearance of its lead product. The firm said it has now raised $35M in funding since founding in June of 2010. Themes' Frank Yu has joined the company's board as part of the funding. Orange County-based LoneStar is developing its product in China. More information »