Trinity Capital Inc. Provides $20 Million in Growth Capital to Emboline, Inc. to Advance Interventional Heart Procedure Technology
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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
"We are entering an important phase as we prepare for the commercial introduction of the Emboliner system," said
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.
About Trinity Capital Inc.
Trinity Capital Inc. (Nasdaq: TRIN) is an international alternative asset manager that seeks to deliver consistent returns for investors through access to private credit markets. Trinity Capital sources and structures investments in well-capitalized growth-oriented companies across five distinct lending verticals: Sponsor Finance, Equipment Finance, Tech Lending, Asset Based Lending, and Life Sciences. As a long-term, trusted partner for innovative companies seeking tailored debt solutions, Trinity Capital has deployed more than
About Emboline
Emboline, Inc. is a privately held medical technology company based in
For more information, visit emboline.com.
The Emboliner® device is currently investigational and is not available for commercial sale.
View original content to download multimedia:https://www.prnewswire.com/news-releases/trinity-capital-inc-provides-20-million-in-growth-capital-to-emboline-inc-to-advance-interventional-heart-procedure-technology-302710135.html
SOURCE Trinity Capital Inc.
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