Trinity Capital announced the commitment of $20 million in growth capital to Emboline, Inc. ("Emboline"), a MedTech company focused on reducing strokes and other complications during interventional heart procedures.
Emboline's proprietary Emboliner® Embolic Protection Catheter is designed to help make minimally invasive heart procedures safer by capturing and removing debris that could otherwise reach the brain and other vital organs. The Emboliner is composed of a flexible, conforming mesh that allows normal blood flow while providing protection during procedures. The company recently completed patient enrollment in the PROTECT H2H investigational device exemption (IDE) clinical trial, advancing its efforts to generate the clinical data needed for regulatory approval and the commercial launch of the Emboliner system.
"We're proud to partner with the Emboline team as they advance their mission to reduce strokes and other complications associated with heart procedures," said Rob Lake, Senior Managing Director at Trinity Capital. "The team's passion and dedication to improving patient safety is inspiring, and we're excited to support them as they expand access to the Emboline system."
"We are entering an important phase as we prepare for the commercial introduction of the Emboliner system," said Scott Russell, President and CEO of Emboline. "Trinity Capital's growth financing strengthens our ability to scale manufacturing, expand our team, and support the clinical and regulatory milestones that will bring this technology to patients worldwide."
This financing will support Emboline in preparing for the commercial launch of the Emboliner system while continuing to advance its platform of technologies aimed at reducing risk during minimally invasive heart procedures.