Emboline, Inc. Secures $20 Million in Growth Capital from Trinity Capital Inc. to Support Commercialization of the Emboliner® Embolic Protection System to Minimize Stroke Risk From TAVR

Rhea-AI Summary

Emboline closed $20 million in growth capital from Trinity Capital (Nasdaq: TRIN) to fund commercialization of the Emboliner® Embolic Protection System and further platform development. The company completed enrollment in its IDE trial (NCT05684146) and will present results on March 29, 2026 at ACC.

Financing will support U.S. and European commercial launch preparations and ongoing regulatory submissions; the Emboliner device remains investigational and is not available for commercial sale.

Positive

• $20M growth capital secured from Trinity Capital
• Completed enrollment in IDE trial NCT05684146
• Planned presentation of trial results on March 29, 2026 at ACC
• Company preparing for U.S. and Europe commercial launch later in 2026

Negative

• Emboliner device is investigational and not yet approved for commercial sale
• Regulatory submissions remain pending, creating near-term approval uncertainty

Key Figures

Growth capital financing: $20 million Trial presentation date: March 29, 2026 Capital deployed: More than $5.5 billion +2 more

5 metrics

Growth capital financing $20 million Debt financing from Trinity Capital to Emboline

Trial presentation date March 29, 2026 PROTECT H2H IDE trial results at ACC Scientific Session

Capital deployed More than $5.5 billion Total capital Trinity Capital has deployed since 2008 (as of Dec 31, 2025)

Total investments Over 463 investments Number of investments Trinity Capital has made since inception

Inception year 2008 Year Trinity Capital began deploying capital

Market Reality Check

Price: $14.89 Vol: Volume 1,238,282 is below...

normal vol

$14.89 Last Close

Volume Volume 1,238,282 is below 20-day average 1,549,952 (relative volume 0.8). normal

Technical Price at 14.89, trading below 200-day MA of 15.22 ahead of this news.

Peers on Argus

Among close peers, moves are mixed: MFIC up 3.03%, CGBD up 0.74%, NMFC up 0.63%,...

1 Down

Among close peers, moves are mixed: MFIC up 3.03%, CGBD up 0.74%, NMFC up 0.63%, GSBD up 0.22%, while CSWC is down 0.63%. Momentum scanner only flagged AMTD, down 1.97% without news, suggesting today’s setup around TRIN is more company-specific than a broad sector rotation.

Historical Context

5 past events · Latest: Feb 26 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 26	Growth capital deal	Positive	-1.3%	Committed <b>$50M</b> growth capital to Dwelly to scale UK marketplace.
Feb 25	Earnings results	Positive	+2.5%	Reported record 2025 income of <b>$293.7M</b> and NII of <b>$144.1M</b>.
Feb 3	Earnings preview	Positive	+0.5%	Issued positive preliminary Q4 2025 NII and NAV ranges with low non‑accruals.
Feb 2	Growth capital deal	Positive	-2.9%	Committed £<b>25M</b> to Motorway to support UK expansion and scaling.
Jan 28	Credit rating update	Positive	+0.5%	Morningstar DBRS confirmed investment grade <b>BBB (low)</b> and raised trend.

Pattern Detected

Recent TRIN headlines have centered on growth capital deployments in the UK, strong 2025 financial performance, and an investment grade rating confirmation. Positive fundamental updates like record 2025 results and a rating trend revision to Positive saw modest gains, while some new growth capital commitments coincided with short-term price declines. Overall, reactions to news have been mixed, with both aligned and divergent moves following generally positive catalysts.

Recent Company History

Over the last few months, Trinity Capital highlighted several milestones. On Jan 28, Morningstar DBRS confirmed its BBB (low) rating and revised the trend to Positive. In early February, TRIN announced preliminary Q4 2025 estimates, followed by record full‑year 2025 results on Feb 25 with total investment income of $293.7M and net investment income of $144.1M. The firm also committed growth capital to Motorway and Dwelly in the UK. Today’s Emboline financing fits this pattern of expanding its life sciences and growth lending portfolio.

Market Pulse Summary

This announcement highlights Trinity Capital’s continued deployment of growth capital, adding a $20 ...

Analysis

This announcement highlights Trinity Capital’s continued deployment of growth capital, adding a $20 million facility to Emboline to support commercialization of its Emboliner embolic protection system. It deepens exposure to structural heart and transcatheter procedures, with PROTECT H2H IDE trial results slated for March 29, 2026. In context of recent UK growth deals and strong 2025 results, investors may watch portfolio performance, clinical milestones at borrowers, and credit quality metrics in upcoming disclosures.

Key Terms

investigational device exemption (ide), ischemic

2 terms

investigational device exemption (ide) regulatory

"completed enrollment in the PROTECT H2H investigational device exemption (IDE) clinical trial"

An investigational device exemption (IDE) is a regulatory permission that allows a medical device to be used in clinical studies so companies can gather safety and effectiveness data before full market approval. For investors, an IDE is a key milestone because it lets a company test real-world performance and move toward commercial clearance or approval—much like a trial run that, if successful, can unlock larger revenue opportunities and reduce regulatory risk.

ischemic medical

"focused on reducing stroke and ischemic damage during structural heart procedures"

Ischemic describes a medical condition in which a tissue or organ is damaged because it receives too little blood and oxygen, often due to a blocked or narrowed vessel. For investors, ischemic conditions matter because they drive demand for treatments, diagnostics and medical devices, affect clinical trial outcomes and regulatory decisions, and can influence healthcare spending and company revenue in related sectors — like a garden hose pinched off, starving plants downstream.

AI-generated analysis. Not financial advice.

SANTA CRUZ, Calif., March 11, 2026 /PRNewswire/ -- Emboline, Inc., a privately held medical technology company focused on reducing stroke and ischemic damage during structural heart procedures such as transcatheter aortic valve replacement (TAVR), today announced it has closed $20 Million in growth capital from Trinity Capital, a leading international alternative asset manager.

Emboline recently completed enrollment in the PROTECT H2H investigational device exemption (IDE) clinical trial (NCT05684146), a prospective randomized study evaluating the Emboliner® Embolic Protection System. The funding will support Emboline's upcoming commercial launch activities and continued development of its embolic protection technology platform.

The Emboliner® Embolic Protection System is designed to provide full cerebral and systemic embolic protection by capturing and removing embolic debris released during transcatheter heart procedures. Emboline also holds an extensive intellectual property portfolio related to aortic embolic protection technologies, including full-body embolic filtration and aortic deflection approaches.

Results from the completed IDE clinical study will be presented in a Late-Breaking Clinical Trial session on March 29, 2026, at the American College of Cardiology Annual Scientific Session in New Orleans, Louisiana.

"Emboline's embolic filtering technology is designed with the goal of giving interventional cardiologists greater confidence when performing complex structural heart procedures while helping reduce the risk of stroke and other embolic complications," said Rob Lake, Senior Managing Director of Life Sciences at Trinity Capital. "We are pleased to support Emboline during this important stage as the company prepares to bring its technology to physicians and patients worldwide."

"We are excited to partner with Trinity Capital at a pivotal moment for Emboline," said Scott Russell, President and CEO of Emboline. "With the completion of our IDE clinical trial and regulatory submissions ahead, this financing positions us to prepare for commercial launch in the United States and Europe later this year. Our goal is to provide physicians with a comprehensive embolic protection solution that helps reduce stroke and ischemic injury during transcatheter procedures."

With this financing, Emboline will advance preparations for the commercial introduction of the Emboliner® Embolic Protection System while continuing development of additional technologies designed to reduce embolic risk during structural heart interventions.

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 $5.5 billion across over 463 investments since inception in 2008 (as of December 31, 2025). Headquartered in Phoenix, Arizona, Trinity Capital's dedicated team is strategically located across the United States and Europe. For more information on Trinity Capital, please visit trinitycapital.com and stay connected to the latest activity via LinkedIn and X (@trincapital).

About Emboline

Emboline, Inc. is a privately held medical technology company based in Santa Cruz, California, focused on developing technologies designed to reduce embolic complications during transcatheter cardiovascular procedures.

The company's lead product, the Emboliner® Embolic Protection System, is designed to provide full cerebral and systemic embolic protection by capturing and removing debris that may be released during structural heart interventions and that could otherwise travel to the brain and other vital organs.

For more information, visit emboline.com.

The Emboliner® device is currently investigational and is not available for commercial sale.

Media Contact: media@emboline.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/emboline-inc-secures-20-million-in-growth-capital-from-trinity-capital-inc-to-support-commercialization-of-the-emboliner-embolic-protection-system-to-minimize-stroke-risk-from-tavr-302710533.html

SOURCE Emboline, Inc.

FAQ

What did Emboline announce about funding from Trinity Capital (TRIN) on March 11, 2026?

Emboline secured $20 million in growth capital from Trinity Capital. According to Emboline, the financing will support commercial launch preparations and continued development of its embolic protection platform.

What is the regulatory status of the Emboliner® Embolic Protection System (Emboline)?

The Emboliner device is currently investigational and not available for commercial sale. According to Emboline, regulatory submissions are underway as the company prepares for U.S. and European launch later in 2026.

When and where will Emboline present results from the IDE trial (NCT05684146)?

Emboline will present IDE trial results on March 29, 2026 during a Late-Breaking Clinical Trial session at the American College of Cardiology. According to Emboline, the presentation will be in New Orleans, Louisiana.

How will the $20M financing affect Emboline's commercialization plans for the Emboliner?

The financing is intended to fund commercial launch preparations and platform development. According to Emboline, the capital positions the company to prepare for U.S. and European commercial introductions later in 2026.

What clinical evidence supports the Emboliner device ahead of commercial launch?

Emboline completed enrollment in a prospective randomized IDE study (NCT05684146). According to Emboline, results from that study will be presented at ACC on March 29, 2026 as a Late-Breaking Clinical Trial.